Popular Navan bar comes to market with €1.35m guide
One of Navan’s most popular licensed premises, Ryan’s Bar, Trimgate Street, has come to the market and joint agents BDM Property and REA T&J Gavigan are seeking offers in excess of €1.35m.
The business has benefitted from the increase in Navan’s population over the past decade and the Co Meath town now boasts a population close to 40,000 people.
The property is located immediately adjacent to St Mary’s Catholic Church and is within a short walk to the GAA sportsground at Páirc Tailteann and to Our Lady’s Hospital. Close by is Navan Town Centre Shopping Centre and many other retail stores and shops.
At present, a substantial drink and food turnover is generated in the premises which is regarded as the main sports bar in the town for rugby, horse racing, Gaelic and soccer supporters.
Its food business currently accounts for about 20pc of turnover but it has potential to expand into breakfasts, evening and Sunday lunch catering.
Proprietor Mick Ryan, who has traded here for almost 25 years, is retiring from the trade and selling the pub. Since acquiring it in 1998, Mr Ryan set about a programme of refurbishment and expansion, constantly upgrading and maintaining the property.
It extends to 7,987 sqft and is in good condition throughout.
Accommodation comprises a large ground-floor lounge bar with several individually styled and furnished areas including a cocktail bar section. Outside, there is a large beer garden with a covered seating area and veranda. On the first floor there is a function room fitted out in a contemporary style.
According to selling agent John Ryan of BDM Property, the sale offers an “opportunity to acquire a top-class licensed premises with an enviable reputation as one of the most popular licensed premises in the town and the ‘go to’ venue on big sporting events and other occasions”.
Joint agent Michael Gavigan of REA T&J Gavigan added that the pub enjoys a high volume of drink and food turnover. Its reputation is reflected in its award of “Meath Pub of the Year” in 2022.
Because of its proximity to Dublin, which is 50km away, and excellent road infrastructure, Navan has become a commuter town.