Development opportunity in the heart of Wicklow Town
GVA Donal O Buachalla are seeking offers in excess of €850,000 for a mixed use development / refurbishment opportunity in the heart of Wicklow town centre. The site benefits from excellent profile onto Wicklow's High Street and extends to c.24 hectares (0.59 acres) to include: The Bayview hotel, An Stra Nua bar, two adjoining retail units, a car park and site to the rear along with four terraced houses. The bar is to be sold with the benefit of a declaratory order, entitling the purchaser to apply through court to renew the bar licence (subject to conditions therein).
There was previously planning permission for a mixed use retail and residential scheme totalling 4,738 square metres and 48 car parking spaces which possibly could be renewed or amended. Alternatively, a purchaser may opt to refurbish the buildings, restoring the commercial element, renewing the bar licence and selling the houses on an individual basis.
The agent commented 'Wicklow town is the administrative centre of Wicklow and is a busy coastal town benefiting from a commercial port. The town witnessed some expansion during the boom years but by no means was overdeveloped like similar towns of its size'. This presents a good opportunity to provide a modern mixed use scheme in the heart of the town.
000 850, €