Landmark Camden De Luxe Hotel Complex In Dublin For €8m
The Camden Deluxe Hotel and Entertainment Complex, a popular late night venue located on Lower Camden Street in Dublin, has been placed on the market with a guide price in excess of €8m.
Joint agents, CBRE and Morrissey’s, have confirmed the property is for sale by private treaty and best bids are invited by Wednesday 7 December 2016.
The Camden de Luxe is located within one of the city’s big entertainment areas around Camden Street, known as the 'Camden Quarter', which is renowned for night time and weekend entertainment with a mix of bars, restaurants, nightclubs and hotels.
The Camden de Luxe complex extends to over 3,900 sq m, comprising a bar, snooker hall, nightclub together with 35 guest bedrooms.
The property currently includes Planet Murphy's bar and snooker hall at ground floor level, with the Palace Nightclub located at first floor level. This area of the property, formerly the Palace Theatre, retains many of its original features including ornate ceiling plasterwork.
According to joint selling agents John Ryan of CBRE and Tony Morrissey of Morrissey’s the sale of the Camden de Luxe offers an "unrivalled opportunity to acquire one of Dublin’s flagship entertainment venues and further develop the existing high volume business that is enjoyed throughout the year".
The property, which featured in the award-winning film The Commitments, also provides alternative use/redevelopment potential subject to the necessary planning permissions.