Shannon Town Centre, Shannon, Co. Clare

INCREDIBLE COMMERCIAL/RESIDENTIAL DEVELOPMENT OPPORTUNITY

HIGH PROFILE TOWN CENTRE SITE WITH THREE ROAD FRONTAGES

Location

This pivotal development site is strategically located opposite Shannon Town Centre and Skycourt Shopping Centre in the heart of Shannon Town.

The site fronts 3 individual roads with a total road frontage of 610 mtrs. Shannon, is Clare's second largest town and is one of the major labour centres outside of Dublin City. With a population of over 10,000, Shannon also provides significant employment to the urban settlements of Limerick City and Ennis Town.

Today, Shannon Free Zone is home to more than 100 international and Irish companies (including Jaguar, Zimmer Biomet, Atlantic Aviation Group, Aer Cap, DHL etc.) employing over 8,000 highly skilled employees.

Shannon Town Centre is developed around an enclosed shopping mall known as Skycourt, which is anchored by Dunnes Stores, Lidl, DealzTM, Allied Irish Bank, Bank of Ireland and a number of other national concerns.

Shannon is one of IrelandTM newest towns built around Shannon International Airport and Shannon Free Zone/Shannon Industrial Estate from the 1940's.

Description

The site comprises an almost rectangular shaped leveled site, with extensive road frontage along its northern and southern boundaries, together with a return frontage to its west boundary.

In addition, the Shannon Town Centre Masterplan, which was published in January 2022 proposes the site as an Innovation Campus. The site extends to a total area of approximately 8.78 hectares (21.68 acres).

Town Planning

The relevant Development Plan for Shannon is Shannon Town & Environs Local Area Plan (2012-2018). Under this plan, the entire site is zoned "Town Centre".

In addition, the Shannon Town Centre Masterplan, which was published in January 2022 proposes the site as an Innovation Campus.

Potential

The current development encourages oe major anchor facility/outlet or retail mall.

Further development of smaller scale retail with mixed use development of residential/hospitality/service related business would compliment the plans objectives.

Alternatively, the Innovation Campus idea could open the lands for educational and industry with small scale shopping, residential and potential for hotel.

A new development plan is to be drafted in the next year allowing any purchaser a significant input to the future zoning/land uses of this important site.

Title

The property is held under Folio CE27413F and CE8766.