Bank in the centre of Tullamore is up for sale for a staggering price

A bank in the centre of Tullamore is up for sale for a staggering price. The AIB bank on Columcille Street in Tullamore is for sale.

The 6,054 sq. ft. building is listed on Daft.ie and is being sold by private treaty as an investment property for €1,400,000 by Turley Property Advisors.

The property is described as a traditional end of terrace three-storey building with a three storey extension to the rear.

It comprises a purpose-built bank constructed circa 1940s-1950s. A three story extension was added to the rear approximately 30 years ago.

The original building is generally of traditional construction under a pitched slate roof with a concrete flat roof and asphalt coverings to the extension.

To the rear of the property fronting on to The Mall Shopping Centre there is a small enclosed yard and boiler room.

The entire property is currently let to Marro Properties Limited (AIB) at a rent of €199,000 per annum. The lease commenced on February 26, 2010 and ends on February 25, 2030 with a tenant option to break on February 2, 2025.

The grounds are L shaped with frontages to William Street and internally to The Mall Shopping Centre.

The ground floor accommodation comprises an entrance hall with ATM machines banking hall to include electronic banking wall, ancillary space, and stores.

The first floor is in office use and the second-floor accommodation comprises staff canteen and stores.