Property Description

The subject property is in Ratoath, Co. Meath, currently the 4th largest town in Meath with a population of 10,077 persons (census 2022). The site is approx. 750 meters south of Ratoath town centre, approximately equidistant (6km) between Dunshaughlin and Ashbourne and 28km northwest of Dublin City Centre.Ratoath Town Centre (15-minute walking distance) provides multiple facilities, services and amenities including SuperValu, Ratoath Medical Centre, Ratoath Dental Centre and three pharmacies.

A number of larger, rapidly expanding towns including Ashbourne, Dunshaughlin and Dunboyne are located within a radius of approx. 12km capturing a population of 40,000 persons. Due to its proximity to Dublin, the catchment area within a 20km radius extends to approx. 635,000 persons.

The subject property comprises broadly regular shaped lands with a level topography extending to approximately 3.88 acres (1.57 ha). The lands are partially occupied by BMX Ratoath which incorporates a bike track and associated parking. The remainder of the lands to the south are in agricultural use.

Full planning permission has been granted for the provision of a 2 to 3 storey nursing home with associated ancillary facilities and 8 single storey independent living units. The proposed scheme, designed by Reddy Architecture, will extend to a total gross floor area (GFA) of 74,296.75 sq. ft. (6,902.40 sq. m.) with 75 car spaces and 68 bicycle spaces. In addition, a new access road and upgrade works to the Fairyhouse Road will be incorporated, delivering a new junction.

Highlights
Prime nursing home development site in Ratoath, Co. Meath
Brownfield site extends to 3.88 acres (1.57 ha)
Vacant possession will be provided
Full planning grant for 118 ensuite bedrooms & 8 ILU’s
Large catchment area of approx. 635,000 (20km radius)
Current acute shortage of nursing home beds with strong, increasing demand
Nursing Home Ireland forecast 15,000 beds required by 2040
Over 65 population to increase to 1.28 million by 2040 (ESRI)

This property was last updated: 6 days ago