The landmark Stafford riverside site in New Ross has been sold.
Placed on the market in May with a guide price of €1.8m, the sale was finalised last week.
“It was bought in trust by a solicitor in Waterford,” auctioneer Anne Carton of PN O’Gorman who are handling the sale, said.
A few tenders were received for the high profile 8 Acre (3.2ha) site, indicating strong interest in property in New Ross, according to Ms Carton.
Coming with extensive river frontage, the old Stafford’s site – which is leased by the Wexford company from Limerick based Grassland Agro – came to the market for the first time in generations earlier this summer.
“The sale of this landmark site presents one of the last opportunities to acquire an outstanding prime parcel of mixed-use zoned land in the town centre allowing for hotel, residential and various commercial uses,” said Ms Carton in the sales brochure.
Currently used for portal activities with warehousing and former customs offices, the site running beside the South East Greenway and located within walking distance of all local amenities is zoned mixed use.
When asked if the site sold for its asking price or above, Ms Carton said: “We are very pleased. It was a very successful sale. It really gives a vote of support for New Ross because we had a good bit of interest. There were a number of people interested in the sort for a number of different uses.”
She said commercial property sales are going strong in the town at present.