Tag Archives: Hatch Bar

From the blatts

Walls

Low wall on the right

Low wall on the right

The Irish Times reported on 24 August 2015 [may disappear behind a paywall at some stage] that a woman with “a blood alcohol level of 280mg per cent” [I am unable to make sense of that measurement] had drowned in the Grand Canal near Portobello in Dublin. The account includes no evidence that the woman tripped over the low wall that borders the canal; I do not know whether such evidence was presented. Nonetheless

Dr Farrell [the coroner] said he would write to Waterways Ireland for the matter of the height of the wall to be evaluated in the public interest.

I hope that the first step will be a cost-benefit analysis of any proposed change.

Percy Place

On 26 August 2015 [possible paywall alert] the Irish Times said that

Waterways Ireland is to sell an infill development site at 53 Percy Place, Dublin 4, which could accommodate a four-storey office block or residential scheme. CBRE is seeking more than €1.6 million for the 0.04 hectare (0.1 of an acre) site on which there is a two-storey derelict building.

53 Percy Place, Dublin

53 Percy Place, Dublin

The price is interesting. The property was valued at €1.6 million in 2008. WI’s Annual Report and Accounts for 2013 say

Surplus assets represent those assets that the Body deem are not strategic and are available for sale. Valuations of surplus assets are based on Recoverable Market Value from Internal and External valuations reports.

Plot 8 valued at €7,000,000 (2012: €7,000,000); this was valued in September 2013 by GVA Donal O’Buachella.

Percy Place was valued at €800,000 (2012: €650,000) by Felicity Fox FRICS FSCSI Auctioneers Valuers & Estate Agent in December 2013.

47 Lennox Street was valued at €270,000 (2012: €195,000) by Richard Fawcett BSc (Hons) Valuation & Estate Management Valuer, Waterways Ireland based on expected sales proceeds at December 2013. Previously valued at €380,000 by CBRE in October 2008.

The Hatch Bar valued in 2012 at €45,000 (2012: €45,000) by Richard Fawcett BSc (Hons) Valuation & Estate Management Valuer, Waterways Ireland in 2012.

The first three properties were to be sold to fund the construction of the Clones Sheugh. I have heard nothing more of the other two sites, Lennox Streeet near Portobello and Plot 8 in the Grand Canal Dock at Ringsend, and I didn’t see what WI got for the Hatch Bar. However, WI may have done very well on the sale of some other surplus assets, achieving four times what it expected:

The Barges were valued in 2013 at €51,000 based on bids received. Previously valued in 2011 by Bryan Millar, Consultant Engineer Naval Architect and Marine Engineer at €13,000.

On the basis of its asking price for Percy Place, WI seems to believe that the property collapse is over; perhaps it is even now in negotiation to develop Plot 8 and build a sheugh all the way to Clones. In the meantime, if it gets €1.6 million for Percy Place, that will help to alleviate the damage caused by the smash-and-grab raid carried out by the Department of Fairytales to pay for Saunderson’s Sheugh.

Derg Marina

The same edition of the Irish Times reports that Derg Marina in Killaloe has been sold for €1.7 million to “a local investor”. It suffered in the floods of 2009 and would need considerable investment were it to be restored to its former use. The site may contain remains of the PS Lady Lansdowne.

Greenway blues

The Weekly Observer of 26 August 2015 reports in its print edition [the story is not yet online] that Great Southern Trail Ltd, the voluntary body that manages part of the old Limerick to Tralee railway route as a greenway, is to cease doing so on 8 November 2015. GST, said to be the only voluntary group in Europe to manage a greenway, hopes that CIE and Limerick City and County Council will take over the management of the route. The newspaper account suggests that the burden of maintaining the greenway and cycleway to EU standards was too great for a voluntary group:

In particular, a very small number of farm crossings are the subject of unfavourable comment due to the difficulties encountered in keeping them clean.

Art

The Ulster Canal Greenway has an artwork. Waterways Ireland is to be in charge of the Ulster Canal Greenway. But the Shinners haven’t gone away, you know:

[…] Sinn Féin councillor Brian McKenna voiced strong criticism of the efforts made at Government level over the past two decades to put in place the substantial funding necessary to guarantee that the reopening of the Canal – long identified as a crucial project for Co Monaghan tourism – was realised in full.

If their dedication to the Clones Sheugh is a mark of Sinn Féin’s approach to economic policy and public investment, we may expect grants for flax-growing to be reinstated immediately they’re elected. And for opening coal-mines and carrying corn to Dublin.

 

 

 

 

 

Buy a pub; fund a sheugh

Waterways Ireland is being forced to pay €2 million to dredge the River Finn to Castle Saunderson. This new sheugh is to be called the Ulster Canal.

Waterways Ireland’s wicked stepmother, the Department of Arts, Heritage and the Gaeltacht, has failed to convince the government to come up with any money to fund this insane project. It has therefore decided to force Waterways Ireland to pay for it, at a time when WI’s budget has been cut by 31% over the past six years. That suggests to me that the parent departments, DAHG and the Northern Ireland Department of Culture, Arts and Leisure, are prepared to let the other waterways go hang in favour of a pointless extension of the Erne navigation.

DAHG said:

As the project will be funded from Waterways Ireland’s own resources, additional Exchequer funding will not be required.

Not that Waterways Ireland has any spare money, and it has very few surplus assets. Some years ago DAHG’s predecessor proposed to sell Plot 8, in the Grand Canal Docks at Ringsend, to fund the Clones Sheugh, but the property collapse put a stop to that. It’s still the most valuable saleable asset and it was never clear to me how the property of Waterways Ireland could be seized by its wicked stepmother.

Waterways Ireland has to come up with €1.4 million of the €2 million cost of Saunderson’s Sheugh this year. It hopes to get €900,000 of that from the sale of property. Apart from Plot 8, it has only three surplus assets:

  • Percy Place, valued at €650,000 in WI’s 2012 accounts
  • 47 Lennox Street, valued at €195,000
  • the Hatch Bar, which I presume to be the one at Hazelhatch [is there another?], valued at €45,000.

And that lot adds to €890,000. Add a few quid from the recent sale of old barges and you’ve got €900,000.

Given the details of the Hatch Bar in this Lisney PDF, I presume that what Waterways Ireland is selling is the freehold [but I’m not sure about this: if, Gentle Reader, you know more about it, please leave a Comment below]. Whoever buys it will have the satisfaction of knowing that they are helping to dig a ditch in Co Cavan.