Friday 23 March 2018

Offers in excess of €750k sought for long-established Lighthouse pub

The Lighthouse in Dun Laoghaire is guiding at €750,000
The Lighthouse in Dun Laoghaire is guiding at €750,000
Ronald Quinlan

Ronald Quinlan

John Ryan of CBRE's hotel and licensed division is seeking offers in excess of €750,000 for The Lighthouse public house, in Dun Laoghaire, Co Dublin.

Located at 88 Lower George's Street, the Lighthouse (previously Weir's) is a long-established licensed premises in the heart of Dun Laoghaire, mid-way between Dun Laoghaire shopping centre and Bloomfields shopping centre.

The Lighthouse is a two-storey, over-basement, red brick fronted licensed premises.

The accommodation briefly comprises a well-appointed ground floor lounge bar and outside smoking terrace, first floor self-contained function room, while in the basement there is a fully-fitted and equipped catering kitchen, keg and bottle stores and customer toilets.

John Ryan says: "This property offers the discerning publican the chance to acquire a well-located licensed premises offering considerable business potential.

"Currently run on conservative lines, the opportunity now arises to redevelop the current business model and exploit business opportunities in line with the continuing development of the area."

Dun Laoghaire and the surrounding suburbs of Glasthule, Monkstown and Sandycove have long been among south Dublin's most sought after residential suburbs, with excellent road and rail access to Dublin city centre.

The town itself is steeped in history while its harbour is a particular focal point and attraction for locals, day trippers and tourists alike.

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