Roguery Road, Toome, BT41 3TJ

Offers Over

£550,000

Typical Mortgage

per month

Land - Development

Contact Agent

CBRE | NI

Description & Features

Planning has been submitted to erect 2no. Drive Thru’s and associated car parking (Planning Reference: LA03/2022/0788/F) on a development site extending to approximately 1.20 acres.

The development site is situated adjacent to Cathcart's Centra convenience store and petrol filling station. On the adjacent lands an agreement to lease has been signed with IONITY GmbH for 6no. EV chargers. There will be significant investment of over £1.5 million of infrastructure on site. Each charging station provides 350 kW which will provide enough charging power to charge a car within 10-15 minutes.

The development site is located on the Roguery Road junction of the A6 close to Toome which is the midpoint linking Belfast with Derry/Londonderry.
The A6 has recently completed a £185m upgrade between Randalstown and Magherafelt with a further £220m underway to be spent on the Dungiven bypass.
Traffic count at Toome is estimated at over 20,000 vehicles per day (Source: Department of Infrastructure).
Planning has been submitted to erect 2no. Drive Thru’s and associated car parking (Planning Reference: LA03/2022/0788/F).
An agreement for lease has been signed with Starbucks (subject to planning).
The development site is approximately 1.20 acres.

Housing Tenure

Type of Tenure

Freehold

Location of Roguery Road

The subject property is located immediately adjacent to the A6 carriageway between Toome and Magherafelt. The property has great communications links as its directly accessible to the newly upgraded A6 which is the main road linking Belfast with Derry / Londonderry. It’s also only a few minutes’ drive from the M22. The A6 is a strategically important route connecting Belfast and the North West enhancing access to and from Belfast, Londonderry, Magherafelt, Antrim and Belfast International Airport. The A6 is undergoing a c.£400m dualling upgrade. Phase 1 - £185 million Randalstown to Magherafelt upgrade completed in May 2021. Phase 2 - £220m Londonderry to Dungiven is due to complete Q2 this year. The route carries over 20,000 vehicles per day. Primary destinations along the A6 include Antrim, Randalstown, Toome, Maghera, Magherafelt, Portglenone, Cookstown and all three of Northern Irelands Airports. The subject investment is situated on the Roguery Road which is directly accessed off the Brecart Roundabout on the A6. Due to the property being situated at the roundabout the service station benefits from both directions of vehicular traffic flow. As well as serving the local conurbation of Toome/Magherafelt there is a significant and growing amount of industry in the immediate vicinity. Companies located within 2 miles employ more than 3,000 staff, some key employers include SDC Trailers (600 staff), Acheson & Glover (230 staff) and Creagh Concrete (550 staff).

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