Monday 25 September 2017

Dublin markets site fetches €145k

An old warehouse premises in Dublin's markets area, at 6, 7 and 8 Hendrick Street, Dublin 7 sold at a recent auction for €145,000 or almost double its €80,000 guide price.

The single-storey premises adjoins the newly-developed fish market and is near the fruit market between the Four Courts and Capel St in Dublin city centre. While in need of refurbishment, the freehold premises extends to 300sqm and came with six off-street parking spaces.

A 5.7 acre plot of land at Knightstown, Ballyboughal in North County Dublin, saw bidding peak at the auction at €71,000 at which stage it was withdrawn and sold after for a higher figure.

Auctioneers BFR Estates had been guiding €50,000 prior to the auction for the agricultural land which had no development zoning.

It is believed to have been bought by a family wishing to move their horses out of livery renting.

A modern industrial building with offices has gone sale agreed since the auction for a price over its €170,000 AMV.

Situated at 3 Robinhood Business Park, Clondalkin, Dublin 22, the end of terrace unit has a gross external floor area of 279sqm including a reception, about 63sqm of offices over the ground and first floor to the front, a canteen and toilets.

In Dublin 8, two interconnecting shop units, D & E Pier 19, Ushers Island, near the Guinness Brewery and Heuston Station were withdrawn at €40,000.

The auctioneers have since received an offer just below the €70,000 AMV. Formerly a newsagents, the 110sqm premises is fully fitted and equipped.

The other lot to sell under the hammer at the auction comprised two sites at the entrance to the Glen Court housing development in Emly, Co Tipperary, which sold for its €5,000 AMV.

The sites had planning for 12 houses but it has lapsed.

A mixed-use building at 3 Main Street, Celbridge, Co Kildare, has seen its asking price drop from the €300,000 auction guide, to €280,000.

The two-storey premises comprises 50sqm of retail area and 36sqm of offices, as well as a secure rear yard with electric gate and parking for eight cars. Dublin-based auctioneer Fitz Rearden says either the upstairs or the entire space may suit conversion to residential use as it is next to a private house.

Irish Independent

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