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Building Housing Shanahan's On The Green Sold For Well Above Guide Price

Published on Dec 6 2017 10:30 AM in Restaurant tagged: Dublin / St. Stephen's Green / Shanahan's on the Green

Building Housing Shanahan's On The Green Sold For Well Above Guide Price

The Georgian House on Dublin's St. Stephen's Green that's home to renowned fine dining restaurant Shanahan's is to be sold on behalf of a receiver for well above its €4.5 million guide price.

The four-storey building encompasses 600 square metres, with the basement, ground and first floors being occupied by Shanahan's, while the second and third floors house office space and an apartment, respectively.

The Irish Times report that Shanahan's has been trading at the premises since 2000 and was previously known as Whites on the Green, adding that the restaurant trading company operated by John Shanahan pays a rent of €240,000, which is due to rise to €290,000 in 2019, with the lease currently having seven years to run.

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