The Leinster Property Auction in partnership with Quantum Property Consultants
Offered at bids over €1,200,000
We present to the market an assignment that includes 16 acres (6.46 ha) of land with full planning permission for a large mixed use scheme of residential houses, commercial units and a nursing home located at Balfeddock, Drogheda Road, Termonfeckin, Co. Louth.
The scheme provides for 144 dwellings - 131 houses, 13 duplex apartments and commercial units as scheduled below.
40 Four bedroom 2-3 storey detached, semi-detached and terraced houses; 63 three-bedroom 2 storey semi-detached and terraced houses; 28 two-bedroom 1-2 storey semi-detached and terraced houses; a 246 Sq. M. single storey crèche; a 57 bed (2688 Sq. M.) 2 storey over part basement nursing home; a 782 Sq. M. community hall; a 854 Sq. M. 2-storey pub-restaurant; 6 (69 Sq. M.) workshop-live units with 6 three-bedroom duplex units over; a 1073 Sq. M. supermarket with 5 two-bedroom and two three bedroom duplex units over; 504 Sq. M. of ground floor retail space with 1059 Sq. M. of office space on two levels.
Three vehicular accesses from the R166 Drogheda Road and all associated car parking, landscaping, boundary treatments and infrastructural site works, including a new well, on a site extending to 6.46 ha(16acres) east of the R166 Drogheda Road.
Title/Planning
Title is freehold. The land was zoned Strategic Reserve under the 2015-2021 Draft Louth County Development Plan. The planning reference is 06/265; 12/24, and Bord Pleanala PL15.220464 and permission is due to expire on 15 April 2017. It is reasonable to assume that alternative planning would be sought by the council and conducive to the overall scheme.
Location
Termonfeckin is a small village and townland in County Louth, Ireland. It is within the parish of the same name, and lies 8 km (5.0 mi) north-east of Drogheda. The population of the village was 1,443 as per the 2011 census.
Transport
Bus Éireann route 189 serves Termonfeckin several times a day linking it to Drogheda, Duleek, Ashbourne and Clogherhead. Most buses operate via Baltray though a few go via Grangebellew and Ballymakenny. Drogheda railway station is approximately 9 kilometres distant. Dublin is approximately 60km away and is accessed via the M1 Motorway. Travelling time is approximately 1 hour.
Leisure
There are two links courses in the area. Seapoint Golf Club is located in Termonfeckin, and Co Louth Golf Club is located in Baltray. (The latter hosted the Irish Open in 2004 and 2009.) As Termonfeckin is located on the coast it boasts a host of marine leisure activities including sailing, wind sailing, canoeing and much more.
TO VIEW OR MAKE A BID - Please contact Quantum Property Consultants on 01 4419995 or visit www.leinsterpropertyauction.ie
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
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A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.
A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).
The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.
Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.
Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.
For further information or to speak to one of our team, please call 01 244 0000.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
