LANDMARK INVESTMENT & REDEVELOPMENT POTENTIAL (SPP)

A substantial mixed-use asset arranged over three levels.

The property comprises primarily retail accommodation with office space at first floor level.

The centre benefits from an escalator, excellent accessibility, and convenient on-site surface car parking (pay-and-display). Please note: the car park is not included in the sale.

The property offers excellent short-term income from existing tenancies, while also presenting a unique opportunity to significantly reconfigure, redevelop or actively manage the asset.

Situated in the heart of Carlow Town, this landmark property enjoys dual access from Tullow Street, the town's main retail thoroughfare, and Kennedy Avenue, a key access route. The area experiences high footfall and is surrounded by national and local retailers, educational institutions, and public amenities.

ACCOMMODATION & TENANCY
The centre comprises retail accommodation across the upper and lower ground floors, with office accommodation at first floor level. The majority of the upper ground floor, currently occupied by Shaw's Department Store, will be delivered with vacant possession. Together with the existing vacant space within the scheme, this creates a substantial opportunity for asset management and new leasing initiatives.
Current occupiers, including Paddy Power, Regatta, and a cafe, generate income on short term flexible terms while contributing to established customer footfall.

The property extends to approximately 2,480.91 sq m (26,695 sq ft) GIA, subject to full measurement survey.

Tenancy and income information is available upon request.

Measured floor areas are currently being prepared and will be provided to interested parties once available.

ABOUT CARLOW
Carlow has a growing population, with Carlow Town now home to 27,351 residents, marking a 13% increase since the 2016 Census. The population of County Carlow stands at 61,938, reflecting a 9% growth over the same period.

The location offers a vibrant mix of occupiers, from major brands such as Penneys, EBS, Lloyd's Pharmacy and Shaw's Department Store to independent cafe's and boutique retailers.

The Haddens Centre is set to benefit substantially from the ongoing urban regeneration under Project Carlow 2040, which includes a new pedestrian walkway and enhanced public realm. These improvements will boost accessibility and attract increased footfall to the centre.

PROJECT CARLOW 2040
Project Carlow 2040 is a 20-year strategy aimed at revitalising Carlow Town's urban environment, economy, and infrastructure. Backed by 23 million euro in Urban Regeneration and Development Fund (URDF) investment, the initiative includes major public realm and connectivity upgrades, many of which are set for completion in 2025. For the Haddens Centre, these works will bring direct benefits through enhanced paving, lighting, and pedestrian infrastructure along Tullow Street, significantly improving accessibility and appeal. New pedestrian links connecting Barrack Street, the Potato Market, and the train station will further increase footfall and visibility, reintegrating the Centre into a rejuvenated and more vibrant town core.

TOWN PLANNING
The property is zoned "Town Centre - To protect, provide for and/or improve town centre facilities and uses" under the Carlow County Development Plan 2022-2028. A wide range of residential and commercial uses are permitted in principle under this zone (subject to planning).

TENURE
We understand the property has good and marketable Freehold title.

JOINT AGENT
Lisney, St. Stephen's Green House, Earlsfort Terrace, Dublin 2, D02 PH42 - Tel: 01 6382700 - Licence No. 001848

• > Prime Town Centre Location on Tullow Street, Carlows main commercial spine.
• > Dual access from both Tullow Street & Kennedy Avenue.
• > Situated within the core area of the Project Carlow 2040 regeneration strategy.
• > Prominent position with high visibility and strong footfall, enhanced by Penneys on Kennedy Avenue.
• > Vacant accommodation offers strong potential for asset management, value enhancement, and attracting new occupiers.
• > Existing tenants including Paddy Power, Regatta, and a cafe provide income from short-term flexible arrangements while maintaining customer footfall.
• > Close proximity to public parking, Carlow College, Carlow Shopping Centre and the Potato Market.
• > Neighbouring occupiers include Penneys, EBS, Lloyd's Pharmacy, Shaw's Department Store, as well as a mix of independent Cafe's and Retailers.