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State Property.

Dáil Éireann Debate, Wednesday - 27 April 2005

Wednesday, 27 April 2005

Questions (36)

Breeda Moynihan-Cronin

Question:

62 Ms B. Moynihan-Cronin asked the Minister for Finance the position regarding the planned sale of State property announced; the property sold to date and the amount raised; the way in which the money used has been raised; the properties it is planned to sell during 2005; and if he will make a statement on the matter. [13351/05]

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Written answers

The information is set out in the table.

Building

Title

Price

Closing Date of Sale

2 Church St., Dungarvan, County Waterford

Fee Simple

337,000.00

12 May 2004

Lad Lane, Dublin 2.

Leasehold — 92 years

22,500,000.00

5 May 2004

Blacklion Customs Frontier Post Site — Cavan

21,586.23

16 March 2004

72-76 St. Stephen’s Green, Dublin 2.

Fee Simple

52,300,000.00

15 September 2004

Kilmacthomas G.S., County Waterford

Fee Simple

100,000.00

13 August 2004

14/16 Lord Edward Street, Dublin 8.

Fee Simple

8,780,140.48

30 August 2004

Thomastown GS, County Kilkenny

Fee Simple

450,000.00

7 December 2004

Total 2004:

84,488,726.71

Dungloe Former SWO, County Donegal

Fee Simple

300,000.00

25 April 2005

A site beside the Garda station in Leighlinbridge, County Carlow, was sold at auction on 26 March 2005 for €150,000. Sale is due to close shortly. A site at St. John's Road, Westgate, is to be sold, jointly with Eircom, by public tender on 26 May 2005. A site at Ashbourne Garda station is due to be sold at auction in June.

The bulk of the proceeds of these sales will go to finance the decentralisation programme while €10 million of the proceeds has been applied to priority projects, mainly in the Garda area. Identification of properties surplus to requirements is continuously evolving and it is not possible to confirm what further properties will be disposed of in the remainder of 2005. Premature release of disposal information and timescales would also affect the potential income from such disposals.

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