27th March

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
Landmark Ballsbridge Pub Posts Big Profits
Wetherspoon Cuts Breakfast and Coffee Prices
Dublin Council Withdraws Order for Charlie Chawke to Pay €21,000
Dublin Pub Staff Answer Ireland's Call
Landmark Ballsbridge Pub Posts Big Profits

Dublin 4 pub Doheny and Nesbitt recorded profits of €279,000 in 2014, as the famous haunt for cele [ ... ]

Wetherspoon Cuts Breakfast and Coffee Prices

Pub group JD Wetherspoon will cut the price of its breakfast and coffee, in a bid to triple sales ac [ ... ]

Dublin Council Withdraws Order for Charlie Chawke ...

Dún Laoghaire-Rathdown County Council has been forced to withdraw its order for prominent publican  [ ... ]

Dublin Pub Staff Answer Ireland's Call

Staff in Harry Byrne's pub in Clontarf, Dublin created their own version of Ireland's Call prior to  [ ... ]