AIB Greystones Goes To Market

Strings attached…

ith just over two years of their 20-year lease still to go, AIB Greystones’ home on Church Road is going to market.

And the asking price is a tidy €1.2m.

Given that it’s on the main street. In Greystones. And just a scone’s throw from the train station too.

Having once been home to family grocer A. McFarland , it was the neighbouring property that counted our farthings and I.O.U.s a century ago, The Royal Bank sitting on the corner of Church Road and Killincarrick Road long before Eugene McKiernan came strutting into town.

When it comes to the AIB, they’ve been in Greystones since 1922. Which suggests they may very well want to stay on, if the new landlord is happy to have them.

Here’s the lowdown on the sale…

A prime retail investment opportunity positioned in a prominent location on the main street of Greystones offering 4,647 sq. ft. (431.8 sq. m.) NIA over two-storeys and boasts excellent profile on to the main street of Greystones, ensuring high visibility and foot traffic. The property features a modern extension and includes three car parking spaces to the rear.

The property is in use as an AIB banking branch, leased to Kavwall Limited on a 20-year lease term from 06/07/2007. There is circa 2.41 years of secure income remaining, as of February 2025, which is currently passing at €149,700 p.a., guaranteed by Allied Irish Banks plc (AIB).

The property is conveniently located near the N11/M50 Motorway, allowing for easy accessibility to Dublin City Centre and surrounding suburbs. Additionally, the property is well connected with regular public transport links, including a DART station within a one-minute walk.

Greystones is a coastal commuter town, approximately 28 km south of Dublin City Centre, with a population of over 22,000 as of 2022. The area has seen significant residential development in recent years, attracting an affluent demographic.

Wouldn’t mind getting acquainted with some of those flash agus flush newbies.

If you’d like to learn more – and maybe put in a bid, baby – you can click right about here.