Bank of Ire­land branch premises for auc­tion

Irish Independent - Business Week - - APPOINTMENTS - Ron­ald Quin­lan

BidX1 will be of­fer­ing over 200 prop­er­ties for sale in its fi­nal auc­tion of 2018.

Ar­guably, the high­light of the sale which takes place over two days will be the auc­tion of eight Bank of Ire­land premises lo­cated in Dublin and across the coun­try. Taken to­gether, the bank branch prop­er­ties carry a com­bined guide price of just over €10m.

The most ex­pen­sive lot is the premises at 59 Main Street, in Loughrea, Co Gal­way.

The prop­erty, which is let to Bank of Ire­land un­til 2032, is guid­ing a price of €1.89m.

The seven other bank premises, all of which are let to Bank of Ire­land, are: 312 Bal­lyfer­mot Road, Bal­lyfer­mot, Dublin 10 (€1.75m); Abbey Square, En­nis­cor­thy, Co Wex­ford (€1.4m); 68 Main Street, Long­ford (€1.35m); Ro­screa, Co Tip­per­ary (€1.1m); 93 Strand Street, Sk­er­ries, Co Dublin (€950,000); Emily Square, Athy, Co Kil­dare (€865,000), and Main

Street, Eden­derry, Co Of­faly (€710,000).

Multi-unit in­vest­ments, both fully res­i­den­tial or mixed-use, also fea­ture in the up­com­ing sale. Two in­ter­con­nect­ing Ge­or­gian build­ings on Bless­ing­ton Street in Dublin 7 come with a large in­dus­trial unit to the rear and the en­tire lot is guid­ing €1.4m.

A build­ing com­pris­ing eight apart­ments in Harold’s Cross, seven of which are ten­anted with a to­tal an­nual rental in­come of €98,640, is guid­ing €950,000.

Else­where, a three-storey of­fice build­ing in Dun­drum is guid­ing €980,000 while

For sale:

BoI’s premises at 59 Main St, Loughrea, Co Gal­way

a restau­rant which is let to French eatery Chez Max at the gates of Dublin Cas­tle in Dublin 2 is guid­ing a price of €625,000.

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