Ashford House, Ashford, Co. Wicklow


NEW!
For Sale €2,700,000

Description

Location

The property is located on the western side of Main Street in Ashford village, approximately 6 kilometres North West of Wicklow Town and 45 kilometres south of Dublin City Centre.
Cherrywood and Sandyford Business Parks and Ireland’s premier shopping destination at Dundrum Town Centre are all within a 30 minute drive.

Ashford is a growing village within close proximity to Dublin environs and has established itself as a Dublin commuter belt location. The area was bypassed in 2004 which has seen a significant reduction in the volume of village traffic. This enhances the tranquil setting of this affluent village and makes it an idyllic location for an exclusive residential development (subject to PP).

The state of the art Ashford Studios, where the award winning series ‘Vikings’ is filmed, is 1 kilometre north of the property. Mount Usher Gardens is just a few hundred metres from Ashford House.

The M11 is accessible at junction 15 approx. 2 kilometres to the north and junction 16 which is just 2 kilometres south of the village.
Bus Eireann provide a regular service to Dublin City from Ashford village. Iarnrod Eireann provides intercity train services from Wicklow Town to Dublin City in 1 hour.

Description

The property comprises of a detached 2 storey building separated into three self-contained units and public house at ground floor level with four well-presented offices on the first floor extending to a combined 1,577 sq.m. (16,975 sq.ft.).

The properties are currently generating €75,500 per annum with an ERV in excess of €150,000 per annum when fully let.

Ashford House is a fully fitted out public house & restaurant which benefits from a 7 day licence and is available to occupy immediately.

8 residential units can be delivered on the site independent of the existing properties.

The site is a regular shape and generally level and extends to 2.56 acres (1.04 Ha). The majority of the property forms the Ashford House public house with a section of the ground floor at its northern end comprising a vacant restaurant. There is also a small hairdressing salon and take away which faces onto a large surface area car park. The first floor offices are presented in good condition throughout.

There is lapsed planning in place for a mixed use development comprising retail, office and residential use of approx. 1,720sq.m. An extension of planning was successfully obtained for 8 apartments under planning ref: 151303 which can be constructed immediately. A detailed architectural feasibility study indicates potential for a range of residential or mixed use schemes
comprising apartments, houses and commercial use.

The existing properties are positioned on the south east side of the site with the public house and the restaurant benefitting from approximately 105 metres profile overlooking Main Street. The area to the west largely consists of grass, trees and shrubbery. The northern section of the site consists of a tarmacadam surface area car park with marked allocated bays.
The property is accessible from the R772 (Main Street) to the east and R764 to the north.

Ashford House presents an excellent opportunity to acquire a town centre development site with an existing income of €75,000 pa with immediate potential to increase to over €150,000 pa. The site would suit a range of potential development options (subject to P.P.).

Tenancy Schedule:
Available on Request.

ZONING
Under the Wicklow County Development Plan 2016 – 2022 the property is zoned objective ‘TC’ – Town Centre.

BER
Available upon request

Details

  • For Sale €2,700,000
  • Area is .87 ha.
  • Land/Development

Features

Highlight 1
Significant redevelopment opportunity in Ashford village, Co. Wicklow (Subject to P.P.).

Highlight 2
Existing planning in place for 8 residential units at the rear of the site

Highlight 3
Immediate scope to increase revenue in excess of €150,000 p.a. by letting vacant commercial space and public house.


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Senior Surveyor PSP Licence No: 002885-002887

Bryan joined Kelly Walsh as a Senior Surveyor in 2014. He is a qualified Chartered Surveyor and Registered Valuer.

He has over twelve years’ experience in the Irish Property Industry specialising in General Agency and Property Management. During his career to date Bryan has held positions in the Private Residential Tenancy Board, Wyse Property Management and McNally Handy.

Bryan has extensive experience in valuing all asset classes.

Bryan holds a Bachelor of Science in Auctioneering, Valuations and Estate Agency and a Bachelor of Science Honours Degree in Property Studies, both from Bolton Street. He is a member of the Society of Chartered Surveyors Ireland and the Royal Institution of Chartered Surveyors.