A substantial brownfield site in Kilkenny city center is offered for sale at a target price of over €6m.
The site, which stretched to 8.57 acres, was previously occupied by Kilkenny Mart before cattle ranching moved outside of the city.
Some 16 years ago the Market Co-op teamed up with developer Melcorpo Ltd, hoping to develop a mix of retail, commercial, residential, leisure and tourism uses for a larger 13.5 acre site.
Known as Kmart, the project would have included 80 apartments, a hotel, restaurants, bars and leisure facilities – including a gym, spa, swimming pool and bowling alley. It also envisioned cultural facilities with a Kilkenny GAA museum and interactive visitor center, an art gallery and gallery bookshop, and a medical center and daycare center.
In 2014 the larger site was purchased by the current seller and under these owners a new access road through the site connecting to the city was completed.
A 12-screen multiplex cinema has opened next to the site, and planning for a new hotel nearby is also in full swing.
Services for future development were also brought to the site along this new road.
Joint agents Savills and Bagnall Doyle MacMahon handle the sale. With approximately 550m of road frontage on three sides, the site is currently designated as ‘general business’ – ‘to ensure general development’. The site borders not only New Road, but also Castlecomer New Road and Old Mart Road. On its fourth side is a housing estate.