Cork City Council set to sell former Cork Savings Bank it bought just 2 years ago

A local authority has defended its decision to place, on the open market, a former bank building it acquired almost two years ago.

Cork City Council said it fully recognises the historic importance of the former Cork Savings Bank property on Lapps Quay, a protected structure, and said any potential sale will be subject to councillors’ approval.

But, it said, inviting proposals for the acquisition of the property through an open market process — managed for the city by an independent sales agent — would identify the most appropriate and sustainable future use for the building.