Sunny south-east offers two pub opportunities
TWO pubs have come on the market in the sunny south-east. The more valuable is The Rivers Edge in Bunclody, Co Wexford, for which Lisney Morrissey's is guiding €400,000.
The other is Thomas Maher on O'Connell Street in Waterford city's trendy cultural quarter, for which agent Sherry FitzGerald John Rohan is guiding €320,000.
Formerly owned by one of Waterford city's most famous characters, Tom Maher operated it as a men-only pub despite protests and feminist pickets. He explained that "weak women, strong drink, long hours and short skirts are a bad combination".
In 2003 the pub was taken over by Bernard Kelly, a nephew of Tom's wife, and Bernard is now selling the three-storey 190sqm premises, which he updated to include a ladies' toilet while retaining its original long wooden bar and snug.
The Bunclody pub comprises a modern purpose-built premises with a reputation for food and entertainment. Overlooking the River Clody, it extends to 420sqm while a river terrace can seat 150. Its 0.15-hectare site also has 30 parking spaces.
Rory Browne of Lisney says the high-volume business continues to grow its tourist trade. The first floor also offers potential for alternative uses.