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CITY TRIBUNE

Auctioneering firm recorded €70m in sales during 2020

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Averard West, Taylors Hill, Galway.

Galway-based estate agency O’Donnellan & Joyce Auctioneers has reported sales in excess of €70 million during 2020, with properties still being “snapped up”, despite the pandemic.

According to the company, which had a 21% market share in terms of sales volumes locally last year (based on statistics from Daft.ie), there is still pent-up demand for residential property.

Niall Browne, Residential Sales Manager, said is busy with a “massive influx” of secondhand homes on the books as owners look to cash out on investments, upgrade to a more modern family home or empty nesters look to downsize.

“With the strength of the market in Galway at present, many properties which are listed for sale are snapped up quickly by investors, first time buyers or those looking for a change of lifestyle or location.

“The way we do business has changed greatly over the past 12 months. We are now relying more on technology and we are embracing these changes for the better. We can keep our clients and staff safe by carrying out virtual viewings, valuations and consultations. We can market and sell our properties to a much greater audience,” he said.

Mr Browne said there were significant price increases last year, with Salthill, the Claddagh and the city centre attracting the most interest. He said the suburbs saw price increases of 3% to 5%.

“Most buyers are paying more in rent than they would in mortgage repayments and many are making the move to purchase. We sold 250 residential properties across the county last year, we also sold a large number of new builds and with most sold out, I fear a further shortage will come and prices of the secondhand property will continue to increase.

“There were some new home schemes available. These are now mostly sold. There are far fewer developments due to launch in 2021 and little, if any, development land for sale,” he said.

For more, read this week’s Galway Cityt Tribune.

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CITY TRIBUNE

Motorcyclist killed in Galway crash

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A motorcyclist has died following a crash in Renmore this morning.

Shortly after 10am, the motorcyclist – aged in his 40s – was seriously injured when his motorbike collided with a car on the R338 Old Dublin Road at Renmore Park. The motorcyclist was pronounced dead at the scene a short time later.

The crash site was fully examined by Garda Forensic Collision Investigators and the road has now reopened to traffic.

The deceased was removed to the mortuary at University Hospital Galway and the Coroner has been notified.

Investigating Gardaí are appealing witnesses to come forward and have asked anyone who was travelling in the area at the time and has dashcam footage to contact them.

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CITY TRIBUNE

Wrecking ball for once-great social hub, the Corrib Great Southern Hotel

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From this week’s Galway City Tribune – It was the summer of ’69, and the landmark Great Southern Hotel in Eyre Square was booming.

Every evening, 180 guests – mostly American tourists – thronged its dining room for dinner. Similar numbers were served breakfast, with about 150 for lunch.

It was so busy, the semi-state company planned another 160-bedroom sister hotel, the Corrib Great Southern, on the Dublin Road.

Then the Troubles in Northern Ireland started, and “business fell off a cliff”, recalled Richard Lyons, who worked in both hotels, including 35 years as maître d in the newer one.

“They were building the Corrib when the Troubles started and they decided they had to cut back the rooms by 40. That’s how they finished with 120 bedrooms,” he said.

The hotel was opened on May 27, 1971, by Brian Lenihan Snr, the then Minister for Transport and Power, and Bishop of Galway, Michael Browne.

But the legacy of the Troubles lingered for years after, according to Renmore resident Richard – debt from State borrowing to build a new hotel up North, which was twice bombed by the IRA, threatened the very existence of the semi-state hotel group owned by CIÉ.

In the early 1980s, hotel group debt grew to nearly £8 million, and the Fine Gael and Labour Coalition Government headed by Garret Fitzgerald decided to liquidate it.
This is a shortened preview version of this article. To read the rest of the story of the hotel, see this week’s Galway City Tribune. You can buy a digital edition HERE.

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CITY TRIBUNE

Galway City Council extends outdoor dining into October

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From this week’s Galway City Tribune – The summer of alfresco dining looks set to be extended into the late autumn, with Galway City Council confirming this week their plans to extend the outdoor arrangements to October 22.

Local councillors, hospitality representatives and the City Council have said this week that the extension of outdoor dining at five city locations from September 30 to October 22 next, reflects public satisfaction with the current set-up.

This week the City Council published statutory public notices to clear the way for a continuation of the existing road closures required to facilitate outdoor dining on William Street West, Raven Terrace, Dominick Street Upper, Woodquay and the Small Crane.

Johnny Duggan, Chairman of the city branch of the Vintners’ Federation of Ireland and proprietor of Taylor’s Bar on Dominick Street, told the Galway City Tribune that the outdoor dining initiative during the summer had been a ‘huge success’ both from a viability and operational viewpoint.

“It has brought a life and vibrancy back into these areas in a very safe and controlled environment – the move makes sense in terms of the October 22 deadline set for the return of normal business,” he said.
This is a shortened preview version of this article. To read the rest of the story and for a proposal to bring an ice rink back to Leisureland, see this week’s Galway City Tribune. You can buy a digital edition HERE.

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