Longford Chamber of Commerce HQ 'Harbour House' sells for €190,000 at public auction
The new owner of Longford Chamber of Commerce's former headquarters is not believed to be from the immediate area.
Harbour House, a listed building, located at Market Square, Longford town changed hands at a public auction last Thursday for €190,000.
The final sale price, some €40,000 above its initial guide price, raised more than a few eyebrows among those who watched proceedings unfold at the Longford Arms Hotel.
A total of five bidders took part in the auction, which opened at the €100,000 mark.
Within a matter of minutes, that figure increased to €135,000, leading auctioneer Fintan McGill of Sherry Fitzgerald McGill to confirm that the property would be sold.
That sparked further action from the floor with the bidding eventually tapering off at €185,000 before ultimately selling for €190,000.
The property spans 1500ft and comes with ten parking spaces to its rear, a state of the art security system, together with a yearly rent of €7,200.
It's a figure which could rise still further after Mr McGill revealed prior to the auction commencing that the Chamber might seek to rent a room until it manages to find a suitable office of its own.
Speaking afterwards, Mr McGill admitted he had not anticipated the property to fetch such a sum.
"I expected it to make around the €155,000-€160,000 mark, judging from the level of interest in the last week which was quite a good level of interest," he said.
At the Chamber's recently held AGM, members unanimously passed a motion from the directors of the property to sell the building, thereby bringing the curtain down on its two-decade long association with the building.
Also read: Supermac's boss aims to create 80 new jobs in Longford
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.