The vacant 10,603 sq ft property has planning permission for use as a spa and recreational facility
€550,000 guide for Tallaght retail park unit
A HIGH-profile corner retail unit, located in Tallaght Retail Park, has been granted permission for change of use to a
spa/recreational facility and is set to go to auction online later this month.
The 10,603 sq ft unit has been listed for €550,000, working out at “an attractive capital value of €52 per sq ft”, significantly below replacement cost.
The vacant corner retail unit is suitable for a variety of alternative uses, subject to planning permission, with its predominantly open plan accommodation suitable for a variety of retail, showroom or commercial uses.
The property is presented largely in shell and core condition, albeit with partial fit-out in parts and may be suitable for “subdivision into smaller units”.
In 2020, SDCC granted permission for the change of use of the unit to a
spa/recreational facility, to include a swimming pool area, relaxation areas, treatment rooms, associated office/administration areas and changing facilities.
The permission also allows for the construction of a new internal mezzanine floor to provide an additional 602sq.m at first floor level and 18 on-street bicycle parking spaces outside the building.
The Retail Centre in which the unit sits occupies a prominent position on High Street, adjacent to The Square Shopping Centre and within immediate access of the M50/N81 interchange.
There is also the benefit of strong pedestrian footfall, excellent public transport connectivity and extensive surrounding residential catchment in the area.
