Site Of The Former "Oak Tavern", Ferrycarrig, Wexford Town, Wexford

€195,000

Beds
Price	€195,000
Property Type	Development Land
Size	meters²
Energy Rating	BER-
Refreshed on	Jul 11, 2024
Eircode
Group Name	Kehoe & Associates
Sales License Number	002141

Description

This is an outstanding opportunity to purchase the unique waterfront site with FPP for redevelopment. Situated on the site of the former “Oak Tavern” just outside of Wexford Town in a high-profile location. There is full planning permission for a two-storey over basement development comprising bar, lounge, restaurant etc. This extended planning permission was originally granted under planning reference number 20150540. LOCATION: The subject site is located adjacent to the Ferrycarrig Bridge, overlooking the River Slaney. This is a prominent, high-profile location at the junction between the N11 and the regional road R730. This location is approximately 5 minutes’ drive from Wexford Town Centre. It is within walking distance of the Ferrycarrig Hotel and the Irish National Heritage Park. Situated on the main route to Dublin from Rosslare Europort this site benefits from high volume of passing vehicular traffic. It is most convenient to all amenities at Wexford Town Centre. Wexford is the County Town with an urban population in the region of 20,000 people - (Source: CSO Census 2016). The preliminary results of Census 2022 show that County Wexford’s population has seen a rise of 9.2% since 2016. At the time of the last census County Wexford recorded a population of 149,425. The Central Statistics Office (CSO) has revealed that Wexford has seen a rise to 163,527 or 9.2%. This increase was slightly above the national increase of 7.6%, with Ireland recording a population of 5.1 million as of April 3, 2022. Wexford has become an increasingly popular location to live, as people seek to escape the crowded capital, and this has combined with an increasing trend towards working from home. Wexford saw one of the highest levels of inward migration since 2016, with 9,487 people opting to move here. It was by far the highest in the south-east, with Waterford gaining 7,564, Carlow 2,807 and Kilkenny 1,756. In fact, Wexford saw the fifth highest number for estimated net migration in Ireland. (Source: CSO Census 2022) DESCRIPTION: The planning permission was originally granted under the planning reference number 20150540. This planning permission was subsequently extended. There is permission granted for the construction of a substantial replacement of the former “Oak Tavern” building. The total proposed development extends to circa. 730.92 sq. m / 7,868 sq. ft. Comprises a two-storey over basement commercial building. This unique waterfront site extends to approximately 0.111 hectares. It is directly fronting the River Slaney with breathtaking water views.

Description