29th July

ESB Buys Larry Murphy's Pub For €1million

The ESB has bought Larry Murphys bar at Lower Baggot Street, Dublin 2, in advance of the planned redevelopment of its controversial headquarters on the adjoining site at Lower Fitzwilliam Street.

The State company is understood to have paid slightly over €1 million for the bar which has been popular with rugby fans over the years. The business has been run by the Finnegan family for the past 40 years.

“From time to time ESB purchase properties that may have a strategic value to us. We are engaged in a process with this particular building which we are not in a position to comment further at this time,” said a spokesman for the ESB told the Irish Times.

John Hughes of CBRE, who handled the sale of Larry Murphys, said there was considerable interest in the bar from both publicans and investors after businessman Larry Goodman acquired the nearby former headquarters of the Bank of Ireland.

The licensed premises includes a traditional style ground floor bar, a basement lounge and upper floor offices which have separate accesses from Baggot Street and Lower Fitzwilliam Street.

Share this article

Submit to DeliciousSubmit to DiggSubmit to FacebookSubmit to Google BookmarksSubmit to StumbleuponSubmit to TechnoratiSubmit to TwitterSubmit to LinkedIn
Sober Lane Opens in Dublin
New Micro-brewery and Pub Rises Up in Cork
A Grand Shame
Irish Pubs Faring Better Than The Irish Football Team
Sober Lane Opens in Dublin

The long awaited Sober Lane bar opened in Irishtown, Dublin last week and is already proving popular [ ... ]

New Micro-brewery and Pub Rises Up in Cork

Cork City Centre will soon see a new micro-brewery and brewpub opening its doors, and they are looki [ ... ]

A Grand Shame

Over 1,000 pubs have shut in Ireland since 2007, according to the Drinks Industry Group of Ireland ( [ ... ]

Irish Pubs Faring Better Than The Irish Football T...

The Republic of Ireland may not have qualified for this year's World Cup but that hasn't has much of [ ... ]