Waste recycling site enters market for €2.2m

The site was originally developed in the early 1990s for can recycling

Green Dragon waste recycling site on the market for €2.2m

A licensed waste recycling facility on the outskirts of Cork City has come to market with offers sought in the region of €2.2m.

The 1.85-acre site, located on New Line Rd in Glanmire, comes with a waste recycling licence permitting the handling of up to 12,000 tonnes per annum — a feature that selling agent Kevin O’Connell, of Dominic J Daly & Co, describes as a “rare opportunity”.

Originally developed in the early 1990s for can recycling, the property was built and operated by its current owner, who ran the Green Dragon Recycling Company there for more than two decades.

Situated close to O’Connell Warehousing, the site lies just 4km from the Cork–Dublin motorway (M8) and 8km north of the Lee Tunnel, offering quick access to Cork City and major transport routes.

According to Mr O’Connell, both marine and aerial trade links are “within quick and easy reach”, enhancing the site’s appeal to logistics and industrial users.

The property comprises of two warehouse-style units constructed by the current owner.

Unit 1: Around 7,000sq ft (650sq m), featuring 8m eaves, an insulated roof, electric roller shutter, and articulated access.

Built around 2010, it includes a concrete yard and turning area to the front, along with a reinforced concrete retaining wall to the rear.

The agent describes the building as “in excellent condition.”

Unit 2: Around 5,500sq ft (510sq m), centrally located with articulated double access, allowing drive-through capability for large vehicles.

Built in the 2000s, it includes concrete yards to the front and rear.

There’s also a large compound area to the front of the site, that extends to 0.28 hectares.

Mr O’Connell said the level, well-laid-out site will be resurfaced with 804 hardcore gravel before sale.

The premises holds a waste facility permit, allowing the recycling of various materials, including plastic and tin. Such licences are “difficult and time-consuming to secure,” Mr O’Connell noted, taking up to five years and costing between €350,000 and €500,000.

Given the cost and complexity of licensing, Mr O’Connell expects strong interest — “including from the British Isles” — particularly from buyers seeking a ready-to-operate recycling facility.

“I think it will be someone looking to secure a waste recycling location where there’s already an existing licence,” said Mr O’Connell.

The property, which has a private water supply, is immediately available, subject to suitable offers in the region of €2.2m. Commercial rates on the entire are c €15,000pa.

A two-acre site adjoining the eastern boundary — recently brought to market by Barry Auctioneers — could offer scope for expansion, subject to planning permission.

DETAILS: Kevin O’Connell via Dominic J Daly T: 0214277399