Wednesday, 13 November 2013
REAL ESTATE ALLIANCE INSTRUCTED TO SELL DEPARMENT OF DEFENCE PROPERTIES AT AUCTION
REA announce a series of auctions to take place throughout Ireland in December. The group have been instructed by the Department of Defence to sell 10 properties by Auction with an estimated value of €750,000.The auctions will take place in Killarney, Limerick & Carrick-on-Shannon featuring a mix of property types. The announcement of these auctions is timely with Real Estate Alliance members having seen experiencing positive shift in the property market since the beginning of 2013.
The first auction will take place in Killarney’s International Hotel on Wednesday the 4th of December at 3pm. This auction will feature two properties. The first is the Old Garda Station in Killarney which is being handled by REA Coyne & Culloty of Killarney. This property is located in the centre of Killarney town on a c 0.25 acre site with a large yard to the rear.
According to Donal Culloty, “the property is ideally located in the centre of Killarney town and given the large site as well as the rear access there are many different uses that can be considered on redevelopment This property would make the perfect location for a suite of offices or alternatively a great location for a restaurant” AMV on this property is €175,000
The second Property to be Auctioned by Eddie Barrett of REA North’s, Tralee, is "An Halla Slua", Grey's Lane , off Green St., Dingle , Co. Kerry. This single storey building of c.198 m2 / 2133 sq.ft. , is in a very central location of this busy Tourism Town. It is in need of considerable refurbishment & renovation. REA North’s, the Auctioneers, are guiding €65,000.
The second auction will take place in Limerick’s Strand Hotel on Thursday the 5th of December at 3pm. This auction will feature three properties.
An industrial site at Ballyurra,Kilrush, Co. Clare is for sale with REA Paddy Browne, Ennis. The Industrial site of c 0.6 acres is situated close to the Kilrush Industrial Estate on the Cooraclare / Limerick Road. According to Liam Browne of REA Paddy Browne, Ennis, “The property represents exceptional value and it suitable for a variation of uses”.
The second property for auction in Limerick is Sluagh Hall, the Training hall for the Department of Defence in Midleton, Co. Cork. According to Michael O’Donoghue of REA O’Donoghue Clarke, Cork City, “this property is a prominent and strategically positioned property with a large corner site, zoned town centre. The floor area extends to 576 Sq. M (6205 Sq Ft) with the site c. 0.2124 Hectares ( 0.52 Acres). This property would be suitable for a variety of uses subject to PP. The AMV is €100,000.
The third property for sale by Auction in Limerick is Old Weslyan Hall in Thurles. This property is being handled by REA Seamus Browne, Roscrea. According to Seamus Browne, “this is a unique property with a historical background dating back to c.1848. This property is ideally located in Thurles town centre. The building stands on one corner of the site with a large car park to the side and has good road frontage. It is ideally suited for a number of commercial activities subject to the necessary consent”. The AMV for this property is €38,000.
The final auction will take place in Carrick-on-Shannon’s Bush Hotel on Friday the 6th of December at 3pm. There are five properties for Auction on this day including an old technical school, an Old Garda Station and a purpose built training premises. The auction features the former reserve defence force facilities in Roscommon town. According to selling agent Seamus Carthy of REA Carthy, “this high profile, quality building with a substantial site area (0.8 acres), offers an exceptionally rare opportunity to acquire a high profile commercial piece of real estate in the heart of the County Town. The property consists of a Detached Single Storey Building comprising of office and meeting room accommodation together with Toilet and Shower Facilities”. The AMV for this property is €125,000.
The Old Garda Station, Cannon Street, Kells, Co. Meath is also for Auction on the 6th of December in Carrick-on-Shannon. The property is a two storey 19th century natural stone listed building that has been extended and refurbished. The accommodation includes a large reception area, private offices, meeting or conference rooms, canteen, shower, changing rooms and four prison cells. The gross internal floor area is c. 370 sq.m. and the site area is c. 640 Sq.m. According to Tom Gavigan of REA T&J Gavigan, Kells, “It is suitable for a variety of uses including business, community and services companies (subject to planning approval)”. The AMV for this property is €70,000.
The Manorhamilton property extends to over 500m2 on a site of approximately 0.5 acre and was used as a Primary & Technical School in the past prior to being used as a Reserve Defence Force training centre in more recent years. Agent Roger McCarrick of REA McCarrick & Sons says "The property is located in Manorhamilton town centre and has potential for a wide variety of uses subject to standard planning requirements”. The AMV for this property is at €50,000.
A former RDF purpose built training premises situated on c. 0.5 acre site in Milford, Co. Donegal is also being at the Carrick-on-Shannon auction on the 6th of December. The Property’s AMV is at €35,000 and according to Paul McElhinney of REA McElhinney, “This property requires modernization but offers development potential as the site is well located within the town boundary”.
A former training centre at The Mullins, Donegal Town is the final property up for the Auction on the 6th of December. The former Army Training Centre is on c. 0.25 acres with extensive tarmac area with facility for parking. According to Michael McElhinney of REA McElhinney Bundoran, the property would have potential as a distribution facility and is well located in the centre of Donegal town, beside the Donegal post office. The AMV for this property is €50,000 and it represents excellent value”.
According to Philip Farrell, CEO of Real Estate Alliance, “The auction was initiated by the Department of Defence following the announcement some months ago of their intention to dispose of various types of properties which had become surplus to their requirement.
Further information about the auction can be obtained by logging onto www.realestatealliance.ie or by calling 01 6699996. Contact the local agents to arrange viewings on the following numbers:
LIST OF PROPERTIES
Killarney’s International Hotel on Wednesday the 4th of December at 3.30pm
KERRY, Killarney – Old Garda station.
Confirmed AMV €175,000
Contact - Donal Culloty – REA Coyne & Culloty Killarney 064 66 31274
KERRY, Dingle – One storey building.
Confirmed AMV €65,000
Contact – Eddie Barrett of REA North’s, Tralee – 066 7122699
Limerick’s Strand Hotel on Thursday the 5th of December at 3pm
CLARE, Kilrush – Site at Industrial Estate.
Confirmed AMV - €25,000
Contact Liam Browne – REA Paddy Browne, Ennis. 065 6841755
CORK, Midleton – Sluagh Hall, training hall.
Confirmed AMV - €100,000
Contact Mick O’Donoghue – REA O’Donoghue & Clarke, Cork - 021 4251010
TIPPERARY, Thurles – Old Weslyan Hall.
Confirmed AMV €38,000
Contact – Seamus Browne of REA Seamus Browne, Roscrea – 0505 23158
Carrick-on-Shannon’s Bush Hotel on Friday the 6th of December at 3pm.
LEITRIM, Manorhamilton – Old technical school.
Confirmed AMV €50,000
Contact – Roger McCarrick of REA McCarrick, Sligo – 071 9185050
The Old Garda Station, listed building, Cannon Street, Kells, Co. Meath
Confirmed AMV €70,000
Contact - Tom Gavigan, REA T&J Gavigan, Kells, Co. Meath. 046 9240045
ROSCOMMON town – Purpose built training premises.
Confirmed AMV €125,000
Contact – Seamus Carthy of REA Carthy, Roscommon – 094 9625990
DONEGAL, Milford – Purpose built training premises.
Confirmed AMV €35,000
Contact – Paul McElhinney of REA McElhinney Milford, 074 9153414
DONEGAL town – A former Training Centre
Confirmed AMV €50,000
Contact - Michael McElhinney of REA McElhinney Bundoran, 071 9841261
For information on the Auction,
log onto www.realestatealliance.ie or by calling 01 6699996