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22 Drury Street, Dublin 2

Bannon, on behalf of Tom Kavanagh (Receiver), is seeking in excess of €350,000 for no. 22 Drury Street a terraced investment property in the heart of the South City Markets.

This is the fourth sale along the street the agents Bannon have handled in the last 18 months and they are expecting considerable interest for this latest sale.

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Major Development planned for the Airport

Dublin Airport Authority (DAA) is planning a major new business development at the airport. The authority is planning to develop a 20-acre site beside Terminal 2, and is aiming it at the high-tech sector.

The authority has engaged KCAP to lead a consortium of consultants including Bannon Commercial to come up with a masterplan for the entire site.

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€3.9M for Side-By-Side Drive-Through Eateries

McDonald’s and KFC located beside Charlestown Shopping Centre in Dublin

In one of the most unusual investment sales this year, two drive-through restaurants are to be offered for sale beside Charlestown Shopping Centre in Dublin 11.
Joint agents CBRE and Bannon are seeking €3,950,000 for the newly-constructed food outlets which will give investors an initial return of 7 per cent.

The restaurants, rented by McDonald’s and KFC, are well positioned directly adjacent to a new 13,935sq m (150,000sq ft) nine-screen Odeon Cinema and Leisureplex which are scheduled to open next Spring.

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High yielding long term investment in Sligo town centre

Two commercial units within Blessington Business Park, Co. Wicklow have recently come to the market through agents Bannon, acting on behalf of Joint Receivers Kieran Wallace and Sarah Jane Pentony of KPMG.

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Bewley’s Grafton Street Rent Review Case

Interpretation of Rent Review Clause on 78/79 Grafton Street, Dublin 2 by Des Byrne, Director

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DV8 appoint Bannon

Fashion retailer DV8 (www.dv8fashion.com) have instructed Bannon to act jointly with BTW Shiells in relation to their roll out of new stores in 2013.

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Former Bank Branches For Sale

Bannon have been instructed to market the largest portion of a portfolio of former Bank branches which are due to come to the market in the coming weeks.

James Quinlan of Bannon has confirmed that he has been instructed to dispose of 13 of the former bank branches which closed in October last year.

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Palmerstown Shopping Centre Management

Bannon have been appointed management agents for the Palmerstown Shopping Centre, replacing Savills. The centre is anchored by Supervalu and Super Dome Bowl.

The new appointment brings to 4 the number of shopping centres added to the Bannon management portfolio in the last 6 months.

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The Park Building, Rathmines

Bannon has been appointed by Dublin City Council to let the Park Building in Rathmines. The building has an area of 543 sq m and is suitable for crèche, educational or office use.

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Bannon role in creating 81 Hole Golfing Resort in Donegal

Bannon recently acted on behalf of the Rosapenna Hotel (Frank Casey) in the acquisition of the former St. Patrick’s 36 hole Golf Links in Carrigart in North Donegal.