THE former Dublin offices of the Guinness & Mahon Bank, the company's headquarters for over 120 years, is expected to make about £300,000 when it is sold at auction on July 16th by Finnegan Menton.
Frequently referred to as a "flying freehold", Irish Permanent is selling the four floors over its new branch office at 16/17 College Green. There is a separate access and a lift to the four upper floors, which have a total of 4,665 square feet. Irish Permanent recently moved its Dame Street office to the ground floor in College Green when Guinness & Mahon relocated to a new headquarters building beside the Conrad Hotel on Earlsfort Terrace.
The Victorian city centre building was rebuilt in the 1930s and is laid out in a mix of open-plan and partitioned offices and board-rooms, which are in need of refurbishment.
Nicholas Corson of Finnegan Menton said he expects the building will be of particular interest to financial services companies because of its location beside the Central Bank. It would also suit a whole range of professional companies including stockbrokers, insurance brokers, accountants and solicitors. There was also scope to convert the upper floors into apartments. It is located in an area where many of the buildings have been upgraded in recent years.
