Circle K, Donnybrook, Dublin 4


NEW!
For Sale POA
BER B3

Description

Location

The assets are located directly opposite Donnybrook Stadium on a pivotal corner site on the west side of Donnybrook Road in Dublin 4. Donnybrook Village is positioned 280 metres north of the subject site with the villages of Sandymount, Ballsbridge, Milltown and Clonskeagh all within the immediate area.

Donnybrook is an affluent village located just 2.5 kilometres from the south city centre with Grafton Street, St. Stephens Green and the Royal College of Surgeons all within walking distance.

University College Dublin is situated just 3 kilometres north of the subject site. Cairn Homes expect to deliver over 500 units on the former RTE Studios site at Montrose which was acquired in 2017.

The site is situated 500 metres north of the subject property and demonstrates the demand for prime sites in central locations with a proven track record in achieving strong sales results.

The area is well served by public transport with the DART accessible at either Sandymount or Sydney Parade each just over 1.5 kilometres distance away. There is a QBC on Donnybrook Road with numerous bus routes providing access into the city centre and surrounding areas. The Luas green line serves Beechwood Avenue in Ranelagh located only 2 kilometres west of Donnybrook Road.

Description

The Circle K asset comprises of a petrol filling station with covered forecourt and associated convenience store operating as Circle K (previously Topaz) which is located at the northern end of the site.

The asset holds a prominent pitch in the heart of Donnybrook with dual profile onto Donnybrook Road and Brookvale Road which connects onto Eglington Road at its northern end. The service station has the benefit of approximately 50 metres of frontage directly onto Donnybrook Road, an exceptionally busy thoroughfare connecting the N11 to the south city centre. The petrol filling station sits on an irregular shaped site of approximately 0.26 acres (0.11 Ha).

A second commercial unit located immediately south of the garage forecourt extending to approximately 354 sq.m. (3,810 sq.ft.) is included as part of the sale. The unit is currently in use as a car servicing centre and forms part of a wider group of buildings occupied by the same company. The property offers an exceptional opportunity to acquire a trophy investment in the heart of Donnybrook with excellent medium term development potential (subject to p.p.).

Details

  • For Sale POA
  • Area is 0.14 ha.
  • Commercial Investment

Features

Highlight 1
Prime Commercial Investment Opportunity with Significant Medium Term Redevelopment Potential

Highlight 2
Circle K offers excellent reversionary potential upon review in May 2019.

Highlight 3
Significant development potential (subject to P.P.).


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Director PSP Licence No: 002885-003783

Garvan is a Director and founder member of Kelly Walsh Property Advisors and Agents which began trading in 2003. Garvan has over twenty years’ experience in the Commercial and Residential Property Market in Ireland, since graduating with a Bachelor of Science Honours Degree in Surveying from Bolton Street.

He joined DTZ Sherry Fitzgerald in 1994 where he worked in the Investment and then the Industrial Agency Divisions. Garvan then set up the Development Land Department in CBRE in 1997 and within 3 years was seen as a market leader.

In April 2003 Garvan set up Kelly Walsh Property Advisors & Agents with Jeremy Kelly. During its short history the company has enjoyed exceptional success across the Commercial, Development Land and Residential Homes sectors. They advise all the major lending institutions on commercial property and development land.

Garvan has extensive experience in valuing all asset classes, specialising in development land, and was heavily involved in the NAMA Valuation process.