Limerick BoI headquarters sold for €10.5m

first_imgWhatsApp Email Print Limerick’s National Camogie League double header to be streamed live Facebook Advertisement WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads RELATED ARTICLESMORE FROM AUTHOR Twitter NewsLimerick BoI headquarters sold for €10.5mBy Staff Reporter – May 18, 2016 1364 center_img Limerick Ladies National Football League opener to be streamed live TAGSBank of Irelandlimerick Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Linkedin The Limerick headquarters of Bank of Ireland has been sold for €10.5mTHE Limerick headquarters of Bank of Ireland on O’Connell Street has been bought for €10.5m by a private investor it has emerged this week.The sale of the building comes at a post boom loss of more than €6m to the original buyer.The property which sits on the junction of Limerick’s main thoroughfare and Bedford Row was sold by Knight Frank who had acquired the building for its previous owner in €17m euro deal during the property boom.Sign up for the weekly Limerick Post newsletter Sign Up This week, the three storey, 2,095sqm building changed ownership to an unnamed private investor.Bank of Ireland hold a 25 year lease on the property which was signed up to in 2006 and rent the building for €685,736 pa and is subject to upwards only rent reviews every five years. Previous articleLimerick man fired rifle out bedroom window for ‘target practice’Next articleLimerick parenting group told on importance of strong relationships Staff Reporter Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img