Avison Young appointed to dispose of Irish Argos stores
25th January 2023 | Jack Oliver
Avison Young have been appointed by Argos as the retailer looks to offload its stores in Ireland.
Argos announced last week that it would be pulling out of the Republic of Ireland by the end of June, after reporting a pre-tax loss of €13m (£11.4m).
The retailer operates a different model in the Republic of Ireland to the UK, where it trades entirely out of its owner Sainsbury’s supermarkets.
Avison Young have been tasked with finding new occupiers and solutions for all 23 of Argos’ Irish sites, which range in size from 9,825 to 22,510 sq ft and are located in high street stores, retail parks and shopping centres.
The global real estate firm has acted on behalf of Argos since 2019.
Argos sites in Ireland under Avison Young’s appointment
- Ashbourne
- Carlow
- Castlebar
- Cavan
- Clonmel
- Blackpool, Cork
- Mahon, Cork
- Drogheda
- Ilac Centre, Dublin
- Omni Park, Dublin
- Dundalk
- Dundrum
- Killarney
- Letterkenny
- Liffey Valley
- Limerick
- Longford
- Naas
- Navan
- Tralee
- Tullamore
- Waterford
- Wexford