Details
This expansive 47-acre (19.02 hectare) site has been divided into four lots with varying sizes but may still be purchased as a single site.
It offers significant development opportunities. There are currently 2 houses, 5 warehouses and offices on the property in addition to
several structures that were part of the site’s previous business use. The Northern Ireland Railways Larne to Belfast Line and the A2 Larne
to Carrickfergus passes through the site. The lands have extensive frontage on to Larne Lough c. 1 km in length. Most of the land between
the railway line and the lough is level and offers a solid foundation for development. The western portion of the site rises gently from the A2
before rising steeply toward the Antrim Plateau. The escarpment is steep and heavily wooded, and it may be useful as amenity land and/or leisure use.
Offers invited in the region of £1,550,000 (One Million and Five Hundred Thousand Pounds). Assumed free hold or long leasehold.
Industrial Development Land – 9.7 acres – £725,000
Roadside Development Land with Structures – 2.5 acres – £250,000
Development Land – 19.3 acres – £500,000
Escarpment – 15.5 acres – £75,000
N/A
All prices and outgoing etc. are exclusive of, but may be subject to VAT.
Contact: Stephen Deyermond
Tel: 028 9089 4065
Mobile: 07968727196
Email: stephen.deyermond@tdkproperty.com
Contact: Connor James
Tel: 028 9024 7111
Mobile: 07341 866173
Email: connor.james@tdkproperty.com
Dovydas Naslenas
07824038932
dovydas.naslenas@tdkproperty.com
The site is situated just outside Larne, the second largest seaport in Northern Ireland, which is situated in the northeastern region of the
Mid & East Antrim Borough coastline. Larne was the third-largest town in the Borough in terms of population at the time of the 2011
Census, after Ballymena and Carrickfergus. The A8 highway links Belfast with Larne. With the large level of traffic using the Port of
Larne passenger and freight ferry services to Scotland, this essential road in Northern Ireland currently transports more than 17,000 cars
daily. The location is situated on the A2’s Bank Road, which leaves Larne and leads to Carrickfergus.
Travel Time by Car
• Larne Port 6 minutes
• Belfast 30 minutes
• International Airport 25 minutes
The site had outline planning permission granted for a mixed use redevelopment of the site under planning ref F/2005/0315/O. The Larne Area Plan 2010 has the site zoned for a mixed use redevelopment under sections OS4, IND3 and IN3.
The planning application was successful in revising the proportions of the areas zoned for different types of development from the criteria set out in the area plan.
The residential proportion was increased to 60% from 35% and the industrial proportion was reduced from 55% to 30%. The leisure proportion remained the same and accounts for 10%.
The mixed use areas have been broken down in planning terms in percentage of developable land (c. 32.6 acres) below:
1) Residential 19.56 acres (60%)
2) Industrial 9.78 acres (30 %)
3) Leisure 3.26 acres (10%)
Sub Total 32.6 acres (100%)
4)Escarpment 15.4 acres
Total site area 48 acres