Dolores McNamara bids to buy Childer’s Road Retail Park in #Limerick

first_imgLinkedin Previous articleWell-known #Limerick pubs to reopenNext article‘Improvised shotgun’ trial opens at #Limerick Circuit Court Staff Reporterhttp://www.limerickpost.ie TAGSDOLORES McNamaraeuromillionsfeaturedlimerick Email Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Limerick Ladies National Football League opener to be streamed live WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads RELATED ARTICLESMORE FROM AUTHOR Print NewsDolores McNamara bids to buy Childer’s Road Retail Park in #LimerickBy Staff Reporter – April 13, 2016 1642 center_img Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Facebook Advertisement Childer’s Road Retail Park is in the purchasing eye of multi millionaire Dolores McNamaraChilder’s Road Retail Park is in the purchasing eye of multi millionaire Dolores McNamaraEUROMILLIONS winner, Dolores McNamara is in a bidding war to purchase one of Limerick’s biggest and top performing retail park, Childer’s Road Retail Park.With an overall floor area of 257,000sq ft, the retail park has caught the eye of the Limerick multi-millionaire who scooped €115m in Europe’s biggest ever jackpot win.One of Ireland’s richest people, Ms McNamara has now qualified for the second round of bidding along with Irish Life and Savills Investment Managers to bid in excess of the €44m guide price to acquire the retail park.Sign up for the weekly Limerick Post newsletter Sign Up UK home, garden and leisure retail chain The Range which is to go into competition with Woodies, have recently acquired space at the park where Dunnes, Boots; Arcadia’s Burton, Wallis, Evans and Dorothy Perkins; Next, Lifestyle, Argos, Heatons, Harry Corry, Smyths Toys and smaller units for Costa Coffee, KFC and Pizza Hut.Mrs McNamara, through her company Blue Haven, is understood to be receiving advice from Eddie Hobbs.HWBC and DTZ Sherry FitzGerald are jointly handling the sale of the park which was developed more than 10 years ago by Alan and Brian McCormack of Alanis Capital with funding from Anglo Irish Bank.The park produces a rental income in the region of €3.22 million.The sale of the park is under a joint marketing campaign to also find a buyer for the Ennis Road Retail which holds at €15m price tag and a rental income close to €1.5m Limerick’s National Camogie League double header to be streamed live WhatsApp Twitter Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img read more