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For Sale

30 Rathfriland Road, Banbridge,

Louth, Co. Louth, BT32 4LN
12.30 Acres
Industrial Property

Property Overview

Property Overview
The overall site on which the main buildings are located totals an area of circa 12.3 acres (4.98 ha), while the agricultural site to the south-east is approximately 4.2 acres (1.70 ha), giving a total site area in the region of 16.5 acres (6.68 ha).

The boundary of the main Lakeland Dairies site is well defined chain link fencing, hedges and mature trees.

The buildings on site are predominantly made up of quality warehouse accommodation with eaves ranging from 6-9 metres and loading bays or electric roller shutter doors throughout. The total Gross Internal Area of the buildings on site is approximately 211,962 sq ft (19,691.90 sq m).

While these buildings have been used as dry stores and cold stores supporting the previous dairy operations, they could be immediately utilised by a range of end users with little to no reconfiguration or capital expenditure.

The remainder of the buildings, while more specialised to the dairy industry, could be reconfigured or redeveloped to suit the needs of numerous operators.

There is an additional 4.2 acre (1.70 ha) agricultural site to the south-east, which can be accessed from the main site via a tunnel under the A1 dual carriageway. There may be scope for residential development, or additional warehousing, subject to the necessary planning consents

PLANNING
Under the Banbridge / Newry and Mourne Area Plan 2015, the main dairy site at 30 Rathfriland Road is denoted as an
“Existing Area of Economic Development” and is located within the Settlement Development Limit of Banbridge.  The agricultural site on the opposite side of the A1 dual carriageway is denoted as “Local Landscape Policy Area” and is outside the Settlement Development Limit of Banbridge, however is immediately adjacent to the boundary.

RATES PAYABLE
NAV: £392,700
Rates Poundage 2024/25: 0.589553
Rates Payable: £231,517.46

TITLE
We understand the property is owned by way of a freehold or long leasehold title. Further detail is available via the data room
or the vendor’s solicitor.

VAT
All prices, outgoings and rentals are exclusive of, but may be liable to VAT.

DATA ROOM
A data room is available which provides additional
documentation for review. Access can be granted on return of a
signed Non Disclosure Agreement.

 

Property Overview The overall site on which the main buildings are located totals an area of circa 12.3 acres (4.98 ha), while the agricultural site to the south-east is approximately 4.2 acres (1.70 ha), giving a total site area in the region of 16.5 acres (6.68 ha). The boundary of the main Lakeland

  • Strategic location on the A1 dual carriageway, a principal transport corridor between Belfast (25 miles/ 40 km) and Dublin (78 miles/ 126 km)
  • Secure self-contained site and associated buildings of c. 12.3 acres (4.98 ha)
  • Site coverage of under 45% with significant hardstanding available for car parking or further development
  • Additional site of 4.2 acres (1.70 ha) with potential residential development potential (STPP)

Accommodation

BER: D

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