Property Description

For sale by O'Reilly Taylor and Tweedy via the iamsold Bidding Platform

Please note this property will be offered by online auction unless sold prior. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

Approx. 6.18 acres (2.5 hectares) of excellent development land. This is an opportunity to acquire a partially constructed/developed 96 bed nursing home site, situated on the outskirts of Cootehill Town.

Phase 1- 48 beds roofed and sealed

Phase 2 - Full Planning Permission in place for a further 48 beds

All works, to date, are fully compliant with planning and passed by Supervising Architect - Fire Cert are in place

All works to date have been completed to a high standard and the site has been developed with hardcore service road in place.

Nursing homes in the Cavan / Monaghan area demonstrate high occupancy levels (average 95%) with attractive fair deal rates.

The high level of occupancy in the locality together with aging demographic indicate there will be strong demand for new nursing homes in the area.

A population in excess of 20,000 currently exists within a 28 km radius from the subject site.

Cootehill Town is located:
C.23 km from Cavan Town / C.22 km from Bailieborough Town / C.18 km from Clones Town / C.28 km from Kingscourt Town

TO VIEW OR MAKE A BID Contact O'Reilly Taylor and Tweedy or iamsold, www.iamsold.ie
Auctioneers Comments:
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Note:
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

This property was last updated: yesterday morning