Today's other stories in brief

€500,000 on Foster's Avenue

CHARTERED surveyors Browne Corrigan is quoting in the region of €500,000 for a well-located retail and office building at 111 Foster's Avenue in Mount Merrion, Co Dublin, which is for sale by private treaty. The owners will also consider letting the building at around €30,000 per annum.

The building has a floor area of 111sq m (1,195sq ft) of which 53sq m (570sq ft) is ideal for retail use on the ground floor. The offices overhead have a separate access and can be let separately. The selling agents say the building is likely to be of interest to a range of retail enterprises and professional practices because of its high visibility to passing traffic.

Industrial take-up down 50%

TAKE-UP of industrial buildings in the Dublin area in the three months to the end of June was down 50 per cent on the same quarter in 2009, according to CBRE’s latest market review. The total volume of letting and sales came to 19,364sq m (208,342sq ft) with 98 per cent of activity concentrated on in lettings. In spite of he slowdown in letting and sales in Q2, the overall take up so far this year has reached 77,232sq m (831,317sq ft) , an increase of 43 per cent on the same period in 2009. However, a number of large lettings currently being finalised will bost takeup in Q3.

Citywest plan blocked

AN BORD Pleanála has blocked plans by Citywest to develop a two-storey building for use as a banking facility on the northern side of the N7 Naas Road at the Citywest interchange in Dublin 24. The 1,096sq m (11,797sq ft) building had been planned for a site between a filling station and a motor distributors at Browns Barn.