The former Roches Stores and Debenhams building in Cork city has been a prominent landmark for over a century. However, the building is set to change hands, as it has been put up for sale with an asking price of €12 million. The decision to sell the building comes after months of speculation and uncertainty following the closure of both stores in 2020 due to the COVID-19 pandemic. As one of the largest buildings in Cork city centre, the sale of this building is expected to generate significant interest from potential buyers. In this article, we will explore the history of the building, the reasons behind its sale, and what the future may hold for this iconic landmark.
The news of the potential sale of the famous Debenhams store on St Patrick’s Street for €12m has been well received. The former Roches Stores building has been vacant for three years since Debenhams closed its Cork outlets. Contracts for the sale of this prime retail building, which has a footprint of 1.32 acres, have been issued and are due back by the end of the month. Despite attracting a number of potential buyers last year, the initial €20m price was deemed too high. Green Part councillor Dan Boyle expressed his happiness at the news and stated that the large and distinctive building should not remain unused. The closure of Debenhams in 2020 resulted in the loss of hundreds of jobs and lengthy strike action. However, in May 2021, Debenhams workers ended their 406-day strike. A documentary called 406 Days, directed by Joe Lee and produced by Fergus Dowd, which showcased the story of Ireland’s longest industrial-relations dispute, won the Irish Council of Civil Liberties Human Rights Award after being screened at University College Cork in March this year.
In conclusion, the sale of the former Roches Stores and Debenhams building in Cork city for €12m marks the end of an era for these iconic buildings. Over the years, they have played a significant role in the city’s history and have been a cornerstone of Cork’s retail landscape. Though it is somewhat bittersweet to see them go, the sale represents a new opportunity for the city to progress and evolve. The future development of these buildings is sure to enhance the vibrancy of Cork city and add to the city’s already rich cultural heritage. We look forward to the next chapter in the story of these historic buildings, and we eagerly anticipate what is in store for their future.
