A number of high profile Dublin pubs are currently listed as being available for sale on the website of real estate company CBRE.
Each property has an elaborate brochure to accompany their listing that documents all the intricate details of the properties that we, the public, might not ordinarily be privy to. Rent, square footage, energy ratings, are among the details given.
It’s important to note that, while these properties are for sale, that does not necessarily mean that the management or anything about them as operating businesses will change.
Here are some of the bars presently for sale.
formerly of the Quinn group, is reportedly on sale for €3.5 million. While the ownership of the pub will change, the management of the pub will not. There is a fixed lease on the pub for 20 years from 2004 at a rate of €273,000 per year.
on Burgh quay has enjoyed success in recent years since the pub changed from being ‘Messrs Maguires’. The price for this bar is reportedly €2.5 million. We were surprised to hear that this property was less expensive than The Barge. The building, which consists of 5 floors, also has a brewery area in the basement and ground floor area.
on Wexford street is another high profile pub for sale. The asking price for the pub is believed to be €2.25 million. It’s being sold by Bernard Molloy, who is retiring from the pub business according to the Irish Independent.
If you want to view a full list of properties that are for sale, lease, or those that have been sold recently, we recommend you follow this link.
Several other pubs have either been recently sold or there has been a sale agreed. There’s a sale agreed for The Globe bar on Georges street, while Larry Murphys, The Portobello, The Chancery Inn, The Belfry, and the long dormant, Speakeasy, have all been sold reasonably recently.