Four Irish Pubs Hit The Market; One Irish Pub Sold
Four Irish pubs have hit the market and one Irish pub has been sold.
Sean's Bar of Muckno Street, Castleblayney, Co. Monaghan, has hit the market via DNG John O'Brien.
The property's listing on dngjobrien.ie states, "This property consists of a bar and lounge on the ground floor and living accommodation on first floor. The ground floor comprises of a small bar and a small lounge area, female toilets, male toilets, kitchen to the rear of the pub area with an outside rear yard. The first floor comprises of 3 bedrooms, living room and bathroom.
"The bar and lounge are in good condition but are small with an overall area of c.71sqm and have very low ceilings. The residential accommodation area of the property is in average condition. The property is approx. 80 years built."
The Glen Bar
The Glen Bar, Kilmeedy, Co. Limerick, has hit the market via Wheeler Auctioneers for €225,000.
The property's listing on wheelerauctioneers.com states, "Landmark building in centre of village. In excellent condition. Spacious yard with parking facilities. Bar/house with overhead accommodation plus annexe to side (let separately). Obvious development potential.
"Accommodation comprises: main bar (L-shaped ), quality seating, toilets, smoking area, cold room/storeroom; first floor - bedroom 12 x 11 wood floor, bedroom 15 x 8 wood floor, bathroom 8 x 8, annexe to side [that] includes kitchen/dining room, living room, bedroom & bathroom; features - oil fired central heating, UPVC windows & doors, alarm, quality seating; outside - of out-offices, spacious yard & garden."
The Grannery Inn
The Granary Inn of Church Street, Cahir, Co. Tipperary, has hit the market via Wheeler Auctioneers for €225,000.
The property's listing on wheelerauctioneers.com states, "Investment opportunity. Fully licensed premises. 4 no. overhead apartments (independent access). Long established bar trade with potential for further expansion.
"Realistic reserve accommodation comprises: bar 35 x 17 tiled, wood panelling ion walls, stage area lounge 24 x 32, ladies & gents toilets, storeroom 17 x 14 with cold room and storage area, smoking area, kitchenette 17 x 12 wood floor, first floor 2 no. 2 bedroom apartments, 2 no. 1 bedroom apartments."
The Long Point
The Long Point of Main Street, Whitegate, Co. Cork, has hit the market via Paul O'Driscoll Auctioneer, Valuer & Property Consultants.
The property's listing on property.ie states, "Located in the picturesque village of Whitegate, overlooking the bay, this well-established traditional seven-day licensed premises, B&B and restaurant is being offered for sale with Paul O'Driscoll Auctioneer. This provides a great opportunity for someone interested in running their own business. There is tremendous opportunity here to expand the business further especially in the food and catering side of the business which is complemented by the 6 bedroomed B&B and bar.
"The property extends to over 2,500 square feet over three floors with a large open beer garden to the rear, rear entrance and seating area at the front overlooking the green. There is also a stone building which is ideally suitable for conversion for further accommodation. This building extends to approx. 700 square feet.
"The beer garden is well laid out with both covered and open areas and is ideally suitable for outdoor catering and entertainment.
"The village of Whitegate is situated in a little hamlet on the eastern shore of Cork Harbour and has a very active community with some lovely walkways, playground area, and activities such as fishing, pleasure craft, rowing and kayaking take place in the bay. Midleton Town is only a short 15-minute drive and Cork city centre is only a 30-minute drive from Whitegate Village."
Meanwhile, Slattery's pub of the Dublin suburb of Rathmines has been sold in an off-market transaction that was brokered by John Ryan of commercial real estate advisors Bagnall Doyle MacMahon.
As reported by The Irish Times, the pub was sold by Roddy Slattery, whose family have operated the pub for two generations, to Tim and Wendy O'Connor, who also own O'Connor's pub and guest house on Mount Street, Dublin 2.
Ryan reportedly declined to comment on the price paid for the property, but it is reportedly understood that the property was sold for close to €3 million following competitive bidding involving several parties.
The property comprises a two-storey over-basement building that extends to 343 square metres (3,690 square feet) and includes a ground-floor bar with a mahogany interior and snug areas as well as a first floor traditional-style bar.
The Irish Times quotes Ryan as saying that the off-market sale of Slattery's reflects "the current strong demand for prime Dublin pub assets located in densely-populated and busy areas of the city".
© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.