Savings to be made

CORK City’s oldest bank building, and one of its very finest architectural statements, is a New Year sale offer at €1.2 million.

Savings to be made

The 1839-designed Cork Savings Bank on Lapps Quay was for generations known to city savers as the ‘penny bank’ because of its ethos of citizens’ thrift and temperance. But, after several amalgamations, rampant growth and reckless boom time lending, it all suffered the ignominy of a €4bn State bailout, and branch closures — of which Lapps Quay is a stern example of a fall from grace.

As it becomes available for non-banking purposes, the sublime limestone building at 1, Lapps Quay (directly opposite Cork City Hall,) is ideal for civic or corporate ‘statement’ purposes, with exceptionally maintained and proportioned rooms.

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