This article is from page 21 of the 2011-11-22 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 21 JPG
ALLSOP Space has just announced details of its final property auction to take place on Wednesday, November 30. Amongst the 112 lots there will be four Clare sites.
There are two sites at Connolly village up for sale: Lot 33 is a 1.5 acre site at Connolly Village and has a reserve not to exceed € 10k; and Lot 44 is a larger 2.5 acre site at Connolly Village, Ennis, with a reserve not to exceed € 17, 500.
Lot 74 is a freehold derelict building on a 0.93 acres site at Pound Lane/Mill Street, Ennis, with a reserve not to exceed € 55k.
Lot 89 is a site on Childers Road in Ennis with a reserve not to exceed € 7.5k (the lowest reserve featured to date this year). The site is offered with planning permission for a retail unit and two apartments.
The final auction of the year features a broad range of property from 24 of the 26 counties. For the year to date, Allsop Space have sold 214 out of 231 lots raising a total of € 40 million. According to director Stephen McCarthy, “The November auction will pave the way for 2012. We plan to feature more lots at each individual auction next year. Whilst there were suggestions that our September auction was ‘less successful’ than the first two auctions, the figures speak for themselves. € 10 million was realized, with the vast majority of lots successfully selling on the day. Over 80 per cent of those buying at auction are without bank finance which highlights that there are still plenty of investors in a position to invest in real estate in this country.” The Allsop Space Property Auction will take place on Wednesday, November 30, at the Shelbourne Hotel in Dublin.