Sign of the times for embattled minister as Ballymote building is up for sale

Property has supermarket, off licence and restaurant

Harry Keaney

Published 24/09/2013 | 05:40

'For Sale' signs have been erected on buildings owned by John Perry in Ballymote.

THE MOST visible signs yet of Minister John Perry's financial woes have now emerged in his home town of Ballymote.

They are 'For Sale' signs erected on the town centre building that houses a supermarket and a restaurant/takeaway.

A derelict cottage on about 10 acres at Ballybrennan, Ballymote, is also for sale.

The sales, by Sherry Fitzgerald Draper, are on the instructions of receiver Stephen Tenant of Grant Thornton.

One of the buildings contains Costcutter supermarket, off-licence and delicatessen.

This is described as a "commercial investment property" of 877.2 square metres or about 9.439 square feet.

The supermarket tenant is not affected by the sale. It's understood Costcutter owns the business while Minister Perry is an owner of the building.

Auctioneer Ken Draper said the building was being sold as an investment property, with the benefit of Costcutter as tenants.

Also for sale is the adjoining building containing The Corran Express Buffet and takeaway. This is a 388.6 square metres or 4,184 square feet.

Again, the restaurant tenant is not affected by the sale.

Meanwhile, secrecy continues to surround Minister Perry's arrangements with Danske Bank.

Earlier this year, the Minister and his wife consented to judgement for €2.47m against them in the Commercial Court in Dublin.

Afterwards, Taoiseach Enda Kenny said he had "full confidence" in the Minister for Small Business.

He dismissed Fianna Fail and Sinn Fein demands for clarification in the Dail, accusing them of playing party politics.

Last week, Mr Kenny told RTE's 'Morning Ireland' programme he felt Mr Perry had explained his situation.

He indicated it was up to the Minister if he wished to state the arrangement he had with Dankse Bank.

But Fianna Fail's Jobs Spokesperson Dara Calleary described the Taoiseach's latest support for Minister Perry as 'lukewarm.'

Deputy Calleary called on Minister Perry to make "a full statement" on his bank deal.

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