Cork's iconic former Debenhams premises comes on the market for €20m

Alongside retail, suggested future uses include a cinema, food court and hotel or residential units to the rear

The historic premises is the largest single retail shop in Munster.

DEBENHAMS, Cork City’s most iconic department store, has been launched on the market for €20m, more than two years after its closure dealt a crushing blow to the high street. A second former Debenham's store on Dublin's Henry Street has also been put up for sale for €55m.

Concept architects looked at possible future uses for both stores. In terms of the 150,000 sq ft Cork premises, on 1.32 acres, suggestions include developing a 220-bedroom hotel and 47 residential units on the site, while retaining a commercial section. Commercial real estate specialists Cushman & Wakefield have been appointed to handle the sales.