SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W

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SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
SPAWELL
       LEISURE COMPLEX

           T E M P L E O G U E ,       D U B L I N     6 W

I N V E S T M E N T   &   D E V E L O P M E N T   O P P O R T U N I T Y

          F O R   S A L E    B Y   P R I VAT E    T R E AT Y
SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
Astroturf
Sale Highlights                                                                   The Spawell Complex is subject to 12
                                                                                  tenancies with a contracted income
                                                                                  of approximately €604,516 per annum.
• Established leisure complex extending to

  approximately 34.45 acres (13.92 Ha)

• Strategic location with immediate access to                                                                                     Powerleague comprises 8 outdoor astro pitches
                                                                                                                                   and an additional astro pitch within a dome building.

  the M50 and N81 road networks

• 18 hole par 3 golf course, two-storey 48 bay                                                                                                                  Templeogue Rd

  driving range, 2 squash courts, 9 astroturf

  pitches and a garden centre

• Public house, 3 retail units, a snooker

  room and ancillary first floor accommodation

• 12 tenancies with a contracted income of
                                                                                                                                   Public House

  approximately €604,516 per annum

• Full planning permission for a hotel

  and leisure complex valid until 2020

• Excellent profile in a densely populated                                                                                        D’Arcy McGee’s bar and restaurant.
                                                                                                   Tallaght Rd
  residential suburb of Templeogue
                                                                                                                                   Driving Range

• Zoned Objective ‘F’ under the South Dublin

  County Development Plan 2010 – 2016

                                                                                  Other occupiers within the Spawell Complex
For sale by Private Treaty on the instruction of Paul McCann,
                                                                                  include Gymboree, Easy Garden Centre,
Receiver, Grant Thornton
                                                                                  Total Lazer Health, Just Maths, Excel Services
                                                                                                                                   Edmar Golf comprises an 18 hole par 3 golf course,
                                                                                  and Fran Smith Hairdresser & Barber.             a two-storey 48 no. bay covered driving range,

                                                                M50 JUNCTION 11                                                    20 no. outdoor grass bays and 2 squash courts.
SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
Tenancy Schedule
                                        CONTRACTED                         LEASE/LICENCE
 TENANT                    USE                              TERM                                   LEASE END             BREAK DATE
                                          RENT PA                              START

 Arklow Inns           Pubic House       €¤182,000         10 year         23 March 2010         22 March 2020         Landlord Yearly
 Limited T/A                                                                                                           Rolling until 2016
 D'Arcy Mc Gees

 Edmar Golf t/a       Driving Range,     €¤262,000         10 year           5 April 2012          4 April 2022        Landlord 4 April
 Carr Golf Centre    Squash Courts &                                                                                        2017
                           Retail

 Powerleague         Dome & Astroturf    €¤75,000          10 year           18 July 2011          17 July 2021       Mutual 18 July 2017

 Powerleague           Office Suite       €¤900           Monthly            1 June 2013                               Mutual Monthly

 Uniplumo (IRL)       Garden Centre      €¤23,000          9 year          1 February 2014       31 January 2023     Landlord 1st October
 Limited T/A Easy                                                                                                           2019
 Garden

 Fran Smith             Retail Unit      €¤20,000      In Negotiations
 Ladies
 Hairdresser/
 Barber

 Seigfried Limited     Office Suite      €¤14,500      3 year 6 month        1 July 2014         31 January 2018       Mutual 30 June
 T/A Gymboree                                                                                                           2015 & 2016

 Marc O'Dwyer           Retail Unit       €¤11,016         4 year            1 April 2012         31 March 2016
 and Darren Kelly
 T/A Total Lazer
 Health                                                                                                                                     Description
 Dermot Cook           Office Suite       €¤3,000      4 year 9 month     1 September 2012         31 May 2017
 T/A Just Maths
                                                                                                                                            The Spawell Complex is one of Dublin’s best known
 Dermot Cook           Office Suite       €¤5,000      4 year 9 month       21 April 2012       20 December 2016
 T/A Just Maths                                                                                                                             landmarks and is long established as a golf and

 Dermot Cook           Office Suite       €¤4,500      4 year 9 month      1 January 2014      30 September 2018      Tenant 31 May 2017    leisure complex.
 T/A Just Maths

 Matthew Lee T/A        Car Valet         €¤3,600         Monthly            1 May 2013                                Mutual Monthly
                                                                                                                                            The property has the benefit of extensive frontage
 Excel Services
 (Car Valet)
                                                                                                                                            with approximately 350 metres frontage to the

                                                          TOTAL €604,516                                                                    R137 and approximately 410 metres onto Wel-

                                                                                                                                            lington Lane. Spawell offers exceptional future
Interested parties should access the Savills data site for a full detailed tenancy schedule sites.savills.com/spawellleisurecomplex
                                                                                                                                            development prospects with existing full planning

                                                                                                                                            permission for a hotel and leisure complex.

