OLD CAULFIELD ROAD & LISNAMONAGHAN ROAD, CASTLECAULFIELD, DUNGANNON, BT70 1RN

PRIME RESIDENTIAL DEVELOPMENT SITE

Lands at Old Caulfield Road & Lisnamonaghan Road, Castlecaulfield, Dungannon, BT70

Site area approximately 10.6 Acres (4.29 Ha) with the benefit of Full Planning Permission for 59 No. dwellings & approval pending for a further 24 No. dwellings (Total: 83).

INTRODUCTION:

We are instructed to offer for sale this superb development site in Castlecaulfield, Co. Tyrone. The lands which extend to a total of 10.6 acres (4.29 hectares) are situated at the Lisnamonaghan Road and Old Caulfield Road.

The site benefits from Full Planning Permission for 59 houses with approval for a final phase of 24 houses pending. The proposed overall development will comprise of 83 houses in 3 phases consisting of 40 no. three bedroom semi-detached, 14 no. four bedroom semi-detached and 29 no. four bedroom detached.

The development has been designed in a traditional Georgian architectural style with render and brick finishes and the wide variety of two storey house types, sizes and accommodation are appropriate and proven in the local market place. The house types are designed to cater for all buyer types including first time buyers, small families, growing families and those downsizing.

The layout of the 3 phases integrate very well together. Each phase has been designed to incorporate clusters of houses in cul-de-sacs with open green spaces. Many of the road frontage houses have direct access off the Lisnamonaghan Road and Old Caulfield Road which is a unique feature of the development design and provides for a very attractive and appealing onward development.

There has been strong demand in the area for new developments with limited new housing schemes built in recent times and a lack of availability of zoned housing land. The resale market in the local area for similar house types to those proposed, continues to perform exceptionally well and we forecast high demand for the onward development due to its highly convenient location and close proximity to the A4 Bypass (leads to M1 Motorway). Castlecaulfield continues to appeal to a wide spectrum of potential buyers from within the local vicinity, surrounding towns, hamlets, villages and commuters due to its proximity to the M1 Motorway.

The site benefits from available capacity in the local WwTW to serve the entire development. Building Control applications were submitted prior to the implementation of the new Building Regulations in June 2022 with approvals pending.

The sale of this site represents an excellent opportunity to acquire a virtually ‘ready to go site’.

LOCATION:

Named for its castle constructed c. 1619, Castlecaulfield is a charming village, steeped in history that lies at the heart of Northern Ireland.

Perfectly positioned close to Dungannon and Cookstown in Mid-Ulster, Castlecaulfield offers a tranquil village escape with easy access to town life and the main roads network for commuting throughout the province.

A model of village living, Castlecaulfield offers two sought after primary schools, a convenience store, butchers, hairdressers, a takeaway and a charming public house. A wealth of cultural, recreational and leisure opportunities are also minutes away in the nearby picturesque Donaghmore village and bustling Dungannon town (both less than 3 miles away) with superb schools, shopping amenities such as The Oaks Centre, Tesco, Linen Green Retail Outlet, renowned eateries and scenic walks at Parkanaur Forest Park (c.1.6 acres), a forest park with walking trails and river extending to almost 200 hectares of woodland.

The location of the lands for sale are less than a 5 minute drive from the A4 dual carriageway which directly connects onto the M1 Motorway which provides for excellent commuting options for those commuting north, west or south. Belfast is c. 45 miles away.

The central location of Castlecaulfield ensures that it is easily accessible to Dungannon, Cookstown, Ballygawley, Armagh, Portadown, Craigavon, Omagh, Enniskillen and Belfast.

The location is ideal for first-time buyers, families, and commuters due to its proximity to bustling village amenities, recreational facilities, and provincewide renowned schools.

Distances to:

Castlecaulfield Village Centre: 0.5 miles
Parkanaur Forest Park: 1.6 miles
A4 East / West Bypass (leading to M1): 1.9 miles
Lidl: 2.2 miles
Donaghmore Village Centre: 2.4 miles
Sainsburys: 2.7 miles
Translink Bus Depot: 2.8 miles
Dungannon Town Centre: 2.9 miles
Tesco Superstore: 3 miles
Dungannon Golf Club: 3.1 miles
Dungannon Leisure Centre: 3.2 miles
Dungannon Park: 4.2 miles
Linen Green Retail Outlet: 4.4 miles
M1 Motorway 5.6 miles
Moy: 8.8 miles
Cookstown Town Centre: 12 miles
Armagh: 15.6 miles
Portadown: 20 miles
Craigavon: 22.6 miles
Omagh Town Centre: 26 miles
Enniskillen: 40 miles
Belfast City: 45 miles

