Iconic Cork building set to fetch over €70m

The iconic Roches Stores building, in the centre of Cork City, is up for sale and is expected to make more than €70m for its owners, the Roche family.

Investors are being canvassed for the instantly recognisable department store on St Patrick’s Street, which is described by selling agents Colliers as “a world-class department store investment”.

The store dates to 1922, built after the burning of Cork by British auxiliaries during the War of Independence in 1920 which decimated the city centre, and destroyed over 40 business premises.