Dunnes Stores continues c-store expansion within Dublin area
Dunnes Stores is believed to have paid around €9 million for the Magic Carpet pub site, where its new c-store is based, nearby its flagship Cornelscourt store
30 November 2021 | 0
Within the Dublin area, Dunnes Stores is continuing to roll out smaller suburban stores.
In South Dublin, the retailer recently opened a new convenience store just a couple of hundred metres away from its flagship Cornelscourt outlet.
The new store which opened at the site of the former Magic Carpet pub in Cornelscourt, is not far from Newtownpark Avenue, where a similar store is based. Back in 2018, Dunnes Stores opened a similar smaller shop there in the former Playwright pub.
It is believed Dunnes Stores paid approximately €9 million for the Magic Carpet site, which had been on the market for €12 million, sitting on 2.7 acres.
Under the local development plan, the site is zoned part-residential and part-neighbourhood centre so has potential for further development, but for now however, The Irish Times reports, Dunnes seems happy to run the outlet as a convenience-type shop.
The newspaper reports that market sources have suggested this could be a blocking strategy against the arrival of a competing supermarket so near to its flagship Cornelscourt store.
The grocer has also applied for planning permission to redevelop and expand ‘The Outer Spaces’ in Monkstown in South Dublin. This is the Diarmuid Gavin-led gardening shop and cafe which Dunnes opened earlier this year.
The aim would be to open a shop with circa 400sq m of retail floor space at ground level, including an off-licence and cafe with outdoor seating. An outdoor terraced seating area on the first floor is also envisaged.
Based at 14a/15a Monkstown Crescent, the property is adjacent to Avoca, and was placed on the market by Colliers last year for €1.5 million.
However, the proposal has already received objections from local residents, with some fearing over-development and others concerned about the potential noise increase and impact on parking.
One concerned resident said: “The development would cause significant damage and loss of value to local residential properties.” Other residents noted that the village did not need another off-licence.