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Located on the western side of the M11, it is 2.5km from Enniskerry and 3km from Bray town centre, and is accessible from the Enniskerry Road through Berryfield Lane, in Fassaroe.

Last April, agents CBRE offered a somewhat larger site to the market extending to 12.4 acres, whereas the site currently for sale is 11.5 acres, after it emerged during the sales process that 0.9 acres was not for inclusion.

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Darragh Deasy, of CBRE, who is handling both sales, says that negotiations on the latter’s sale are continuing with a number of parties.

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At the time of its initial launch last April, the receivers Declan McDonald and Ken Tyrrell, of PWC, also offered another Ronan group site on the corner of Leeson Street and Appian Way, Dublin 4 for sale, also with a €2.75m guide price.

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Three different types of zoning apply, with 4.6 acres available for residential development, 4.4 acres for open space and 2.5 acres for tourism.

A Johnny Ronan development site in Wicklow has seen its asking price reduced from €2.75m to €2m, partly reflecting how the size of the site has also been reduced from the time it was initially launched on the market earlier this year.

The latter site extends to 0.23 acres, and Mr Ronan had applied for planning permission for an apartment development on it.

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A more recent feasibility study indicates potential for a seven-storey over-basement development providing 22 apartments.

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The receivers and agents who are undertaking its sale have also submitted it for auction on the BidX1 platform on October 24.

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The plot is bisected by the Bray River. It also includes St Valery’s house, a protected structure which was built in 1810 but needs significant redevelopment.

In 2018, Mr Ronan was refused planning permission for a €50m “sports” hotel on the lands which would have been a 141-bedroom four-storey over-basement hotel targeting sports tourism, with a bias towards one of Mr Ronan’s favourite activities, cycling.