                                                                                                                                            Currently the property is operated as a successful

                                                                                                                                            public house, golf academy, soccer academy and

                                                                                                                                            garden centre along with numerous additional an-

                                                                                                                                            cillary operations, all of which complement Spawell

                                                                                                                                            as a neighbourhood destination.

                                                                                                                                            The entire complex is serviced by a large hard

                                                                                                                                            standing car park situated at the south east corner

                                                                                                                                            of the property.
SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
D
                                                              Estate

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                                                                                                                                                                                                                                                                                                                                                                                              1.   Easy Living Garden Centre

                                                                                                                                                                                     OV E R OA D
                                                                                                                                                                                                                                                                                                                                                                                              2.   Powerleague Pitches

                                                                                                                                                                                                                                                                                                                                                                                              3.   Powerleague Reception
            Ty m o n
             Park                                                                                                                                                                                                                                                                                                                                                                             4.   Darcy McGees Pub

                                                                                                                                                                          CYPRESS GR
                                                                                                                                                                                                                                                                                                                             2
                                                                                                                                                                                                                                   Te m p l e o g u e                                                                                                                                         5.   Darcy McGees Snooker
                                                                                        Te m p l e o g u e                                                                                                                            Village                                                                                                                                                 6.   Carr Golf Reception

                                                                                                                                                                                                                                                                                                                                                                                              7.   Golf Course

                                                                                                                                                                                                                                                                                                                                                                     TA L L A G H T R O A D
                M50                                                        W
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                                                                                   LL                                                                           RO                                                                                                                                                                                                                            8.   Driving Range
                                                                                        IN                                                                 UE                                                                                                      UE
                                                                                             G                                                         G                                                                                                      EN
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                                                                                                      N                                     P   LE                                                                                                   D                                                                                                                                        9.   Just Maths
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                                                                                                          LA                       TE                                                                                    BUTTE RFI
                                                            SPAWELL                                               N
                                                                                                                      E                                                                                                                                                                                                                                                                       10. The Spawell Barber
                                                          LEISURE COMPLEX                                                                                                                                                                                                                                                        3
                                                                                                                                                                                                                                                                                                                                                                                              11. Fran Smiths Ladies Hair
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                                                                                                 OA                                                                                                                                                                                                                                                                                           12. Total Laser Health
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                                                                               AG                                                                                                                                                                                                                                                14       12
                                                                     TA                                                er                                                                                                                                                                                                                                                                     13. Gymboree (Upstairs)
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                                                                                                              od                                                                                                                                                                                                                          11
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                                                                                                     er                                                                                                                                                                                                                                                                                       14. Squash Courts
                                  J11                                                    Ri
                                                                                                 v                                                                                                                                                                                                                                        10

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                                                                                                                                                                                                                     A                                                                                                           9                                                            15. Car Wash / Valet
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      N81                                                                                                                                                                                                                                                                                                                            6
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                                                   SWORDS                          MALAHIDE

