UK pub chain Wetherspoons has placed its Irish regional pubs on the market for €10 million.
Wetherspoons will sell its locations in Cork, Galway, Waterford, and Carlow, including the popular Linen Weaver in Cork, the Tullow Gate in Carlow, and An Geata Arundel in Waterford.
The properties in Cork, Waterford, and Carlow are currently trading, while the property in Galway is the site of the former Carbon Night Club and had recently been granted planning permission for a licensed premises and restaurant use.
Wetherspoons have appointed Savills and CBRE to manage the sale of the properties, with Stephen McCarthy of Savills describing the portfolio as a "rare opportunity" for businesses to scale up operations in Ireland.
"The Wetherspoon portfolio offers a rare opportunity to acquire an exceptional collection of landmark licensed properties in some of the most coveted locations in the country," McCarthy told Newstalk.
"Accordingly, we anticipate the portfolio will appeal to a broad cross-section of hospitality groups seeking to scale their existing operation and benefit from the extensive investment which has already being committed to these assets."
The portfolio is being offered for sale by private treaty in one or separate lots.
The sales will not affect other Wetherspoons operations in Ireland.
Aside from operating pubs in Carlow, Cork, and Waterford, Wetherspoons operates six pubs and two hotels in Dublin, including the popular location at Keaven's Port on Camden Street, which additionally includes a hotel.
It operates a total of three city center locations in addition to locations in Dun Laoghaire, Swords, and Blanchardstown.
The Swords location - called the Old Borough - also operates as a hotel.