Property tycoon refused permission for town development

ONE of Ireland’s wealthiest property developers has been refused planning permission to revamp one of Kinsale’s most noted hostelries.

Dublin-based property tycoon Gerry Gannon, quoted in the Sunday Times rich list as being worth €231 million, planned to redevelop the famed Folkhouse.

He had sought to expand a nightclub and build 15 short-stay apartments on the site which borders Castledesmond Street, Upper O’Connell Street and Guardwell Street.