MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • Over €12m raised at Allsop Space auction
Uncategorized
May 15, 2013 - 16:03

Over €12m raised at Allsop Space auction

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
Over €12m raised at Allsop Space auction

Just over €12.1m was raised at today’s Allsop Space auction in the Shelbourne Hotel in Dublin.

A total of 125 lots were registered for the second auction of the year with 96 selling on the day for a sum total of €12,105,500. Two further lots sold prior to auction.

The biggest sale of the day was McDaniel’s Pub in Brittas Bay, Co Wicklow, which sold for €755,000 - €80,000 above its reserve.

Other notable sales were the €440,000 achieved for the Riverside Suites Hotel in Millbrook, Co Sligo - €295,000 above its reserve - and the €420,000 that was paid for 10 North Circular Road in Dublin 7 - €100,000 above its reserve.

Advertisement

The sale of the Riverside Suites was the second largest percentage sale above its reserve at 203.5%, just behind a house and lands at Meelaguleen, Ballinskelligs, Co Kerry, which sold for €207,500, 219.2% above its €65,000 reserve.

In total 18 lots failed to sell on the day, with nine being withdrawn from sale.

Amongst the properties that failed to sell were 11 retail units at the Finglas Shopping Centre in Dublin, which had a reserve of €1.3m and a unit in the Market Cross Shopping Centre in Kilkenny, which had a reserve of €625,000. The fact that these types of properties failed to sell meant that the yield was 31.3% below the total reserve amount of almost €18m.

Full results can be found here.

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • Allsop Space
  • auction
  • Brittas Bay
  • Dublin 7
  • McDaniels Pub
  • Millbrook
  • North Circular Road
  • reserve
  • Riverside Suites Hotel
  • Shelbourne Hotel
  • Sligo
  • Wicklow
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement