Overview

Unique town centre refurbishment / redevelopment opportunity in prominent town centre location.

Comprises 4 adjoining residential / commercial buildings (39a-45), totalling 435.67 sq.m. on a site area of 0.1 hectares (0.248 acres) fronting Connaught Street.

Zoned 'mixed use' in the current Athlone Development Plan 2014-2020 (as extended). Suitable for a variety of uses in an area designated for Urban Regeneration.

Description: The property comprises 4 adjoining residential / commercial buildings on the north side of Connaught Street. The units are a mix of two-storey and three-storey buildings, which have been subdivided to comprise 39, 39a, 41, 43, 43a, 45 and 45a. The properties measure a total floor area of 435.67 sq.m. (4,690 sq.ft.)*, on a site area of approx. 0.1 hectares (0.248 acres). *Measurements displayed include only the ground floor of building no. 45, as upper floors were not accessible.

Location: The property is located on the western side of Athlone Town, fronting onto Connaught Street. Located in an area which historically would have been a main retail and residential thoroughfare. The properties are located in an area identified for future regeneration and development and large scale infrastructure investment. In close proximity to the subject property is a mixture of office (OPW Offices), retail (Left Bank Mall) and Residential uses (Bastion Court Residential Complex).

Zoning: The property is zoned 'mixed use' in the current Athlone Development Plan 2014-2020 (as extended). This zoning objective is to protect and strengthen the vitality and viability of town centres, through consolidating development, encouraging a mix of uses and maximising the use of land, to ensure the efficient use of infrastructure and services.

Protected Structure: Building No. 45 is a 'Protected Structure' (NIAH No. 15000058).

Development Potential: The property offers both a refurbishment opportunity in respect of the existing buildings on site and an opportunity for development / new build at the rear.

BER: Exempt - C3