Third tranche of Ulster Bank bank branch premises comes for sale

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Third tranche of Ulster Bank bank branch premises comes for sale
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Fifteen properties in Cork, Kildare, Offaly, Louth, Roscommon and Mayo for €100,000-€850,000

Agent Cushman & Wakefield is inviting offers for the third and final tranche of properties in Ulster Bank’s former bank branch network. There are 15 premises available for sale in this phase of the process, which is taking place as part of the bank’s ongoing withdrawal from the Irish market. Thirteen of the properties are freehold/long-leasehold while the remaining two buildings are leasehold.

The 13 freehold/long leasehold interests are on high-profile pitches across the country. These include St Patrick Street and Winthrop Street in Cork city; Maynooth, Co Kildare; Tullamore, Co Offaly; Ballina, Claremorris and Castlebar in Co Mayo; Roscommon; Dundalk and Drogheda, Co Louth; Dungarvan and Waterford city, Co Waterford; and Kilkenny.

The commencement of the third and final phase of the process follows the launch earlier this year of the sale of 35 of Ulster Bank’s bank branch buildings. The most recent of these launches saw the bank’s high-profile premises at number 33 College Green in Dublin being offered to the market at a guide price of €13.5 million.

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