Written answers
Wednesday, 5 October 2005
Department of Finance
State Property
9:00 pm
Willie Penrose (Westmeath, Labour)
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Question 122: To ask the Minister for Finance the position regarding the planned sale of State property announced; the list of 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. [26644/05]
Tom Parlon (Laois-Offaly, Progressive Democrats)
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My reply to a parliamentary question of 27 April 2005, reference 13351/05, and a parliamentary question of 1 June 2005, reference 18286/05, refers.
| Disposed List of Properties 2004. | |||
| Building | Title | Price | Closing Date |
| â'¬ | |||
| 2 Church Street, Dungarvan, Co. Waterford. | Fee Simple | 337,000 | 12th May 2004 |
| Lad Lane, Dublin 2. | Leasehold — 92 years | 22,500,000 | 5th May 2004 |
| Blacklion Customs Frontier Post Site Cavan | 21,586.23 | 16th March 2004 | |
| 72-76 St. Stephen's Green, Dublin 2. | Fee Simple | 52,300,000 | 15th Sept. 2004 |
| Kilmacthomas G.S., Co. Waterford. | Fee Simple | 100,000 | 13th August 2004 |
| 14/16 Lord Edward Street, Dublin 8. | Fee Simple | 8,780,140.48 | 30th August 2004 |
| Thomastown G.S., Co. Kilkenny. | Fee Simple | 450,000 | 7th December 2004 |
| Total 2004: | 84,488,726.71 |
| Disposed List of Properties 2005 | |||
| Building | Title | Price | Closing Date |
| â'¬ | |||
| Dungloe former SWO, Co. Donegal. | Freehold | 300,003.84 | 5th May 2005 |
| Leighlinbridge G.S., Co. Carlow — (plot of land) | Fee Simple | 165,000.00 | Sept. 2005 |
| Ballinskelligs Old G.S., Co. Kerry. | Fee Simple | 409,693.03 | 30th August 2005 |
| St. John's Road. | 44,916,551.79 | 10th August 2005 | |
| Ashbourne G.S. — Disposal of part of site. | Fee Simple | 2,125,000.00 | September 2005 |
| Kilronan CGS, Galway. Sale of site to Údarás. | 1,416.53 | 14th July 2005 | |
| Galway — 16 Eyre Square. | 9,920.59 | 18th August 2005 | |
| Total 2005: | 47,927,585.78 |
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, premature release of disposal information and timescales would affect the potential income from such disposals. It is proposed to bring the following properties to the market by end of 2005: the former Veterinary College, Shelbourne Road, Ballsbridge, Dublin 4; Nos. 26-27 Eden Quay, Dublin 1; Lynch's Lodge Hotel, Macroom, County Cork; the former Garda station, Ballymore, County Westmeath; the former Garda house, Knocknagoshel, County Kerry; the former Customs post and road station, Bridgend, County Donegal; and the former Garda station, Muff, County Donegal.
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