Former Tommy Hilfiger shop in Earl Street to be sold at auction

The former Tommy Hilfiger store in Earl Street will be amongst one of a number of local buildings going under the hammer at the next Allsop auction in the RDS on July 9^th.

The building at 7 Earl Street, beside McKenna Man, has a reserve of between €350,000 and €375,000.

It has been closed in recent years with the sale including just the basement and ground floor units.

Also going under the hammer on the day will be an office at 6 Anne Street, which has a reserve of between €90,000 and €110,000 and development land at 39, 41 and 43 Quay Street – beside Brodigan’s Londis store – which has a reserve of €25,000.

The Gallagher Property building in John Street, Ardee, will also be sold on the day for a reserve ranging from €90,000 to €100,000 while Ardee Pharmacy at 1 Ashwalk Mews Ardee, will also go under the hammer for the same reserve range.

A residential auction will also take place the day before with two houses in Aisling Park going under the hammer for €20,000 and €30,000 respectively. 40 Drive One in Muirhevnamor will also be put up for auction on the day for a reserve of €20,000, as will 6 Tallansfield Manor in Tallanstown, which has a reserve not to exceed €140,000.

For further details visit www.allsop.ie

Earl Street premises close to being sold

7 Earl Street, the former Tommy Hilfiger premises, has gone sale agreed recently

One of Dundalk town centre’s prime retail units is on the verge of being sold after being marked sale agreed by local auctioneers DNG Duffy recently.

The 8,115sq ft former Tommy Hilfiger store at 7 Earl Street went on the market last year with an asking price of just under €500,000.

Previously owned by PJ McKenna of McKenna Man, it is believed that the unit has been sold to a local investor for below that price.

The store, which includes a ground floor and basement unit, is one of the most prominent in Dundalk and will become the only vacant unit on Earl Street when Dealz opens their new store at the former National Irish Bank branch later this year.

Meanwhile, DNG Duffy are also close to concluding a sale for the office building at 1 Roden Place – a three storey over basement building – which had been on the market for €130,000.

Former Tommy Hilfiger store on Earl Street up for sale

The store on Earl Street

The former Tommy Hilfiger store on Earl Street in Dundalk has gone on the market with local estate agent DNG Duffy within the last week.

The shop at 7 Earl Street closed a year ago after owners McKenna Man – who are based next door – opted to consolidate their business into the one unit.

Built by Knockbridge-based construction company, JP Castle Ltd, less than a decade ago, the building is one of the most eye-catching in the town centre.

It offers retail space of c.4,060sq ft with a total ground floor area of c.4,445sq ft. There is also a basement storage area of c.3,670sq ft.

While no selling price has been revealed for the building, it is understood that it will sell for in the region of €400,000.

You can find out more about the property here.

 

Local businesses fined by Revenue Commissioners

A number of local businesses have been fined by the Revenue Commissioners for tax offences in recent months.

A Knockbridge-based contractor made a settlement of €98,261.02 for underdeclaration of VAT and Relevant Contracts Tax while a Dunleer-based fruit distributor was also fined €53,136 for the underdeclaration of PAYE and PRSI.

Smaller penalties were also imposed on Duffner Brothers jewellers of 40 Clanbrassil Street, Memco Ltd, who operate Lismar B&B at 8-9 Stapleton Place and Welby’s Restaurant Ltd in the Long Walk Shopping Centre, who were all fined €1,250 each for a failure to lodge corporation tax returns.

The businesses were all named in the tax defaulters’ list by the Revenue for the period from July to September 2013.

Another local company fined were Glack Contracts Ltd of Cookstown Cross, Carrick Road, Ardee. They were fined €5,000 for a failure to lodge corporation tax returns.

Meanwhile, taxi driver Damien McKeown of 295 Beechmount Drive, Dundalk, coal man Gerard Mulligan of 33 Fatima Park, Dundalk, painter/decorator Kevin Murray of 81 Clonmore, Hall Street, Ardee and director Elias Marwan of Sheelagh, Hackballscross, Dundalk, were fined €2,500 each for misuse of marked mineral oil.

There was also a €2,500 fine for Gerard Joyce of 21 Road Two, Muirhevnamor, Dundalk, Co Louth for the illegal selling of cigarettes.

Elsewhere, Carlingford publican Alan Johnston of Taaffe’s Pub was fined €750 for failure to hold a current liquor licence.