Thursday, July 30, 2020

The stunning Three Rivers Guest House in Cheekpoint.

The answer is, sadly, no.

An online auction, which took place online yesterday and attracted over 750 bidders failed to find a buyer for the sad looking, but undeniably impressive Three Rivers Guesthouse in Cheekpoint, which is currently vacant but boasts 14 en-suite bedrooms, a reception and lounge over two storeys. It has incredible views across the River Barrow and is still available for €175k if you have a few bob to spare and are looking for a project for the next couple of years…

Speaking about the auction, which raised over €38m and included the sale of a Spar shop in Dunmore East, Jonathan Fenn, Head of Property at BidX1 Ireland, said that the record figures were down to ‘pent-up demand for investment property following the lockdown, but also a growing confidence in online property transactions, a trend which BidX1 believe has been accelerated by Covid-19”

“The Coronavirus will be the catalyst for accelerated digital transformation in the property sector; just as we saw huge growth in FinTech following the global financial crisis,” Jonathan said.

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