FOR SALE BY ONLINE AUCTION VIA YOUBID.IE ON THURSDAY, 26TH OCTOBER 2023.

Circa 2.80 hectares (6.92 acres) Development Lands for Sale In One or More Lots

Lot 1 - The Entire (Site A, Site B, & Site C)
Lot 1A - SITE A, circa 1.65 hectares (4.08 acres)
Lot 1B - SITE B, circa 0.63 hectares (1.56 acres)
Lot 1C - SITE C, circa 0.52 hectares (1.28 acres)

For further information in relation to the auction and to access the legal documentation pertaining to this sale please visit www.youbid.ie.

The lands comprises three irregular shaped holdings situated to the rear of Ashdown Student Village and Alandale Orchard benefiting from dual access from the Dock Road.

Total site area extending to approximately 2.80 hectares (6.92 acres).
- Site A comprises circa 4.08 Acres
- Site B comprises circa 1.56 Acres
- Site C comprises circa 1.28 Acres

The lands are situated just off Courtbrack Avenue, South Circular Road, Limerick. The subject parcel of lands are situated to the rear of Ashdown Student Village and Alandale Orchard. The South Circular Road is one of Limerick`s most sought-after locations due to its close proximity to Limerick City Centre and an abundance of amenities including both primary and secondary schools, Mary Immaculate College, pubs, cafes and The Crescent Shopping Centre and its accessibility onto the Dock Road which connects Limerick with Cork, Dublin & Galway via the Southern Ring Road and Limerick Tunnel.

The surrounding area is predominantly residential with additional purpose-built student accommodation. There is also commercial use in the area with Ashdown Shopping Centre and offices within close proximity to the lands.

PLANNING
A Planning application under reference 21/1833 for a proposed development on SITE B of: (1) the construction of two separate buildings consisting of; (a) `Block A`- 5 storey structure providing (i) 156 no. student bedspaces in 20 no. apartments, with each apartment consisting of a `common room` kitchen/living area; and (ii) communal laundry facility and reception area at ground floor serving the proposed student housing complex; (b) `Block B`- 2 storey structure over basement providing (i) 40 no. student bedspaces in 8no. apartments with each apartment consisting of `common room` kitchen/living area; (ii) water storage tank, sprinkler (fire water) storage, heating and generator plant infrastructure situated at basement level; and (iii) roof mounted building service infrastructure; (2) surface carparking including dedicated disabled bays and electric vehicle charge points, and covered and uncovered bicycle parking; (3) (a) Connection to public water supply in the public road, and connection to foulwater and surface water networks which traverses the site and; (b) on-site surface water management including attenuation tanks, hydro brake and petrol interceptor; (4) modification of existing vehicular access from the existing public link road to facilitate vehicular and pedestrian access/egress to that link road, and associated vehicular signage as necessary; (5) Provision of second pedestrian entrance onto Ashdown situated on the southern boundary of the site, (6) electrical unit substation; (7) landscaping including modification of ground levels and associated planting; (8) public lighting and associated infrastructure; and (9) all associated site development works.
This application was refused on 25.02.2022.
An appeal was submitted to An Board Pleanála on 20.04.2022 (BP Reference ABP-313096-22). Decision is currently pending.

Zoning: Under the Limerick Development Plan 2022 – 2028 the lands are zoned Enterprise & Employment.

VAT
Please refer to the legal documents.

BER Exempt

Please note the eircode provided is for guidance/directional purposes only.

NOTE: Please note if Lot 1 THE ENTIRE (Site A, Site B & Site C) is sold in One Lot the individual sites will not be available to purchase and will be withdrawn from the auction.