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(Pic: Allsop Space)
A GOLF COURSE and a four storey office block are among the lots being sold at an auction next week being descibed as “record breaking” by organisers.
The auction will be held next week at the RDS Concert Hall in Dublin and will have 150 commercial and residential properties with a combined valuation of about €23 million.
The public auction is being held by Allsop Space with the venue being changed after a similar auction in July was abandoned after protestors from various groups gained access to the auction room forcing organisers to halt the proceedings.
Protests also took place at an Allsop auction at the RDS last month with the auctioneers having to confirm that no repossessed homes had been sold.
Ahead of next Tuesday’s auction, Allsop have reiterated that no repossessed family homes would be sold at any of their auctions.
The most expensive property being sold is a €2.8 million valued four storey office block in Limerick, River House on Charlotte Quay. The property is currently being occupied entirely by the Office of Public Works at an annual rent of between €340,000-€370,000 a year. The current lease with the OPW lasts until 2022.
Another of the notable lots set to go under the hammer is an 18-hole golf course together with a golf club, practice area and pitch and putt course. Woodlands Golf Course situated north west of Naas, Co. Kildare is on a 127 acre site and has a current tenancy agreement that expires at the end of this month.
Woodlands golf course and golf club. (Pic: Allsop Space)
The most expensive residential house up for grabs in the auction is a five-bedroom semi-detached period home (top picture) on the Lower Drumcondra Road which has a reserve of between €500,000-€550,000.
The auction catalogue shows that about 90 out the properties up for sale are available at under €100,000.
The auction takes place next Tuesday 10 December 10th with registration beginning at 9 AM and the auction itself at 11 AM.
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Can we please stop propagating the lies of the English media? Brexit did the damage, not the protocol.
@James Pelow: Very well said. They’re actually using it as a distraction. And it’s drawing us into something that has nothing to do with us. Brexit is the problem. End of story.
You can’t hold a poll asking people if they think the Protocol is good for Northern Ireland without clarifying what the alternative is.
That’s like asking a child if they think the settlement that their parents agreed to after divorce is good.
Let’s be clear… article 16 does not end the protocol. It can suspend a part of it for a short period of time. When the UK says it will trigger A16, call it out for what they want to do….they want to scrap it and force a border on the island of Ireland or a border between Ireland and EU. That’s their plan and I believe it’s been the plan all along. This mess has been made by the UK and the protocol is a plaster. The GB companies that send those goods that will never end up back in the EU (including ROI) need to be better catered for. The issue is that there is no trust between the UK and EU as, so far, the UK hasn’t implemented main parts of the protocol so all at risk goods must be considered guilty until proven innocent.
Ok theJournal…. Time to correct your headlines… “Is Brexit bad or good for firms in Northern Ireland?”
The protocol is a workaround to the main issue, Brexit..
While I’ve no doubt it has caused some legitimate disruption for businesses heavily linked to GB, how did the study take into account costs (for consultancy etc) that would’ve been incurred without the procotol because they also trade with the EU?
Or how did it take into account all the paperwork NI businesses save because they can trade with the Republic and the rest of the EU freely?
All these analyses seem to assume that trade with Ireland was either insignificant, or its continuity was a a given (neither of these are true) and that any disruption with GB is a cost without any quantifiable benefit (again not true).
It’s not the protocol that’s not working. It’s brexit that’s not working.
How dare the EU break away from the United Kingdom. They’ve made things very difficult for everyone, especially the Brits!
By leaving the CU and SM and going for a Sharia Brexit GB turned itself into a legal and regulatory Kaliningrad. Their call-their choice…If they hadn’t CHOSEN that there would be no protocol. They want a hard border in IRL or IRL out the the EU-they will get neither but what they will get is humiliation.
It is improving trade between north and south.
have your say