€19m for ready-to-go business park site

A 52-acre site on the outskirts of Castlebellingham, Co Louth is on the market for €19 million.

A 52-acre site on the outskirts of Castlebellingham, Co Louth is on the market for €19 million.

Zoned industrial with full planning permission for a scheme of 35,100sq m (377,813sq ft), the property is accessed from Station Road which links Castlebellingham with the motorway and is due for significant improvement over the coming years.

The joint agents are Lisney and Owen Roe O'Neill. An irregularly shaped landholding around 2kms east of the M1 at Junction 15, it has full planning permission for a business park.

The property is situated in an area that is zoned "to protect and to provide for new mixed-use zones to include industrial/light industrial/workshops, enterprise and business use subject to a site master plan". This designation is set down under the Castlebellingham/Kilsaran Local Area Plan 2002 - 2008.

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Lisney reckons there is potential to influence the zoning when a review of this plan takes place shortly. The site is 15kms south of Dundalk, around 25kms north of Drogheda and will be around 40kms from the planned Bremore Port, where Dublin Port may eventually relocate.