The HSE is spending €86,400 a year renting the NowDoc building in Letterkenny, auction documents have shown.
Auction details of the building at Oldtown Road has revealed that the HSE has paid rent on the building for the past decade.
A reduced rent of €59,000 is currently being negotiated between the HSE and the current owner.
Details of the rental agreement are contained in an All-Sop auction brochure which was published last night.
The NowDoc offices is one of two joint-buildings to go under the hammer as one lot at the auction in Dublin on October 22nd.
The other building is the Dizzy Rascals play centre which has a rent of €15,000 each year.
The current combined rent from the 14,000 sq ft warehouse is €101,400.
The reserve price on the warehouse office unit has been put at between €490,000 and €540,000.
The tenant information posted with the All-Sop brochure for prospective buyers says “The HSE is a public sector organisation with an annual budget of approximately €13 billion, it is also Ireland’s largest employer with approximately 67,000 employees.”
There are a total of three Donegal properties for auction at the All-Sop auction.
The other two include the Magnolia Restaurant in Letterkenny which has a reserve price of €30,000 and also a half acre of land in Bridgend with a reserve price of €5,000.
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