€580k guide price for former Ulster Bank branch in village

THE former Ulster Bank branch on Main Street in Tallaght has gone on the market with a guide price of €580,000.

The 2,914 sq.ft. property is for sale by private treaty and is described by selling agent Peter Love from Cushman & Wakefield as a “prime freehold opportunity”.

It’s noted in the property listing that the former bank branch is “suitable for a variety of uses” subject to planning permission.

The property is a two-storey, end-terrace building, comprises a ground and first floor.

The ground floor contains the main retail/office area and storage rooms, while the first floor contains offices, storage rooms, kitchen and toilets.

There is a large yard to the rear of the property which is accessible via the laneway immediately adjacent to the property.

The future of the property was previously discussed at a South Dublin County Council meeting last May, when a councillor suggested that the council should purchase it to use as a community centre.

Cllr Teresa Costello (FF) tabled a motion at the meeting where she asked the council to consider purchasing the property and bringing it into use as a centrally-located community centre.

“I see it as an excellent opportunity to get some form of a community facility slap-bang in Tallaght village,” Cllr Costello told the committee.

“Generally, when I have my clinic in Tallaght village on a Saturday, the amount of people who pop in and there’s nothing really there for them in the village, I don’t think.

“I do think it’d be nice for the council to purchase this, and it would be of huge benefit.”

At the time of the meeting, the former bank branch wasn’t on the market, and a spokeswoman for South Dublin County Council outlined what action could be taken if it did go on the market.

“If it does come up for sale, it would be up to the asset management section to purchase it,” she explained.

“If they do purchase it on behalf of South Dublin County Council, then obviously its use will have to be decided.

“We do have facilities in the Tallaght area, community facilities, and if there are requests down the line, they can be looked at then.”

In February 2021, Ulster Bank confirmed its plans to withdraw from the Irish market on a phased basis.

The Ulster Bank branch in Tallaght closed on April 21 last, along with 62 other branches around the country as the bank completed its withdrawal process.

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