Roscrea Post Office on Market Square
AN Post has appointed auctioneering firm Cushman Wakefield to handle the sale of 12 town centre post offices - including the buildings in Roscrea and Thurles town centres.
The Thurles building on it’s prominent site on Liberty Square is available with an asking price of €230,000 and the Roscrea property which has a commanding presence on Market Square at the junction of Main Street and Castle Street is listed for €175,000.
The buildings are for sale on the Offr website by private treaty and the estate agents and the website previously partnered up to sell 40 former Ulster Bank buildings after the branches closed down.
The Thurles building has been vacant since 2019 when the company decided to relocate the Post Office to a retail unit at Thurles Shopping Centre.
Two of the Post Offices at Thurles and at Ballyhaunis, are offered with vacant possession and the other buildings offer investor/buyers rental income from ground floor post offices plus other opportunities.
The other ten buildings outside Tipperary are in Bantry, Skibbereen, Kinsale and Macroom in County Cork; Athenry, Loughrea, Tuam in County Galway; Ballyhaunis and Westport in County Mayo and Boyle, in County Roscommon.
Ten of the properties will offer the new owners rental income via postmaster services on site and the potential for other uses within the buildings, especially overhead.
The 12 post offices, plus a site located in seaside Bantry, in West Cork, are expected to raise over €3-million.
An Post is implementing a strategy of handing retail post office services over to a network of private postmasters especially ones that are co-located with another commercial operation.
According to An Post the sale “will ensure continuity of trade in these locations while at the same time providing a significant development opportunity in each town.”
As mail delivery offices have moved to new, purpose-built premises elsewhere the An Post spokesperson added the public post offices occupy a relatively small portion of the overall sites around the country.
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