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For sale by Martin McGowan Properties via the iamsold Bidding Platform
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
We are delighted to offer to the market this fantastic development site within the heart of Ballybofey.
The land is for sale in one L shaped parcel and extends to c.3.56 acres / c.1.44 hectares and is the closest significant parcel of development land to the Town Centre of Ballybofey. The subject lands are zoned opportunity within the draft 2024 – 2030 Ballybofey – Stranorlar development plan, thus allowing for a mix of residential or commercial.
The subject land is surrounded by a number of large commercial entities including Navenny Shopping centre anchored by Super Value (50m), Chas Bonner & Son Bathrooms and Stoves (65m) Finn Harps (200m) and a mere 400m from McElhinney’s Department Store.
THE AREA
Ballybofey and Stranorlar situated key as the gateway to the northern part of the county has undoubtedly become known as a bustling hub overseeing vast development as of late. The close proximity to the North of Ireland and abundance of Northern Irish consumers receiving speculative exchange rates would attribute to this.
The twin towns are on a main national primary route (N15), servicing a heavy traffic flow for the county. The latest numbers of population established a population for the Ballybofey /Stranorlar towns of 5,040 which is almost equally divided between male and female. Ballybofey is located approximately 17 miles from Donegal Town and 15 miles from Letterkenny.
The very significant McElhinney’s Department Store in Ballybofey, together with the various essential amenities provided by both Stranorlar and Ballybofey to include commercial banks, hotels (Kee’s, Villa Rose and Jackson’s), hardware, licensed and restaurant establishments, national, primary and secondary schools, churches etc, cater very well for the local community and it’s large hinterland. In terms of residential developments, the town has witnessed considerable expansion in the last 10 to 15 years. Furthermore the recent completion of the new ‘Navenny Place” development of luxury apartments will add a vibrant touch to the twin towns.
The county headquarters and football pitch of the GAA Phairc Sean MacCumhail, together with the home grounds of Finn Harps Football Club are very significant facilities located in the area drawing large crowds.
SERVICES
We believe that all main services are available to the property including, water, electricity and phone. We have made no investigations in relation to these services and any prospective purchaser will have to satisfy themselves and carry out their own investigations for a variety of new economic, employment and commercial developments.
TO VIEW OR MAKE A BID Contact Martin McGowan Properties or iamsold, www.iamsold.ie
*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
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A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.
A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).
The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.
Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.
Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.
For further information or to speak to one of our team, please call 01 687 5040.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
