C. 5 Acre Site, Old Molloy Factory, Cleaboy Road, Waterford

€895,000

Beds
Price	€895,000
Property Type	Development Land
Size	0 meters²
Energy Rating	BER-Exempt
Refreshed on	Jan 12, 2024
Eircode

Description

Executive Summary • Superb development opportunity located in Waterford City (F.P.P) Seven Office/ Light Industrial Units • The site extend to approx. 4.18Ac zoned light Industry / High Technology/ Manufacturing Campus Development. • A proposed office park ancillary to the I.D.A. Waterford Industrial Estate with stand-alone buildings to provide for science and technology-based industry and specialist office-based industry (business and technology enterprises) • Opportunity to deliver a truly contemporary designed scheme that will offer 7 Office/Light Industrial units. • Highly accessible location approx. 2.6 km west of Waterford City, in a proven location with multiple successful operators located in Waterford Industrial Park Location The subject property is located beside the IDA Industrial Estate Waterford, which is accessed off Cork Road. The site is located specifically at the Cleaboy Roundabout; the site provides access to Waterford City Centre. The IDA Industrial Estate is located beside the site, with other notable occupiers in the area including Waterford Institute of Technology, close to the Whitfield Clinic and east of Waterford Retail Park. There are a number of established industrial and business locations in the immediate area including Westside Business Park and Cleaboy Business Park. As well as circumnavigating Waterford city, the Outer Ring Road also links the N25/N11, providing onward access to Dublin and Wexford to the northeast and east, respectively and Cork to the west. Other occupiers in the industrial park include Nypro Healthcare, WorkLAB, Honeywell International Technologies Limited, Keltech, Waterford Enterprise Centre, Teva, Bausch & Lomb Ireland and Sanofi to name a few. The site has good access to National Road networks, including N25 only 3.6km from the site; these links to Cork and the winder South East will benefit any future occupier. Public Transport is accessible by the W5 bus located opposite the site. Description The subject site is situated on approx. 4.18 Ac (1.69 Ha) a brownfield site and concrete from the former Molloy's Factory. The site is of irregular shape but consists of flat lands, with minimal site clearance works for development. A number of mature trees outlining a well-defined boundary for the site. The site is of irregular shape and fronts onto Claeyboy Roundabout, of mostly flat topography with a well-defined boundary line. The site has several light industrial employers in the area which compliments the planning permission currently on site. The site plans include all associated site works, including provision of car parking, signage, vehicular and pedestrian access off the Cleaboy Road and ancillary road improvements to facilitate left turn egress and access, internal access roads and footpaths/walkways, foul and surface drainage connections. Zoning Under the Waterford City Development Plan 2023 2028. The subject site is zoned, Light Industry/ High Technology/ Manufacturing Campus Development . “Provide for light industry, general enterprise, business development, office, research and development and high technology/ high technology manufacturing type employment in a high quality built and landscaped environment.” as per the Waterford City Development Plan 2023 2028. All lands zoned for Light Industry/ High Technology/ Manufacturing Campus Development are considered to be developable during the lifetime of the Development Plan 2023 2028. Permitted Scheme The site has full planning permission for 7 Office/Light Industrial units under WCC planning ref: 18814 Please see details below: a proposed office park ancillary to the I.D.A. Waterford Industrial Estate with 7 number stand-alone buildings to provide for science and technology-based industry and specialist office-based industry (business and technology enterprises) comprising of the following: Block A 4 storey stand-alone pitched roof office building with overall internal area of 1715sqm. Block B 4 storey stand-alone pitched roof office building with overall internal area of 1715sqm. Block C 3 and 4 storey stand-alone pitched roof office building with overall internal area of 1432sqm. Block D 3 and 4 storey stand-alone pitched roof office building with overall internal area of 1432sqm. Block E 4 storey stand-alone pitched roof office building with overall internal area of 1715sqm. Block F single storey ancillary Coffee Shop pitched roof building with overall internal area of 102sqm. Block G Single storey Management Suite pitched roof building with overall internal area of 122 sqm Together with all associated site works, to include provision of car parking, signage, vehicular and pedestrian access off the Cleaboy Road and ancillary road improvements to facilitate left turn egress and access, internal access roads and footpaths/walkways, foul and surface drainage connections. Method of Sale The subject site is being offered for sale by Private Treaty. Title It is understood that the property is held in freehold. Services Interested parties are advised to satisfy themselves on the availability and adequacy of all services.

Accommodation

BER Details

Exempt

Negotiator

John Rohan

Description

Accommodation

BER Details

Exempt

Negotiator