Clonmel supermarket put up for sale by NAMA

One of Clonmel’s main supermarkets is among a list of buildings and properties which have been put ùp for sale by NAMA.

One of Clonmel’s main supermarkets is among a list of buildings and properties which have been put ùp for sale by NAMA.

The National Assets Management Agency published a list of properties for sale last week and on the Tipperary list was the Super Valu supermarket, at the Poppyfields Retail Park, in Clonmel.

Also on the list is a commercial premises on Queen Street, Clonmel, a commercial premises in Clerihan, developments which has not yet commenced at Old Bridge, Clonmel, Deerpark Cashel, and Monroe East Ardfinnan.

The list includes a number of residential premises in Aherlow and Ballina, in North Tipperary.

The Poppyfields premises has been in receivership for some time and is being offered for sale by the statutory receiver, by private treaty. The supermarket continues to trade.

Expressions of interest have been invited for submission before 12 noon on Thursday, August 4.

The former Centra store in Clerihan is also in receivership and has been closed to customers for several months. It is for sale by private treaty and expressions of interest are again to be submitted by 12 noon on Thursday.

The receiver for both premises is Declan Taite (Statutory Receiver) RSM Farrell Grant Sparks.

Receivers for the Queen Street property are Grant Thornton.

Almost 1,000 properties were put up for sale by NAMA, last Thursday, ranging from quarries and creches to city apartments.

Bosses at NAMA insisted they were not running a ‘fire sale’ and are keeping asking prices and bids confidential, but it is expected that many properties on the list will have to be sold at seriously discounted prices.

Potential investors are being advised that if they see a property they are interested in, on the NAMA website listing, that they contact the receiver handling the sale. The sale will function like any normal property sale.