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Spoutwell Lane, Mullingar, Co. Westmeath


Price
€750,000

Type
Commercial

Status
For Sale

Size
1,821 sq.m.
Description

James L. Murtagh Auctioneers are delighted to present this excellent development opportunity with Full Planning Permission for a Residential Scheme located at Spoutwell Lane, Mullingar, Co. Westmeath. The property comprises a c.0.45 acre residential development site with level topography and a gradient consistent with the roadside.
This ready to go site has Full Planning Permission for the demolition of the existing commercial buildings and the construction of a 3 storey 20-unit apartment block which consists of the following: 1 No. 3 bedroom unit, 16 No. 2 bedroom units and 3 No. 1 bedroom units. These apartments are laid out over a well-designed, contemporary, and easily manageable complex. There are no lifts in this proposed development and benefits from 20 own-door apartments providing for a more affordable and sustainable complex and an improved living experience. There is also planning for the construction of a new access entrance/gate, boundary fence, connection to existing services and all associated site works.
The planning file/documents can be viewed on the Westmeath County Council online planning portal under File Number: 22/35

Schedule of Units;

Ground Floor Level

7 No. 2-Bedroom/4-person apartments

First Floor Level

7 No. 2-Bedroom / 4-person apartments

Second Floor Level

2 No. 2-Bedroom / 4- person apartments
3 No. 1- Bedroom / 2-person apartments
1 No. 3-Bedroom/ 5-person apartment

This is an excellent opportunity for developers, investors, builders, and those looking to satisfy the requirements of Housing Associations and Local Authorities. Accessed from Spoutwell Lane, the site is ideally located in Mullingar town centre. The development will also benefit from footpaths, shared zone/access areas, and car parking spaces including 10% of spaces being provided with electric charging station/points and the facilitation of the installation of additional chargers in the future, bicycle bays and, 3 bin recycling system, communal amenity/ landscaped public spaces, private amenity space (patio or balcony), landscaping and all associated site development works.

The subject development is situated at Spoutwell Lane, in Mullingar town centre. Located just off Pearse Street with access onto Friars Mill Road. The proposed development will overlook the River Brosna and, further, is within easy access to the Royal Canal Greenway and the Mullingar Park providing for an abundance of public green space for future residents. Pearse Street comprises units occupied by a number of mixed uses including, inter alia, commercial, retail, enterprise, social and residential. This prime centre location is within immediate access to the above amenities, transport nodes and benefits from existing on street services. The subject property is zoned Mixed Use under the existing Local Area Plan with the land use zoning objective described as to Provide for, protect and strengthen the vitality and viability of the town centre, through consolidating development, encouraging a mix of uses and maximising the use of land, to ensure the efficient use of infrastructure and services. The foregoing reflects the mixture of uses which have co-existed within Mullingar town centre and encouraged economic efficiency and provided for sustainability and enhancement of the town centre.
Further details available on request. Viewing by appointment only.

Please note the photography/measurements are for guidance/illustration purposes only.

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