Bannon - Lands at Main Street, Dunboyne, Co. Meath

Case Study

Lands at Main Street,
Dunboyne, Co. Meath

The Task

The Parish of Dunboyne identified lands adjoining as being surplus to their requirements and as a potential means of raising funds for the Parish. Bannon were approached to advise on the optimum method of disposal and how to maximise the potential of the lands.

The Skills

Bannon were appointed as agents given our previous experience and expertise with the disposal of lands owned by religious institutions. The surplus land, extending to 3.54 acres, included a surface car park which was used by parishioners and churchgoers and needed to be replaced/relocated. An alternative car park location was identified in conjunction with the design team on lands to be retained by the parish. Potential purchasers were provided with the specification of the proposed car park and were requested to incorporate the provision of this as part of their bid proposals.

The Result

A competitive bidding process saw the property transacted at a price substantially above the guide. The purchaser will complete the proposed car park, subject to planning permission, on behalf of the Vendor to the required specification.

Testimonial

“St. Finian’s Diocesan Trust engaged Bannon as a joint selling agent in respect of the lands at main Street, Dunboyne, Co. Meath. We found Bannon to be thoroughly professional in their approach, and their market knowledge in this sector contributed greatly to achieving a successful sale.”