A NUMBER OF large properties will go under the hammer at the latest Allsop Space auction in Dublin.
The auction, which will start at 9am this morning at the RDS, will see up to 200 properties up for sale with a combination of commercial, residential and land on offer. The reserve total is €37 million but the true value of the lots will only be known after the hammer drops.
Some of the most coveted items so far include this derelict listed mill building in Kilcarbry, Enniscorthy, in Wexford:
The mill has a reserve set at €40,000 and has already been generating a lot of pre-auction calls, according to Allsop Space.
This Georgian building in Dublin’s Merrion Square is also up for grabs with a reserve of €900,000 to €1 million:
Other prime lots in Dublin include six apartments along the canal in Phibsborough, and a first floor apartment on Parliament Street with a reserve of €120,000.
Director of auctions at Allsop Space Robery Hoban said 79 per cent of the visits to the company’s site originate from the local regions within Ireland. He said it was a “welcome development and a powerful endorsement of the local markets”.
Hoban also reiterated that the auctioneers guarantee that they will not sell any repossessed family homes or any property subject to a legal dispute. This follows a number of protests at Allsop auctions against the sale of distressed properties.
In February, Director of Allsop signed an agreement to this effect with action group Friends of Banking Ireland after they staged a sit-in at the auctioneers’ office.
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