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Tag Archives: for sale

Flagship store comes to market

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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The Fairways put on the market

By Jessica Quinn THE controversial apartment complex in Ennis known as The Fairways has been put on the market for just €75,000, with members of Ennis Town Council urging that the property described as a “blight on the landscape” be bought by the local authority. Last summer the privately owned building near Marian Avenue hit the headlines when it was heavily criticised by council members calling for something to be done with the derelict site that was deemed not fit for human habitation. This week at a meeting of Ennis Town Council, Councillor Brian Meaney requested that a loan be raised to purchase and renovate the apartment complex for the provision of appropriate social housing. He acknowledged that the property is in “very poor condition” however he said that sum of €75,000 for the complex is “paltry”. “It’s well within the ability of Ennis Town Council,” he added. Responding to the motion, town clerk Leonard Cleary stated, “This property is …

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