Renowned Schools:
Blessed Patrick O’Loughran PS: 0.1 miles
Walker Memorial PS: 0.6 miles
St Josephs Grammar School: 2.2 miles
Donaghmore Controlled PS: 2.5 miles
St. Patricks Primary School Donaghmore: 2.8 miles
South West College Dungannon: 3.3 miles
Drumglass High School: 3.4 miles
Royal Grammar School Dungannon: 3.5 miles
Dungannon Integrated College: 4.1 miles
St. Patrick’s College: 4.2 miles
St. Patricks Academy Grammar School: 4.2 miles

PLANNING:

Full planning permission granted for 59 houses with approval for a final phase of 24 houses pending.

LANDS AT LISNAMONAGHAN ROAD:
LA09/2021/1572/FPlanning Permission granted on 25th October 202229 Units. Site area c. 3.6 acres

LANDS AT OLD CAULFIELD ROAD (NORTH):
LA09/2022/0365/FPlanning approval pending.24 units. Site area c. 3.2 acres

LANDS AT OLD CAULFIELD ROAD (SOUTH):
LA09/2022/0440/FFull planning permission granted on 8th March 202330 Units. Site area c. 3.8 acres

SERVICES:

The site benefits from available capacity in the local WwTW to serve the entire development, subject to minor storm off setting works on the Old Caulfield Road as agreed with NI Water. Foul, storm and watermain extensions are required to service the lands. A detailed Drainage Network Summary outlining all the additional information which enables the developments to be served is available upon request.

Aidan Shields,
McKeown & Shields,
1 Annagher Road,
Coalisland,
Dungannon,
Co. Tyrone,
BT71 4NE

BUILDING CONTROL:

The lands benefit from a submission prior to the introduction of the new Building Regulations post June 2022.

The summary of the Building Control status is outlined below.

APPLICATION REFERENCES:

F/2022/0850 - Lisnamonaghan Road - Building Control Approval Granted on 7th March 2023.
F/2022/1092 – Old Caulfield Road (Northern Lands) - (Approval pending).
F/2022/1084 – Old Caulfield Road (Southern Lands) - (Approval pending).

RENTED BUILDING:

On the Old Caulfield Road (southern lands) there is a c. 14,000 Sq Ft building which is rented on a“Licence to Occupy” basis to a long established local engineering business on the following terms:

Permitted Use: Storage / light engineering.
Term: 12 month licence commenced on 25th July 2022 ending on 24th July 2023.
Subject to monthly extensions thereafter with one months notice to quit.

Additional information available upon request.

TERMS OF SALE:

Land offered for sale by Private Treaty

CRITERIA REQUIRED FROM INTERESTED PARTIES:

Name of purchaser.
Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level.
Timescale to complete the purchase post acceptance of offer - Completion shall be no later than 6 weeks following date of offer acceptance.
Details of offer level and confirmation that a 10% non-refundable deposit will be paid upon exchange of contracts.
Details of Solicitor who will represent the proposed purchaser.

PRICE:

Offers Over: £2,450,000 (Two million, four hundred and fifty thousand pounds Sterling).

TENURE:

The site for sale is freehold. The lands are comprised within Land Registry Folio TY21384 County Tyrone.

The lands will be sold with the benefit of easements over the vendors adjacent lands as required for visibility splays.

The vendor requires easements over certain lands being sold. A copy of the land transfer map is available in the data room.

VENDORS SOLICITOR:
Kieran Quinn
PA Duffy & Co. Solicitors
7-9 Market Square
Dungannon
BT70 7AB

DATA ROOM:

All relevant planning, architectural, consultant reports, Building Control and drainage network documentation relating to the lands for sale can be viewed in a Data Room.

The Data Room can be shared following registration of interest with either Simon Brien Residential or Tom Henry & Co.

For further information please contact either:

SIMON BRIEN F.N.A.E.A.
Land & New Homes
Landline: 028 9066 8888
Email: sbrien@simonbrien.com

THOMAS O’DOHERTY R.I.C.S.
Land & New Homes
Landline: 02890668888
Email: todoherty@simonbrien.com

TOM HENRY R.I.C.S.
Landline: 02887726992
Email: tom@tomhenryandco.com

STEPHEN HENRY AssocR.I.C.S.
Landline: 02887726992
Email: stephen@tomhenryandco.com

N.B. Tom Henry & Co and Simon Brien Residential for themselves or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Tom Henry & Co and Simon Brien Residential cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Simon Brien Residential or Tom Henry & Co has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and / or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Simon Brien Residential & Tom Henry & Co will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.