Kerryman/AIB Building On Denny Street Sells For €960,000

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The Kerryman building on Denny Street which sold at auction this morning.

THE building which currently accommodates The Kerryman newspaper and AIB offices sold this morning at auction for €960,000. This was €85,000 over the reserve price.

The tenants will not be affected by the sale.

The property had a reserve range between €825,000 to €875,000. It was one of three Tralee properties sold at the Allsop Auction at the RDS Dublin today.

The others sold were The Park Guesthouse on Denny Street for €275,000 (it had a reserve range of between €260,000 and €290,000)  and Unit 1 Collinswood, Monavalley Industrial Estate, which sold for €170,000. This was over the reserve range of between €130,000-€140,000.

There is another auction of properties this Thursday where four more Tralee properties will go under the hammer.

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