Details
Viewings
Property Summary
  • A leisure investment.
  • Comprising a horse racing track, golf driving range, clubhouse, office premises and storage facilities.
  • Extending to approximately 9.7 hectares (24 acres).
  • Significant development potential (subject to obtaining all necessary consents).
  • Let to individulas t/a Portmarnock Raceway.
  • Current rent reserved €30,000 per annum.
Location
  • Portmarnock is an affluent north Dublin City suburb with a population of approximately 9,400 (as of the Census 2016).
  • The area is situated approximately 20km north east of Dublin city centre and and approximately 10km east of Dublin Airport.
  • The area is served by the R106 providing access to Dublin city centre and the M50 motorway is accessible via Junction 2. Public transport is provided by the Dart and a number of Dublin bus routes.
  • The property is situated on the eastern side of the R124 roadway close to its junction with Station Road.
  • Surrounding occupiers include Malahide Golf Club and Kinsealy Grange Golf Academy and Driving Range.
Description

The property is comprised within Folios DN2592 and DN11318F, which are arranged to provide a plot of land. In total the property comprises as follows:

  • Land extending to approximately 9.7 hectares (24 acres).
  • Horse racing track
  • Golf driving range
  • Clubhouse, office premises and storage facilities
Tenancy

The entire property is at present let to individulas t/a Portmarnock Raceway for a term of 5 years and 3 months from 03.09.2014 at a contractual rent of €30,000 per annum, exclusive of rates and VAT.

Zoning

Under the Fingal Development Plan 2017 - 2023 the land is zoned "GB" - Conservation, amenity or buffer space, corridor/belt, landscape."

VAT
Please refer to the legal documents.
BER No.

800615023

Energy Performance Indicator

2116.03 kWh/m²/yr 3.01



No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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GUIDE PRICE €550,000

End date
28/02/2018 10:15:00
Bidding deposit required
€10,000
Bid History 0
Bidder Amount Date
Viewings & Registration Enquiries
BidX1 Support Team
info@bidx1.com
+353 (0)1 667 3388
Useful links
Property Enquiries
Anna-Kate Fields
anna-kate.fields@bidx1.com
+353 (0)1 667 3388
Vendor Solicitor
Gerry Gallen
g.gallen@beauchamps.ie

Messrs Beauchamps Solicitors

Tel: +353 (0)1 418 0600.

Enquire