£400,000 in Galway

A RETAIL building, which has been in operation for 77 years at 3 High Street, Galway, is expected to make between £300,000 and…

A RETAIL building, which has been in operation for 77 years at 3 High Street, Galway, is expected to make between £300,000 and £400,000 when it is sold by tender on November 22nd through Galway-based Cunningham Auctioneers. Sonny Molloy's drapery shop, J Naughton and Co., is located in an area which has experienced a considerable boom in recent years. The ground floor shop has a floor area of 640 square feet with almost the same area in the basement store. The three upper floors are currently used as residential accommodation.

Terry Cunningham of the agents says the sale offers a once-in-a-lifetime opportunity to an owner-occupier or an investor to buy a well located retail premises in Galway's fastest growing location".