Cork's €60m Penneys upgrade sparks interest as neighbouring AIB bank hits market for €3.5m

A BANKER of a buy comes to market this week in the rejuvenating retail heart of Cork city, at a pivot point on St Patrick’s Street: the ex-AIB branch has a multi-million euro price tag, but could be bought for, well, Penneys.

Offered by private investors with a €3.5m price tag is the vacant former banking hall at No 26 St Patrick’s Street linking to 19 Winthrop St, in a truly prime position between Brown Thomas and Penneys, with a surprising 11,650sq ft in all.

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