Google Town boom sees €1.2m pub sale
Veteran Dublin publican Jim Stafford and his family have paid just under €1.2m to acquire Sober Lane, which previously traded as John Clarke & Sons, on Irishtown Road in Dublin 4.
Located within walking distance of 'Google Town', the Aviva stadium and Sandymount village, the pub which extends to 5,300 sq ft was previously owned by Cork-based publican Ernest Cantillon, and is set to be refashioned as a gastropub with an emphasis on high-quality food, craft beer and spirits. Jim Stafford's daughter, Emilene, already owns and operates the award-winning Merry's Gastro Pub in Dungarvan, Co Waterford, which was recently awarded Munster Gastro Pub 2016 by the Restaurant Association of Ireland.
CBRE's John Ryan said the sale of Sober Lane reflected a strengthening of the suburban pub market with a growing sense of confidence returning to the licensed trade in general. The property is understood to have attracted interest from a diverse range of publicans and restaurateurs.