                                                                               PORTMARNOCK

                                                                                                                            Location
                                                        COOLOCK

                                                                                                                                                                                                                                                                        Town Planning                                                                  and recreational purposes”. Under this local objective,
                                       SANTRY
 BLANCHARDSTOWN
                             FINGLAS
                                                                                                 SUTTON
                                                                                                                          HOWTH
                                                                                                                                                                                                                                                                                                                                                       development proposals deemed acceptable are sports
     CASTLEKNOCK
                                  DRUMCONDRA
                                                                                                                            Situated at the intersection of Wellington Lane and Tem-                                                                                    The property has the benefit of full planning permis-                          centres incorporating mixed uses including ancillary
                                                                                                                            pleogue Road, within 700 metres of Junction 11 off the M50                                                                                  sion for the demolition of existing buildings on site and                      hotel, conference centre, nursing home and primary
                CHAPELIZOD         DUBLIN
                                 CITY CENTRE
                                                                                                                            motorway. The subject property is located approximately 9                                                                                   the construction of a two storey over basement leisure                         healthcare.
  BALLYFERMOT
                                                BALLSBRIDGE                                                                 km south west of Dublin city centre, within close proximity                                                                                 centre extending to 21,564 sq m (232,113 sq ft), a five
                     CRUMLIN           RANELAGH                                                                                                                                                                                                                                                                                                        Uses permitted in principle include; Community Centre,
                                            DONNYBROOK                                                                      to Templeogue. The property is also convenient to a host                                                                                    storey over basement 149 bedroom hotel with ancillary
    M50
          WALKINSTOWN                                                                                                                                                                                                                                                                                                                                  Cultural Uses, Open Space, Recreational – Facility /
                                 TERENURE
                                                  CLONSKEAGH
                                                                                                                            of other densely populated suburbs including Walkinstown,                                                                                   facilities over a basement of 10,204 sq m (109,835 sq
                                                                                                                                                                                                                                                                                                                                                       Sports Club.
                                                DUNDRUM
                                                               BLACKROCK
                                                                                 DUN                                        Rathfarnham and Terenure, with a wide range of commer-                                                                                      ft) and 579 car parking spaces onsite.
                                                                               LAOGHAIRE

                SPAWELL        RATFARNHAM               STILLORGAN
                                                                                                                            cial services and amenities in the vicinity.                                                                                                                                                                               Uses open for consideration include; Car Park, Educa-
                                            SANDYFORD
                                                                                                                                                                                                                                                                        Planning permission (SD10A/0006) was granted in
                                                            LEOPARDSTOWN                                                                                                                                                                                                                                                                               tion, Garden Centre, Hospital, Hotel / Motel, Industry
                                                                                                                                                                                                                                                                        April 2010 and extended until April 2020.
                                                                                                                                                                                                                                                                                                                                                       – Extractive, Public Services, Recreational Buildings

                                                                                                                                                                                                                                                                                                                                                       – Commercial, Recycling Facilities, Residential and
                                                                                                                                                                                                                                                                        Zoning                                                                         Restaurant.
Connectivity                                                                                                                                                                                                                                                            The property is located in an area zoned Objective

• Immediate access to all road networks via the N81 and M50                                                                                                                                                                                                             ‘F’ under the South Dublin County Development Plan                             Services
                                                                                                                                                                                                                                                                        2010 – 2016, which is “to preserve and provide for
• Range of Dublin Bus services operate within the immediate area                                                                                                                                                                                                                                                                                       We understand that all main services are connected to
                                                                                                                                                                                                                                                                        Open Space and Recreational Amenities”. In addition,
                                                                                                                                                                                                                                                                                                                                                       the property; however interested parties are advised to
• The Red Luas Line (Belgard and Red Cow Stops) operate within reasonable proximity                                                                                                                                                                                    the Spawell Complex is subject to a specific local
                                                                                                                                                                                                                                                                                                                                                       satisfy themselves on the availability and adequacy of
                                                                                                                                                                                                                                                                        objective, LZ011, which is to “facilitate redevelopment
                                                                                                                                                                                                                                                                                                                                                       these services.
                                                                                                                                                                                                                                                                        for commercial, leisure, health, well-being, education
SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
Contacts & Further Information

Tenure                  Freehold
Pricing                 On Application
Viewings                Viewings are strictly to be arranged through the sole selling agent

                        (Numbers available upon request)

SELLING AGENTS

                                                                 Savills Development                                               Savills Investments

                                                                 John Swarbrigg                                                    Dessie Kilkenny
                                                                 Associate Development                                             Divisional Director Investments
                                                                 +353 1 618 1333                                                   +353 1 618 1401
                                                                 john.swarbrigg@savills.ie                                         dessie.kilkenny@savills.ie

33 Molesworth Street,                                            Conor Mullen                                                      Leona Mullen
Dublin 2, Ireland                                                Surveyor Development                                              Surveyor Investments
PRSA 002233                                                      +353 1 618 1383                                                   +353 1 618 1314
www.savills.ie                                                   conor.mullen@savills.ie                                           leona.mullen@savills.ie

SOLICITORS

                                                                 Gartlan Furey Solicitors                                  Orla Higgins
                                                                 20 Fitzwilliam Square,                                    +353 (0)1 7998000
                                                                 Dublin 2                                                  orla.higgins@gartlanfurey.ie

Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The
particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guid-
ance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers,
Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them.
Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland
nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained
in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on
the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the
Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland.
SPAWELL LEISURE COMPLEX - TEMPLEOGUE, DUBLIN 6W
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