The Clare Champion Clare news, sport, entertainment and local notes
A LANDMARK building in the heart of Ennis has come onto the market, with a price tag of €2.25 million. The flagship store in the Carraig Donn Group on O’Connell Square has been put up for sale as a retail investment, with the existing occupier’s lease running until 2026. The tenant is not affected by the sale. Paddy Darmody of selling agents, Sherry FitzGerald McMahon, Ennis, is expecting a lot of interest in the property. “It’s a landmark building, with a tenant who has 38 other shops in the country, with plans to open three more this year and a strong online presence. With a current annual rental income of €155,000, the sale of this property offers the superb opportunity of acquiring a prime, easily managed retail investment, at a time when returns from cash and other investment vehicles are at an all-time low,” he said. Mr Darmody pointed out that the building is situated in a prime location in …
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