The Square, Castlepollard, Co. Westmeath
The Square, Castlepollard, Co. Westmeath
Price on Request
James L. Murtagh Auctioneers are delighted to bring this mixed-use development with exciting redevelopment potential at The Square, Castlepollard, Co. Westmeath to the market. This property commands a prime landmark location, within immediate access of both social and essential amenities. The property offers the discerning purchaser an opportunity to redevelop to provide an exceptional and sustainable residential development.
At present, the property comprises a site of approximately 0.5 acre with an array of buildings consisting of commercial units (currently in use as a Caf), residential units and a traditional cut stone converted loft to the rear with further residential accommodation.
The site comes with Full Planning Permission, granted in 2020, for the construction of 1 no. 2 bed terrace dwelling, 2 no. 2 bed apartments, 2 no. commercial units, all fronting onto The Square. The construction of 4 no. 2 bed two storey semi detached dwellings to the rear of the site. The planning permits for the demolitions as necessary of the existing buildings onsite to accommodate the development. The Planning Permission file number reference is 196236 and further information can be accessed through the Westmeath County Council Planning Portal. We understand that the terraced properties are eligible for the Vacant Property Refurbishment Grant Schemes, assisting in the refurbishment of vacant and derelict homes.
Castlepollard can be described as a key service town of north Westmeath, located just over 1 hour to Dublin, Castlepollard provides easy country living yet within close proximity to major road networks and transport connections to the larger towns and Dublin City.
According to the Castlepollard Local Development organisation, there has been funding in excess of 4.5m for investment in local projects. oeastlepollard will be a socially inclusive town with a strong community and entrepreneurial spirit. With a rich and unique heritage, we will be a beacon for responsible and innovative rural tourism. The village will be a vibrant hub, based around an attractive centre that is alive with activity and that caters for all members of its community. " Castlepollard Local Development. There has been a substantial amount of funding invested in Castlepollard to date, upwards of 20 million which has been devoted to the regeneration of the town, restoration of the unique architectural heritage of the Town Square and Green, Market House and now provides an array of community facilities and amenities for the surrounding hinterland.
Further information on future projects can be explored at https://castlepollard.ie/ https://www.westmeathcoco.ie/en/ourservices/regeneration/castlepollardregeneration/
For further information or to view the property, please contact our office on 044 93 40088.
We are also offering the property is one or more lots, however, please note that the existing planning permission is only compatible with Lot 3 and Lot 4. Should the property be sold in separate lots, the purchaser(s) of Lot 1 and Lot 2 are obliged to apply for independent planning permission relating to the subject lots. We are offering the various lots as follows:
Lot 1: Residential building (currently vacant), adjoining building to the rear and traditional cut stone converted loft.
The residential building is in need of complete refurbishment, currently unoccupied with a proposed development of 1 No. 2 bed terrace dwelling fronting onto The Square. Traditional cut stone converted loft providing residential accommodation also. The loft is wired and plumbed and partially finished to a second fix.
Lot 2: 2 retail units with development potential
Lot 2 consists of a commercial unit, one of which is currently in use as a caf, and a residential unit in need of upgrades in order to become habitable. The two units are brimming with development potential and plans of the proposed developments are available upon request. One such plan includes the division of the retail unit into 2 separate units with a kitchen for a bakery and storerooms to the rear. The first floor above the retail units would become an updated living space comprising of 2 bedrooms, kitchen/living area, sitting room and bathroom. The current uninhabited residential unit could be renovated into a 4-bed home.
Lot 3: Site to the rear with full planning permission for 4. No. 2 bed two storey semi-detached properties.
Lot 3 consists of the large site to the rear of the property with planning permission. The proposed plans for the site suggest an L configuration of three 3-bedroom semi-detached homes. Each of the homes would consist of a sitting room, open-plan kitchen/dining area, downstairs wc, utility room, 3 bedrooms, bathroom and private garden to the rear.
Lot 4: The entire