McKee Avenue, Finglas, Dublin 11

Location

This exceptional property is located to the west of McKee Avenue in the heart of Finglas village, approximately 50 metres north of it’s junction with Seamus Ennis Road and Jamestown Road.

Finglas is situated approximately 7km north east of Dublin city centre and has a population of approximately 20,600 (Census of Population: 2006). This fi gure has grown dramatically in the past number of years and it is estimated that a further 30,000 people live in the north Dublin / south Fingal fringe.

Notable adjoining occupiers include Superquinn, Molloy’s Liquor Store and Euro Petrol
Station.

Description

• Site is Zoned District Centre
• Two  Storey Retail Building
• Prime Location Adjacent SuperQuinn
• Gross Internal Floor Area 656.45 sq.m

This site is regular in shape and comprises an area of approximately 0.19 hectares (0.47 acres) with  approximately 27 metres road frontage onto McKee Avenue.

There is currently a two  storey building comprising an area of approximately 656.4 sq m (gross internal floor area) on the site.

Lease

Title: We understand the property is held under two separate leases:

a) Lease commencing 29th September 1964 for a term of 1,000 years subject to a yearly rent of €100.

b) Lease commencing 29th September 1965 for a term of 999 years subject to a yearly rent of €250.

We understand mains services, including water, drainage, electricity and telephone are available to the property. Potential bidders must satisfy themselves as to the availability of services

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Planning

The property is located within an area zoned objective ‘Z4’ (District Centre), which is ‘to provide
for and improve mixed service facilities’ in the Dublin City Development Plan 2011 - 2017.

Uses permitted in principle include: betting offi ce, childcare facility, hostel, hotel, public
house, residential, restuarant, shop (district), shop (neighbourhood), take-away. Uses open for consideration: factory shop, fi nancial institution, night club, shop (majorcompensation).

This property offers an exceptional opportunity to generate income in the short - medium term. The property offers potential fo develop a mixed-use scheme to incorporate both retail and residential, subject to the necessary planning consent. The Finglas area has experiened signifi cant rental and capital appreciation in the past number of years.

AGENTS: CBRE, Tel: 01 618 5500 Attn: Wesley Rothwell / Sean Fox.

SOLICITORS: Arthur Cox, Tel: 01 618 0000 Attn: Simon Hannigan.