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SEVEN FEA­TURE IN NEXT ALL­SOP AUC­TION

Bray People - - NEWS -

The num­ber of county Wick­low prop­er­ties that will go un­der the ham­mer at the next All­sop Space auc­tion in May

SEVEN COUNTY Wick­low prop­er­ties will be auc­tioned off at the All­sop Space auc­tion in Dublin next month.

In to­tal 224 res­i­den­tial and commercial prop­er­ties will go un­der the ham­mer at the auc­tion in the RDS on May 2 which is an in­crease of 20 per cent on the re­cent Fe­bru­ary All­sop auc­tion.

The re­serve to­tal of the prop­er­ties is €37 mil­lion.

The Wick­low prop­er­ties up for grabs at the auc­tion in­clude prop­er­ties on South­ern Cross, Bray; Wex­ford Road, Ark­low; Grosvenor Park, Bray; Chaney Court, Rath­new; Stephen Street, Dunlavin; Kil­gar­ron Park, En­niskerry and Church Road, Grey­stones.

The most ex­pen­sive County Wick­low property is six re­tail units and eight du­plex apart­ments at Bent­ley Court, Wex­ford Road, Ark­low which has a re­serve price of be­tween €725,000 and €775,000. A de­tected ware­house in Dunlavin is the cheap­est on of­fer with a re­serve of be­tween €30,000 and €40,000.

Robert Hoban, Di­rec­tor of Auc­tions with All­sop Space said that not all the prop­er­ties up for sale are dis­tressed prop­er­ties

'It is im­por­tant to point out that while it is cor­rect that a num­ber of the in­vest­ment prop­er­ties for auc­tion are at the re­quest of re­ceivers, an ever in­creas­ing num­ber of people who are not in a dis­tressed property sit­u­a­tion are us­ing our auc­tions model. They sim­ply want to ob­tain the best pos­si­ble price in an open, trans­par­ent, ac­count­able and swift man­ner.'

Mr. Hoban also re­it­er­ated the All­sop Space guar­an­tee that they would not sell any re­pos­sessed fam­ily homes or any property that is sub­ject to a le­gal dis­pute.

Bent­ley Court, Ark­low.

Church Road, Grey­stones.

South­ern Cross, Bray.

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