**SOLD**  Lisney Commercial Dublin: Well-located agricultural holding with approx. 49.8 Ha. (123 acres) of land of which 30.4 Ha. (75 acres) are currently zoned for development.

Agricultural Property Location: Old Dublin Road, Blackstoops, Enniscorthy, Wexford, Co. Wexford

This is a well-located agricultural holding with approx. 49.8 Ha. (123 acres) of land of which 30.4 Ha. (75 acres) are currently zoned for development. This is a most attractive situation only 1.8km from the town centre and overlooking the River Slaney to which there is 1.6km of river frontage. The lands in sale are accessed via a freehold laneway which also provides access to the owner of an adjoining bungalow (not in sale). These are generally good quality arable lands and provide both tillage and mixed pasture. They are undulating in nature and slope down towards the River Slaney.

There are smaller areas of forestry which we understand do not provide any financial return. While the majority of the lands are fertile and are well maintained, the low-lying areas of land along the River Slaney are vulnerable to flooding and more suited to summer pasture. The lands will be of interest to farmers, developers, and investors for its medium to long term future development potential (subject to continuing zoning and planning permission).

Planning

Approximately 73 acres of the subject lands are zoned for mixed use development under the Enniscorthy Town and Environs Development Plan 2008-2014 which was extended and has effect until a new County Development Plan is adopted. An additional area of approx. 1.9 acres is currently zoned residential under the outgoing development plan and has frontage to the Avondale Estate. We understand a new Wexford County Development Plan will be on public display in 2021. Please note that any intending purchasers should make their own enquiries with the Wexford County Council Planning Department in this regard.

Tender Procedure

The property is for sale by tender.

The latest date for receipt of tenders is 12 noon on Tuesday 16th February 2021.

Details of the tender process is available in the data site. All details relating to the tender procedure, the title information, the life interest, and current farming lease are available in the data site that has been arranged for the sale. Genuinely interested parties and their solicitors, who intend to bid on the property, can arrange to access the data site through the sole selling agents Lisney. The acceptance of the terms and conditions of a non-disclosure agreement will be required to enable data site access.The vendors are not obliged to accept the highest or any tender received.

Title

Mainly freehold. The lands in sale are accessed via a freehold laneway which forms part of the title of the property. There is a registered right of way access to the lands in sale to the east for access from the Old Dublin Road across two separate land ownerships including the Mart. In addition, a future right of way to the west has been agreed with the adjoining land owner and which will be registered in due course. There is a life interest over part of the lands. The entire of the lands in sale is subject to a farming lease dated 2nd January 2018 for a term of 7 years.

Key Features:

Latest date for receipt of tenders is 12 Noon on Tuesday 16th February 2021.

– Very well-situated agricultural holding and potential development opportunity currently in mixed arable and grassland use and adjoining existing residential and commercial development.

– Located 1.8km from the town centre with 30.4 Ha. (75 acres) zoned for development (Wexford County Council Development Plan due for review).

– Situated overlooking the River Slaney with 1.6km of superb river frontage.

– Main road vehicular access via own private laneway also with access Rights-of-Way over adjoining lands to both east and west.

– Freehold title with part subject to a life interest and entire currently let on a farming lease.

Locality

Enniscorthy is a busy market town and the second largest settlement in Co. Wexford with a population of 11,381 people (2016 Census) in the town and environs. The town is located on the banks of the River Slaney approximately 24 kilometres north west of Wexford Town, 122 kilometres South of Dublin. Enniscorthy is on the Dublin-Rosslare line and motorway accessibility and traffic within the town has benefitted greatly from the opening in 2019 of the Enniscorthy M11 by-pass.

Local tourist attractions include Vinegar Hill, the National 1798 Visitor Centre, Enniscorthy Castle Museum, Enniscorthy Farmers Market, Dunamore Woods, Ballykeele Gardens, Kiltrea Bridge Pottery and Tombrick Gardens. Commerce in the town comprises retail and services with Dunnes Stores, Supervalu, restaurants, pubs and cafes.

The area around the property in sale is suburban in character with one-off residential houses and guest houses situated along the Old Dublin Road, as well as a mixture of commercial and industrial uses to include Enniscorthy Mart, a garden centre, agricultural supplies, equipment hire outlet, machinery sales, petrol service station and other businesses. Situated close by off the Blackstoops roundabout there is Donohoe motors showrooms and farm machinery sales as well as Datapac offices and a planning application is in process for a new Primary Care Centre.