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€9,900,000

The Hendrons Building, 36 & 40 Dominick Street Upper, Broadstone, Dublin 7

0.81 ac

Development Land

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 0.81 ac
A high profile landmark site located beside the LUAS line on a total site area of 0.3285 hectares (0.81 acres). Location The Hendron€TM Building is located to the north east of Dominick Street Upper, at the junction of Western way and Palmerstown Place. The subject property is conveniently located close to the Phibsborough Road, the Broadstone LUAS station, the TUI (Technical University Ireland) Grangegorman College Campus and King€TM Inn law society. The TUI Grangegorman College Campus will have 22,000 students and staff on site by 2022. The property is located less than 600 metres from Parnell Street and the Ilac Shopping Centre and less than 840 metres from O€TMonnell Street. There are a host of bus routes including the air coach serving the Phibsborough Road, Bolton Street, Parnell/ O€TMonnell Street as well as a LUAS station directly across the road from the property. Description The Hendron€TM Building comprises a total site area of 0.3285 hectares (0.81 acres). This is a high profile landmark site located beside the LUAS line. There is an existing 2 €" 4 storey industrial building on the site, which has a protected classical faé§ade facing Dominick Street. We understand that the rest of the buildings can be knocked SPP. The Hendrons Building was built in the 1940€TM and comprises approximately 4,645 sq m (50,000 sq ft). The building was originally used by the Hendron Brothers Electric Suppliers but is now fully vacant. There is potential to develop a landmark apartment block, student accommodation, or hotel on the site, subject to planning permission. Sales terms were previously agreed for a 330 bedroom student block however this application was amended. There was a recent planning application submitted for a 281 bedroom 4 to 9 storey co-living development, which was refused - Planning Ref: SHD0027/20. We understand that there could be potential to build 100 €" 120 apartment units on site subject to planning permission, reducing the height of the building and keeping the original Hendron€TM facade in place. An apartment block in this north city centre location may be of particular interest to a Build-To-Rent investor or an Approved Housing Body, as it has an excellent public transport network and is only a short walking distance from Parnell Street/O€TMonnell Street and Phibsborough. Town Planning LAND-USE ZONING OBJECTIVE Z3: To provide for and improve neighbourhood facilities.These are areas which provide local facilities such as small convenience shops, hairdressers, hardware etc. within a residential neighbourhood and range from the traditional parade of shops to neighbourhood centre. They can form a focal point for a neighbourhood and provide a limited range of services within approximately 5 minutes walking distance of the local population. Neighbourhood centres provide an essential and sustainable amenity for residential areas and it is important that they should be maintained and strengthened where necessary. Neighbourhood centres are the primary building block to achieving sustainable development. Neighbourhood centres may include an element of housing, particularly at higher densities, and above ground floor level. When opportunities arise, accessibility, particularly by public transport, walking and cycling, should be enhanced. ZONING OBJECTIVE Z3: Dublin City Development Plan 2016 0 2022 Permissible Uses: ATM, Bed and Breakfast, Betting office, Buildings for the health, safety and welfare of the public, Car park, Childcare facility, Community facility, Cultural/recreational building and uses, Education, Enterprise Centre, Garden Centre, Guest House, Home-based economic activity, Industry (light), Live Work Units, Medical and related consultants, Office (max 300 sq m), Open space, Part off-licence, Public service installation, Residential, Restaurant, Shop (neighbourhood), Training centre. Open for Consideration Uses: Advertisement and advertising structures, Civic and amenity/recycling centre, Embassy residential, Garage (motor repair/ service), Household fuel depot, Internet café, Media recording and general media associated uses, Office (max 600 sq m), Off-licence, Petrol station, Place of public worship, Public house, Takeaway, Veterinary surgery. Solicitors Fiona Murray, Fiona M Murray Solicitors, Camden Business Centre, 12 Camden Row, Dublin 8

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BER Details

SI_666

Statistics

14/10/2021

Entered/Renewed

424

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Daft ID: 56505556

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