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Newry City is to the south-easterly part of Northern Ireland and occupies a gateway position on the Belfast to Dublin transport corridor.
Considerable investment in the road infrastructure now facilitates full motorway access to the north of Dublin being just 62 miles to the M50 ring road, with an estimated travel time of 56 minutes.
The improved communications network has also improved connectivity with Belfast City Centre some 39 miles to the north with an estimated travel time of 42 minutes.
Belfast International Airport is 50 miles to the north and Dublin airport is 59 miles to the south.
Newry Train Station, which provides frequent services to both Belfast and Dublin Connolly, is 1.5 miles to the north of Chancellors Road junction with the A1.
Warrenpoint Harbour is Northern Ireland’s second largest port and is located 8 miles to the south via the A2 dual carriageway with an estimated travel time of 16 minutes.
The lands are strategically located on the edge of Newry City, immediately adjacent to the A1 corridor between Belfast and Dublin with convenient access to the A1 dual carriageway via Dorans Hill junction just 0.8 miles to the south.
The property is bound to the east by the Belfast-Dublin main railway line and the A1 dual carriageway and to the west by Chancellors Road. The northern and southern boundaries are bound by green fields.
Newry City Centre is situated 1.5 miles to the east. The surrounding area has a mix of agricultural lands, residential properties and light industrial units.
The site forms part of NY69 in the Banbridge / Newry and Mourne Area Plan 2015; for further planning info, see below.
The property comprises approximately 22 acres (8.90 hectares) of land zoned for economic development, the boundary of which is illustrated in the above for indicative purposes only.
We understand that all services are in the vicinity of, and adjacent to, the subject lands. Further information on services can be provided upon request.
The subject property, consisting of 22 acres, forms part of zoning NY69. This zoning consists of 48 acres (19.46 hectares) of land at Chancellors Road, Newry which is identified for economic development within the Banbridge / Newry and Mourne Area Plan 2015 (see item 1 right).
Outline planning approval was granted on 30 January 2020 under application LA07/2019/0934/O for industrial units and an associated access road (see item 2 right).
Under the planning conditions, the application for approval of the reserved matters shall be made
to the Council within three years of the date on which the permission was granted (30/01/2020) and the development, hereby permitted, shall be begun by whichever is the later of the following dates: (1) the expiration of five years from the date of this permission or (2) the expiration of two years from the date of approval of the last of the reserved matters to be approved.
Approval was granted for both category B2 light industrial use and B4 storage or distribution use.
Further details on planning are available on request.
The property is held freehold.
We are advised that the subject property is not VAT registered and therefore VAT will not be chargeable in addition to the purchase price.
A successful bidder will be required to provide information to satisfy the AML requirements when Heads of Terms are agreed.
