Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Allsop Space

Old Tipperary convent snapped up for €115,000

A Georgian mansion in Dublin was also sold for over €1 million at today’s distressed property auction.

ANOTHER DAY, ANOTHER distressed property.

The latest Allsop Space auction took place in the Shelbourne Hotel in Dublin earlier today with 118 lots going under the hammer.

Just eight properties failed to sell during the bidding, with the majority reaching prices well over their reserves. A total of nine lots were withdrawn prior to the start of the auction.

One of the more high-profile lots on offer was the former Sacred Heart convent in Roscrea, County Tipperary which sold for €115,000. Set on five acres, the buildings include a school, a retreat house and accommodation that date back to 1845. The sisters who resided in the convent closed their doors in 2009.

Another lot that attracted interest was a 39-bedroom hotel on the River Shannon in Leitrim.

The Shannon Key West Hotel, which has been put into receivership, eventually went to the highest bidder for €400,000, a full €100k over its reserve price.

Just one buyer paid in excess of €1 million for their purchase today. A Georgian mansion on Fitzwilliam Place in Dublin had a reserve of €850,000 but was bought for €1.11 million. Close to St Stephen’s Green, the main building is vacant but the accompanying Mews House is subject to a tenancy at a current rent of €1,650 per month.

A Cork city corner pub called Paddy the Farmers was sold for €485,000 – just €5,000 above the reserve price, while a Kilkenny city bar An Poc Fada went for €370,000.

Imperial House, a landmark building in Charleville that comprises of three retail units, seven apartments and a bedsit was purchased for €465,000.

A three-bed house beside a harbour in Roscommon almost tripled its reserve price and was bought for €141,000 by a bidder, while a three-bed in Limerick was sold for more than three times its reserve at €106,000.

One of the cheaper properties on offer was this three-bed detached home in Roscommon.

It sold at €48,000, just above its reserve.

Although it doubled its reserve price, this former barber shop in Kilmacthomas, Waterford was snapped up for €31,000. The former Londis in the same village was taken at €55,000.

The absolute bargain basement deal of the day though was for these two derelict cottage in Shillelagh, county Wicklow which sold for €22,000.

All images: Allsop Space

Earlier: Sacred Heart convent in Roscrea for sale for €100,000>

See all the results from the auction here>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
18 Comments
    Install the app to use these features.
    Mute Larissa Caroline Nikolaus
    Favourite Larissa Caroline Nikolaus
    Report
    Feb 22nd 2016, 12:27 PM

    The guy asked for it, so what’s the issue?

    99
    Install the app to use these features.
    Mute Cowboys Ted
    Favourite Cowboys Ted
    Report
    Feb 22nd 2016, 12:29 PM

    I don’t know what to make of this.

    43
    Install the app to use these features.
    Mute Joe Carey
    Favourite Joe Carey
    Report
    Feb 22nd 2016, 12:32 PM

    This news is only about 4 days old.

    41
    Install the app to use these features.
    Mute IrishGravyTrain
    Favourite IrishGravyTrain
    Report
    Feb 22nd 2016, 1:47 PM

    Thats a disgrace Dan. Anyone ring Joe?

    9
    Install the app to use these features.
    Mute Del Haven
    Favourite Del Haven
    Report
    Feb 22nd 2016, 2:54 PM

    Dan, that’s terrible, I hope everyone is ok.

    6
    Install the app to use these features.
    Mute Dan Waters
    Favourite Dan Waters
    Report
    Feb 22nd 2016, 12:32 PM

    at a university’s student union S&M is now art, so 1970s

    18
    Install the app to use these features.
    Mute Niall O Neill
    Favourite Niall O Neill
    Report
    Feb 22nd 2016, 12:46 PM

    Did he call him a pansy, patsy or pussy?

    16
    Install the app to use these features.
    Mute Dave Meagher
    Favourite Dave Meagher
    Report
    Feb 22nd 2016, 3:50 PM

    Pony

    10
    Install the app to use these features.
    Mute Shane from Harlequin
    Favourite Shane from Harlequin
    Report
    Feb 22nd 2016, 1:31 PM

    These people have too much time on their hands.

    10
    Install the app to use these features.
    Mute The Girl
    Favourite The Girl
    Report
    Feb 22nd 2016, 12:37 PM

    Who’s Shia LaB…?

    9
    Install the app to use these features.
    Mute Jax Maxwel
    Favourite Jax Maxwel
    Report
    Feb 22nd 2016, 12:34 PM

    Not much of a video with no sound, not much of a video with sound either I would imagine.

    9
    Install the app to use these features.
    Mute Derek Walsh
    Favourite Derek Walsh
    Report
    Feb 22nd 2016, 1:00 PM

    Imagine being in a lift with Shia LaBeouf and asking *him* to punch *you* in the face.

    9
    Install the app to use these features.
    Mute Kirk Van Houten
    Favourite Kirk Van Houten
    Report
    Feb 22nd 2016, 12:45 PM

    Your man’s accent is very annoying

    8
    Install the app to use these features.
    Mute Jho Harris
    Favourite Jho Harris
    Report
    Feb 22nd 2016, 12:39 PM

    Have you got rid of your staff, who is Shia The Beef and why would anyone care what he thinks is art?

    8
    Install the app to use these features.
    Mute Sean Johnston
    Favourite Sean Johnston
    Report
    Feb 22nd 2016, 3:25 PM

    Actor who culturally debased himself by agreeing to appear in more than one Transformers movie continues to beg the worlds artistic community for forgiveness.

    6
    Install the app to use these features.
    Mute Paddy Ryan
    Favourite Paddy Ryan
    Report
    Feb 22nd 2016, 5:57 PM

    For the money he was offered you’d have gotten Laurence Olivier to come back from the dead to star in it.

    3
    Install the app to use these features.
    Mute Paul Radburn
    Favourite Paul Radburn
    Report
    Feb 22nd 2016, 3:38 PM

    A kick in the b0ll0x would be more arty

    3
    Install the app to use these features.
    Mute An Observer
    Favourite An Observer
    Report
    Feb 22nd 2016, 2:38 PM

    Sure….why not?

    3
    Install the app to use these features.
    Mute Tadgh Smith
    Favourite Tadgh Smith
    Report
    Feb 22nd 2016, 7:10 PM

    Meanwhile, in other news a picture of a Kitten on the internet today was adjudged to be “cute”.

    1
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds