Limestone landmark on Cork's Lapps Quay

CORK City Council looks set to make a small profit on its plans to sell an historic and elegant bank branch, which it bought just over two years ago, thanks to municipal public realm investments and private developments also on the doorstep of 1 Lapps Quay.

Facing directly across the River Lee to City Hall, the former ‘Penny Bank’ Cork Savings Bank building has gone back up for sale this week with agents Lisney, with a guide price of €950,000.

The same agents last had it for sale in early 2013, guiding at €1.2m and sold it later that year to Cork City Council under then-manager Tim Lucey, for an unconfirmed sum, thought to be between €800,000 and €850,000.