Monday 26 February 2018

Five public houses on the market with a total guide price of €3m

Hanlons of Prussia Street is for sale quoting €1m
Hanlons of Prussia Street is for sale quoting €1m
The Black Raven in Skerries is quoting €450,000
The Old County Bar in Crumlin is quoting €550,000
Taylors Three Rock Hotel, Rathfarnham is quoting €750,000
Peter Flanagan

Peter Flanagan

FIVE pubs have been put on the market by Morrissey's with a total asking price of nearly €3m.

The headline property is Hanlon's Pub on Dublin's northside, which is for sale by private treaty with a guide price of €1m.

The deadline for full and final offers is 3pm on Thursday, December 12.

Hanlons is described as "an ideal opportunity to acquire a renowned traditional style licensed premises enjoying a commanding corner trading position at the junction of the North Circular Road, Prussia Street and Old Cabra Road".

The pub extends to c932.28sqm GIA comprising an old world style public bar together with a "sizeable" modern lounge bar at ground floor level and a night-club or function room at first floor level with the necessary storage and service facilities and capable of enjoying a volume profitable business.

EQUIPMENT

The function room is presented in immaculate condition together with a purpose built bespoke DJ station incorporating audio, lighting and AV equipment and enjoys a fire cert for c.270 people.

The premises houses all the necessary kitchen, service and storage accommodation.

Surrounding occupiers include a bookmakers and a mini market with The Park Shopping Centre immediately adjacent on Prussia Street. The property is also located within close proximity to The Phoenix Park with its many attractions such as Dublin Zoo and Aras an Uachtarain together with several sports and recreational facilities.

Taylors Three Rock Hotel in Rathfarnham is for sale by tender with a price guide of €750,000. Offers must be in by noon on December 12.

The hotel extends to some 3,267sqm GIA on a site of about 1.05 acres. It enjoys prominent frontage to Grange Road and is adjacent to Marley Park.

The property comprises bar, lounge, kitchen and function accommodation to ground floor level together with two additional function rooms, additional kitchen space and 10 bedrooms on the first floor. It also has office and staff changing rooms on the second floor. Cold room storage is located to Basement level and the entire property is amply serviced by the necessary service and storage accommodation throughout.

The property also affords considerable alternative use potential subject to the necessary planning permissions and is zoned Objective "A" – "To protect and/or improve residential amenity" per the Dun Laoghaire Rathdown County Development Plan 2010 to 2016.

The Old County Bar in Crumlin is for sale by private treaty with a guide price of €550,000. The deadline for full and final offers is 3pm on December 4.

Morrissey's say the pub is a "sizeable, yet compact traditional premises which enjoys an excellent trading position on the Old County Road".

The premises extends to c490.07sqm comprising a public bar, lounge and off licence to the ground floor together with former first floor lounge or function accommodation with the entire "enjoying all the requisite ancillary and storage facilities".

The Black Raven in Skerries can be had for €450,000. Offers must be submitted by December 12 at 3pm.

The Black Raven comprises a "traditional style Lock-Up Licensed Premises located at the centre of Skerries enjoying a pivotal trading position within the towns commercial core", say the agents.

The property is laid out over ground and first floor levels with public bar, lounge bar, storage and service accommodation located on the ground floor, all of which is presented throughout in excellent trading condition.

First floor accommodation boasts a separate and self-contained four bed apartment laid out with two double ensuite bedrooms, two single bedrooms, kitchen, utility room, separate bathroom and living room.

The property further enjoys the benefit of a large enclosed tarmacadam car-park to the rear extending to around a fifth of an acre.

Morrisseys' Rory Browne believes The Black Raven represents "an excellent opportunity to acquire manageable traditional style lock-up licensed premises centrally positioned within a well-established coastal town".

"It affords excellent potential to re-establish a quality year round profitable local business that can be augmented by the tourism traffic frequenting the locality with the added benefit of a large four bedroom apartment overhead that is ideally suited to an owner operators residence, or alternatively a residential investment.

Finally The Trinity Arms in Drogheda is on the market for €265,000. Offers must be in by 3pm next Thursday.

The property comprises a two storey corner building with single -storey extension incorporating lounge bar and public bar at ground floor level and function accommodation to first floor level.

The entire property benefits from the necessary storage, service and toilet accommodation capable of enjoying a high volume business.

Irish Independent

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