John Collison

The Stripe co-founder said he would make Millbrook House in Co Laois a 'spectacular home'

The bid also included an acknowledgement that if the property was not protected within a “reasonable period of time” that it would be returned to the register of the derelict sites by the local authority. A 5% “inflation allowance” of €472,000 was also included in the bid bringing it to a total of around €5.2 million before VAT was included. A further €379,000 is to be spent renovating and refurbishing stables on the 1.7 hectare estate with around €84,000 to be paid for surveying and planning. An overview of costs said around €260,000 would be spent on emergency remedial works with almost €4 million to be spent on the main restoration of the house. The bid said the existing roof was beyond repair and that a temporary roof would need to be erected above the building to protect its structure. It said: “The building is in immediate need of stabilisation and repair to halt decay and to prevent [the] further loss of historic fabric.