Monday 19 August 2019

Rathcoole site with potential for aparthotel on sale for €3m

(stock photo)
(stock photo)
Donal Buckley

Donal Buckley

A COUNTY DUBLIN site extending to 1.27 acres, with full planning permission for a 58-bedroom 'aparthotel' and nine retail units, has been brought to the market.

Estate agents Coonan Property is quoting €3m for the property, which is located on the site of Glebe House on Main Street, in the village of Rathcoole in south-west Dublin.

It is being sold by local businessmen, through a company called LBJ Properties Ltd, which received planning permission for the project last December.

Currently, the property contains some retail units and some small lock-up/warehouse units, as well as the derelict shell of Glebe House, a former rectory which is listed as a protected structure.

The planning permission allows the developer to rejuvenate this house as the location for a bar, restaurant and meeting rooms for the aparthotel. The latter will range in height from two to three storeys, and its accommodation will include six one-bedroom suites of 46 sqm each, two three-bedroom family suites of 121 sqm each, and 46 bedrooms, each of 18/19 sqm.

In addition, there will be a reception area, restaurant/coffee shop/bar and a function room.

Each of the nine new retail units will extend to 48 sqm and will be located in a single-storey building. Also permitted are four market stalls of 14 sqm. An underground car park will cater for up to 81 cars, including mobility access and electric vehicles.

Rathcoole is located just off the M7, and a number of hotels are located just off a nearby section of the motorway, including one of Ireland's largest hotels, CityWest.

It is close to the CityWest business campus, Baldonnel airport and Greenogue industrial estate, and the suburb of Saggart.

Indo Business

Also in Business