Famous south Dublin pub on sale for €5m
Agent Knight Frank is guiding a price of €5m (exclusive) for Kiely's of Donnybrook.
Best known as a magnet for fans attending rugby matches in Donnybrook Stadium, and as the favoured watering hole of fictional character Ross O'Carroll Kelly, the famous south Dublin pub is being offered to the market as a redevelopment opportunity.
Publicans and restaurateurs are also expected to be attracted to the premises owing to its proven performance over the years.
Kiely's occupies a high-profile location in the heart of Donnybrook. The premises comprises a pub at ground-floor level and a former restaurant and storage facilities on the first floor. The property is situated on a plot of approximately 0.2 acres.
The majority of the site is zoned Objective Z4 under the current Dublin City Development Plan 2016 - 2022, that is 'to provide and improve mixed-services facilities'. Permissible uses for the site include residential, office, hotel, hostel, restaurant and retail. A small element of the site to the rear fronting onto Pembroke Cottages is zoned Objective 'Z1', that is "to protect, provide and improve residential amenities".
Kiely's is located next to Donnybrook Stadium and the numerous other amenities available within Donnybrook. The village is undergoing something of a transformation following the sale by RTE of 8.64 acres at its Montrose campus to Cairn Homes, together with a more recent planning application submitted for a 78-bedroom hotel within the village itself.
Commenting on the opportunity the sale of Kiely's represents, Evan Lonergan of Knight Frank said: "The owners, Pat and Mary Crimin, are retiring after a very successful tenure running one of Dublin's best-known pubs. The availability of Kiely's creates an opportunity for a developer to produce an extremely well-positioned residential, office or hotel development subject to planning permission in a prime Dublin 4 location.
"We expect strong demand emerging from residential, office and hotel developers given the significant potential for the site".