Monaghan Street / Railway Avenue, Newry, BT35 6AY

Additional Information

• Central location in Newry
• Extremely busy and prominent area with multiple uses in the surrounding area
• 'Shovel ready' site for mixed use development
• 43 modern apartments & 2 ground floor commercial units
• Suitable for alternative uses subject to statutory consents being granted

Newry occupies a strategic location between Belfast and Dublin, c. 37 miles south west of Belfast. The city benefits from excellent road linkages to Belfast, Dublin and the wider motorway network as well as Newry railway station being located on the main Belfast to Dublin line. The subject property is located in a highly prominent location in Newry City Centre fronting Upper Edward Street, Railway Avenue and Monaghan Street which is a busy thoroughfare linking Newry City Centre to the A1 Dual Carriageway, the main arterial route connecting Belfast and Dublin. The surrounding area comprises a mix of commercial, medical, leisure, social and educational uses. Occupiers in close proximity include Daisy Hill Hospital, Southern Regional College (which is seeing an investment of approx. £14.5M to create a new Innovation Centre in 2026), Canal Court Hotel, Newry Health Village, Iceland,  Old Creamery Retail Park to include retailers such as  TK Maxx, Dunnes Stores, B&M Bargains, Savers, Lynas Foods etc. Within minutes of the subject site is located the Buttercrane Shopping Centre consisting of approx. 260,000 square foot with occupiers including Primark, Sports Direct, Lidl etc. The Quays Shopping Centre (approx. 375,000 square foot) is also in close proximity to include occupiers such as a 10 screen Omniplex cinema, Sainsburys, Marks & Spencer etc. 

The subject property represents a relatively flat topographical site of approx. 0.5 acres. The site is rectangular in shape and was previously utilised as a car park facility. The property is enclosed by a low stone wall with two existing access points onto Railway Avenue. There are 2 x 48 sheet advertising bill boards on the corner of Monaghan Street & Railway Avenue. 

The site is located within the Development Limit for Newry City within the designated City Centre Boundary and is also zoned as a Development Opportunity Site (NY78).

Current planning consent consists of LA07/2020/0123/O and LA07/2020/1406/RM — Proposed mixed use development comprising of 2 No. ground floor retail units with 43 No. apartments above. Retail unit 1 will have a floor space of 463sq. metres while Retail unit 2 will have a floor space of 157sq. metres. The apartments will be in 3 No. blocks and will consist of 5 No. one bedroom apartments and 38 No. two bedroom apartments. Planning granted 15th February 2021. LA07/2025/0105/CLEUD granted 17th April 2025. Further details of current planning consent available from the agent.

The site potentially leads to other uses (subject to planning) however unconditional offers to purchase are preferred at this time.