Substantial H.Q. Facility, Seatown,Swords,Co. Dublin

POA

Beds
Price	POA
Property Type	Development Land
Size	meters²
Energy Rating	BER-
Refreshed on	May 20, 2024
Eircode	K67 X903
Group Name	Knight Frank
Sales License Number	001266

Description

• Superb HQ Facility situated in Seatown, Swords, Co. Dublin. • Approx. 201,868 sq.ft GIA of well maintained, quality office accommodation. • Situated on an extensive site of approx. 16 acres with approx. 447 surface car spaces. • The entire site is zoned Objective MRE Metro and Rail Economic Corridor. • The Seatown Stop on the proposed MetroLink is to be positioned on the western element of the site. The facility was established in 1996 when the first building was constructed on site. The facility expanded again in 2002 with a substantial extension to the existing buildings. The entire facility now provides approx. 201,868 sq.ft GIA of well maintained, quality office accommodation over 2 floors in 2 interconnected buildings together with approx. 447 surface car spaces. The facility is situated on an extensive site of approx. 16 acres which benefits from 3 vehicular access points making it easily sub-divisible. The entire is held under a 999 year leasehold interest from the IDA. Part of the First Floor together with 70 car spaces are let for a 10 year term from November 2018 providing immediate short term income. The property is situated less than a 500 metre walk from the main street in Swords Village providing easy access to a wide range of restaurants, cafes and shops. Furthermore, Dublin Airport is within 4km of the site while the M1 Motorway is within 2km via Junction 4. The Seatown Stop on the proposed MetroLink is to be positioned on the western element of the site which would greatly enhance the public transport offering of the site. In this regard, a section of the site is proposed to be permanently acquired to facilitate the construction of the stop. An additional area is to be required on a temporary basis during construction. A Railway Order has been submitted to An Bord Pleanála in this regard. The property also falls under the Fingal Development Plan 2023 – 2029. Under the Plan, the entire site is zoned Objective MRE Metro and Rail Economic Corridor. The Objective of this zoning is to ‘Facilitate opportunities for high-density mixed-use employment generating activity and commercial development and support the provision of an appropriate quantum of residential development within the Metro and Rail Economic Corridor’. Some of the uses Permitted in Principle include: Office, Residential, Retail, Education, Hotel, Conference Centre, Health Centre and Hospital. The existing high quality office building is well maintained and allows an incoming purchaser scope to utilise the vacant space to secure income in the short term. Furthermore, given the proposed Seatown Stop and the MRE zoning of the site, there is scope for a medium term redevelopment to provide an appropriately designed, mixed-use scheme of scale subject to achieving the necessary consents. Further information can be obtained from Evan Lonergan or Finín O’Driscoll. Registrations for the Dataroom for the sale can be made at www.seatown-swords.com BER: B3

Negotiator Details

Finín O'Driscoll

Description

Negotiator Details

Finín O'Driscoll