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18th Century ruins in Oranmore to be one of the highlights of auction

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Ardfry House, Oranmore, Co. Galway

The historic Ardfry House in Oranmore is set to be one of the main attractions at a two-day auction to be held in Dublin later this month.

A total of more than 330 lots nationwide – with a combined value of more than €72 million – will go under the hammer on April 21 (residential) and April 23 (commercial) at the Allsop Space auctions in the RDS in Dublin.

Robert Hoban, Director of Auctions, said: “This significant offering presents a range of opportunities to Ireland’s hard pressed buyers, faced with a low level of supply.

“With background commentary centred on increasing levels of bank lending and pressure on interest rates, we expect this substantial collection of commercial and residential properties will be welcomed by those keen to invest in Ireland’s property market and trading economy.”

There are a total of 17 Galway properties on offer at the auctions, ten of which are residential.

A highlight will be the ruins Ardfry House in Oranmore – located on a peninsula directly across the bay from Galway Bay Golf Resort – which was built in 1770 by Joseph Blake, who later became Lord Wallscourt.

The sale comprises the detached period house, stone cottages, outbuildings and an orchard on 28.8 acres. The house itself extends to 16,700 square feet, while the walled orchard spans more than three acres.

There are also the remains of a moated castle from the 9th Century on the land, which also boasts 750 metres of sea frontage. The reserve price is between €1.8m and €2m.

In Corofin, in the Cloch Chara estate, 19 development sites will go under the hammer as one lot (within a development of 30 detached houses). The total site extends to just over five acres, and planning permission is valid until November 2015. The reserve price is €775,000 to €825,000.

In Ros Caoin, Roscam on the eastern side of the city, a three-bed semi-detached home has a reserve price of €190,000. Number 216 is a two-storey house measuring 1,044 sq ft.

A detached five-bed house will also go under the hammer at Raha in Rosscahill. It extends to a huge 4,380 sq ft and has large front gardens to the front and rear. The reserve price is €175,000.

In Barnaderg, a detached four-bed house completed to builder’s finish and set on 2.73 acres is also for sale. The house is 2,152 sq ft and the site also includes planning permission for a second property of similar size. The reserve is €80,000.

For more, read this week’s Connacht Tribune.

Connacht Tribune

GMIT’s new Head of its Business School

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Dr George Onofrei, Head of the GMIT School of Business.

GMIT has announced the appointment of Dr George Onofrei as the new Head of its School of Business, commencing this month.

Prior to joining GMIT, Dr Onofrei was Senior Lecturer in Strategic Development in Letterkenny Institute of Technology.

He has over 15 years’ experience in academia as well as considerable industry practice within the automotive, food and retail sector. He brings experience and a proven track record of success in the development of new programmes at undergraduate and postgraduate level.

“I look forward to continuing the development of new programmes and creating new opportunities within the School of Business working with both staff and industry partners,” said Dr Onofrei.

He succeeds Professor Graham Heaslip who was appointed Head of the GMIT School of Engineering, following Gerard MacMichael’s retirement.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

Corrib Oil’s national expansion

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Eugene Dalton...expansion.

Galway-headquartered Corrib Oil, one of Ireland’s leading service station and oil distribution providers has entered an agreement to acquire H2 Group.

While subject to approval by the competition regulator, this deal will see Corrib Oil acquire 13 high quality retail sites based across the south and east of Ireland, expanding the Corrib Retail footprint to 33 stores in total.

It means Corrib Oil will operate across 54 sites in 16 counties, employing over 1,000 people.

The new sites are located in Kerry; Kildare; Limerick; Tipperary; Dublin; Laois, Offaly and Cork.

Established in 1987, Corrib Oil employs 700 people across 14 counties in the West, Midlands and South.

The company, which was founded in Claremorris, is headquartered in Parkmore on the east side of Galway city. It operates two distinct divisions, Corrib Retail and Corrib Distribution.

Corrib Retail currently operates 20 convenience stores with forecourts; while Corrib Distribution, a leading distributor of heating oils and fuel, operates through 21 depots across 14 counties.

Having maintained a 22-year relationship with BWG Foods, all Corrib Retail convenience stores are branded as Spar, while all forecourts are branded Circle K or Texaco, with instore partners including Insomnia and Chopped.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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Connacht Tribune

New course helps make sense of Artificial Intelligence and its uses

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Managers in Galway companies who would like to learn how they could put artificial intelligence (AI) to work for their organisations are being encouraged to sign up for a new course.

It comes as research found that 50% of organisations around the world have adopted AI in at least one function, while 79% of organisations are also exploring or piloting AI projects.

Of those companies who have implemented AI, 63% report revenue increases in the relevant business units.

The new Artificial Intelligence for Managers postgraduate certificate is being offered by NUI Galway to those who wish to get a better understanding of AI and its implications for business and enterprises.

Participants do not need to have any coding skills; this non-technical programme will focus instead on the strategic use of AI and how businesses and management can approach the practical implementation of AI technologies within their company. Candidates will learn about the practicalities necessary for successful AI adoption including data and skills requirements, ethics and legal issues. As such the programme would suit those in management positions in sectors like telecommunications, manufacturing, pharmaceutical, biomedical, finance, marketing, automotive and more.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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