Earlier this week it was announced that four iconic bars in Dublin’s city center are up for sale for just over $16.3 million (€12m). This prompted us to ask what other bargains were lurking in the Irish pub property market.
The prime Dublin portfolio up for grabs includes Café en-Seine on Dawson Street, The George and The Dragon on South Great George’s Street, and Howl at the Moon on Lower Mount Street. The bars, run by Liam O’Dwyer and his brother Des as part of the Capital Bars Group, are sadly being sold on the joint instructions of receiver Pearse Farrell of RSM Farrell Grant Sparks and the O’Dwyer brothers.
The Irish Times reports that Foley’s Bar on Merrion Row could be bought, by an unnamed party from Northern Ireland, for $4.7 million (€3.5m). Also The Globe on South Great George’s street is expected to fetch about $3.4 million (€2.5m).
We took a look online to see some of the cheapest pubs in Ireland. Here are the results:
Main Street, Ferbane, County Offaly
Price: $115,620 (€85,000)
Size of property: 3,821 sq. feet (355 sq. meters)
Details: Formerly T. Ó h-Uigin's public house this is a three-story building with a one story extension and car park at the rear.
The property is need of complete renovation.
It included a public bar and lounge on the ground floor with accommodation on the second and third floors.
Slattery's Bar, Effin, County Limerick
Price: $122,421 (€90,000)
Size of property: 1,000 sq. feet (93 sq. meters)
Details: Authentic country keeps the traditional character and charm of an old style pub with the comfort of modern features.
Includes front of house parking, an open fireplace, pool room, heated smoking area.
The two back rooms could be converted into a living space.
'J Cunniffe's' Main Street, Killimor, Ballinasloe, County Galway
Price: $129,224 (€95,000)
Size of property: 1,300 sq. feet (121 sq. meters)
Details: It’s described as “one of the few remaining public houses which still have many of its original qualities which were so common in the pubs of days gone by. Once a focal point for local fleadh ceoils – traditional music celebration nights – and an overall meeting place.”
The property includes the bar, entrance hall, living room, kitchen, and utility room.
Upstairs there are three / four bedrooms and a bathroom.
The property is in need of modernization but includes the original bar.
Hidaway, Main Street, Milford, County Donegal
Price: $133,305 (€98,000)
Details: Described as a “popular landmark bar” with “high levels of passing trade.”
The property includes a front bar, back lounge, large upstairs function room and a covered beer garden.
All properties sourced on Daft.ie.