Uncle Tom's Cabin at €3.75m primed for redevelopment
Famous south Dublin pub zoned for housing
John Ryan of CBRE's hotel and licensed division is guiding a price in excess of €3.75m for the landmark south Dublin pub, Uncle Tom's Cabin.
Located at the heart of Dundrum and immediately beside the high-profile Dundrum Town Centre, the premises sits on a site of 0.32 hectares (0.8 acres) which is zoned 'Major Town Centre' (MTC) and 'Residential' under the Dun Laoghaire / Rathdown Development Plan 2016-2022.
Accordingly, the subject site presents a high-profile redevelopment opportunity subject to the necessary planning consents. The proximity of the site to Dundrum village is likely to appeal to a range of developers, retailers, investors, publicans and other high net worth purchasers seeking alternative investment opportunities.
Uncle Tom's Cabin occupies a high-profile location on Dundrum Road close to Dundrum village and the iconic cable-stayed Luas bridge at Taney Cross. The pub is situated in a highly sought after and densely-populated residential suburb of south Dublin, which is well known as being the home of the Dundrum Town Centre, one of the largest and busiest shopping centres in Ireland.
Dundrum itself enjoys excellent connectivity with easy access to the M50 motorway and the Luas light rail system. In addition, there are excellent bus connections to both Dublin city centre and Dublin Airport.
Uncle Tom's Cabin in long-established licensed premises. The property is being sold on behalf of Tony Collins who is retiring after a lifetime of service within the licensed trade. The Collins family have traded from the premises for 129 years having acquired the property in 1890.
In terms of its existing business, Uncle Tom's Cabin is an imposing, traditional-style licensed premises with extensive road frontage to Dundrum Road. The accommodation briefly comprises ground floor public bar, extensive lounge bar and compact catering kitchen facilities with a rear patio smoking area. There is a large basement with ample keg and bottle storage areas. On the first floor there is the former residential accommodation.
John Ryan of CBRE says: "The sale of Uncle Tom's Cabin quite literally represents a once in a lifetime opportunity to acquire a high-profile site located in the heart of Dundrum as the property last came on the market in 1890 - 129 years ago!"