New Gateway Retail Development for Greystones

GVA Donal O Buachalla are the letting agents for Church Gate Plaza, a high profile retail development in Greystones, Co Wicklow.

Planning permission has recently been granted for this landmark scheme which will mark the gateway to the commercial core of Greystones. It is strategically located at the junction of the two busiest thoroughfares - Church Road, leading to Main Street and Victoria Road, leading to the new €300m Marina development, now underway.

The scheme comprises approx. 1,180 sq.m. of retail space set around a public plaza with 28 exclusive apartments and penthouses overhead. Almost 50% of the retail space has already been pre-let to Centra and the remaining units offer a range of flexible sizes from 118 sq.m. to 660 sq.m. The retail units also have the benefit of 75 dedicated parking spaces, both surface and basement.

Greystones is a rapidly expanding urban centre and a much sought after affluent coastal location in the Greater Dublin Area, on the target acquisition list of many of Ireland's most ambitious retail chains.

The scheme is situated at a heart of a mature, densely populated area and presents an outstanding opportunity for a variety of retail users, including Pharmacy, Hair & Beauty, High-End Café/Restaurant, Healthcare, Optician, Financial Services, Boutique lighting/furniture/bathroom showrooms, etc.

Construction is due to commence later this year with retail units available for tenant fit-out by Autumn/Winter 2009. Quoting rents are in the region of € 550 - € 625 psm, depending on size of requirement, tenant covenant and lease terms.There will also be 28 large luxury apartments and penthouses available for sale on the upper floors, all with sea views. Further details to be released in due course.

This is the site of the former Irish Shell petrol filling station purchased in 2007 by Peter McKenna who is developing several retail led, mixed use schemes in the greater Dublin area.

All enquiries to Fergal Burke or Roger Keogh at GVA Donal O Buachalla on (01) 676 2711.

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