Friday 23 February 2018

Zoned 67-acre land bank in Kilkenny city guiding at €2m

The subject site has 100m of direct frontage to the Dublin Road
The subject site has 100m of direct frontage to the Dublin Road
Ronald Quinlan

Ronald Quinlan

A 67.21-acre zoned land bank at the edge of Kilkenny city has ben brought to the market by Knight Frank with a guide price of €2m exclusive.

Currently in tillage, the holding has the benefit of both 100 metres of direct frontage to the Dublin Road and an additional agricultural access point to the shared laneway to the east. Exit 8 on the M9 Motorway is located within 8km via the N10, providing easy access to Dublin and the wider motorway network.

In August 2010 Kilkenny County Council granted planning permission (09/437) for significant enabling infrastructure on the lands to include a new roundabout junction with the Dublin Road, connections to public services, pumping station, surface water attenuation ponds, a bored well together with landscaping and laying out of a public amenity open space. In May 2015 this permission was extended until August 2020 (ref 15/163).

Under the current Kilkenny City & Environs Development Plan 2014-2020, some 55.85 acres of the site is zoned Objective Business Park, with the aim of providing "for commercial activity including industry, information technology-related industrial and office development and ancillary services and retail warehousing".

Permitted uses under this zoning include hotel, car showroom, warehousing - including retail warehousing, light industry, office-based industry, science and technology-based industry, enterprise centre or restaurant.

The balance of the lands (approx. 11.36 acres) are zoned amenity/green links/biodiversity conservation/open space/recreation, "to allow for green links and biodiversity conservation and to preserve, provide and improve recreational open space".

The selling agents believe the subject site is well positioned to take advantage of the established business presence along the Dublin Road, where occupiers include VHI, Glanbia and the impressive Lyrath Estate Hotel.

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