The upcoming Allsop Space investment and residential property auction has been scheduled to take place on October 15th. The event intends to bring 115 properties, with combined reserves of € 11million, to auction.
Mr. Robert Hoban, director of auctions for Allsop Space, advised that the properties will “house the future businesses and enterprises that will support jobs, growth and investment all across Ireland”
He added: “the people who will come here to buy shops, factory units and offices are the people who will work to get Ireland out of its current difficulties”
Of the investment properties up for auction, there are several noteworthy additions, including the 24-bedroom Grant’s Hotel, in Co. Tipperary, which has a reserve range of € 350,000 – € 400,000; along with the 46-bedroom Hilamar Hotel in Co. Westmeath, with a reserve range of between € 285,000 – € 325,000; and the Friary Pharmacy in Co. Tipperary, with a reserve of €200,000.
There are also several, key residential properties of interest including; a four-bedroom house on Phoenix Hill in Dublin 8, with a reserve of €350,000; a mid-terrace house, with sea views, in Blackrock, with a reserve of €250,000; and a full residential estate in Co. Mayo, with a reserve of €400,000.
After announcing the details of the auction, Allsop Space also took the opportunity to reaffirm its pledge not to offer any repossessed family homes at this or any future auction.
Mr Hoban added; “Essentially the purchasers here are buying the cradles of Ireland’s future prosperity”