On the instruction of Wolseley UK, Savills are bringing to the market a development opportunity in Garrankesh, Athlone, Co. Westmeath. The subject property comprises a well-located greenfield site extending to approximately 2.02 hectares (5 acres).
On the instruction of Wolseley UK, Savills are bringing to the market a development opportunity in Garrankesh, Athlone, Co. Westmeath. The subject property comprises a well-located greenfield site extending to approximately 2.02 hectares (5 acres).
The property was previously on the market in 2006 with a guide price of €5 m and while a sale was agreed at this time it failed to proceed to contract. Mark Reynolds of Savills has confirmed that the guide price now is €1.25 million, which represents a reduction of 75%.
The property occupies a high profile position in an established commercial area, close to the very successful Blyry Business and Commercial Park. The property also has the benefit of approximately 100m road frontage and enjoys easy access to Athlone Town Centre, the N6 Athlone bypass (Galway – Dublin) and the mainline Galway – Dublin intercity train route.
The property is currently zoned “Enterprise and Employment” in the Westmeath Development Plan 2008 – 2014.
This zoning objective provides for an enhanced mix of potential uses such as Warehousing, Commercial, Enterprise and Ancillary Services subject to planning consent.
For further information please contact: Bryan Garry, Savills, Tel: 01 6181342,E: bryan.garry@savills.ie