Friday 22 September 2017

Pub with offices and apartment at €1.4m

Nash's licensed premises is being sold with vacant possession
Nash's licensed premises is being sold with vacant possession
Ronald Quinlan

Ronald Quinlan

Pub and hotel specialists Morrissey's are to offer Nash's licensed premises at the intersection of Patrick Street with Kevin Street in Dublin for sale by public auction at 3pm on Tuesday July 18 next.

Developed in 2006, the property is a purpose-built structure comprising a licensed premises fitted in the style of a traditional Dublin bar at ground and basement level; open-plan office accommodation at first- and second-floor levels; and with a two-bed penthouse apartment with city views from a large enclosed terrace at third-floor level. The entire property is being sold with a guide price of €1.4m and comes with vacant possession, allowing the prospective purchaser to re-establish a pub business while also deriving investment income from the upper floors.

The immediate area has seen significant development in recent years. Large-scale developments currently underway include a 137-bed hotel by Dalata located directly opposite and the divisional headquarters of An Garda Siochana immediately adjacent to the property. There is also a strong inflow of year-round tourist traffic with notable visitor attractions such as St Patrick's Cathedral and the Teeling Whiskey Distillery both located nearby.

Morrissey's will auction the property at 3pm on Tuesday, July 18 (unless previously sold) in their offices at Merrion Building, Lower Merrion St, Dublin 2. Further details are available through Rory Browne and Tony Morrissey.

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