Wednesday 22 November 2017

Bar plan gets green light at IFSC building

Former Excise Building was sold last year at auction
Former Excise Building was sold last year at auction

A company owned by two Hong Kong-based business people has been given the go-ahead by Dublin City Council to allow the entire former Excise Building in the IFSC to be used as a bar. The building has been sub-divided until now with leases granted for restaurant and café use.

The Hong Kong company, Jocartis, is controlled by Simon Leung Tak Ho and Lynette Yen Yuen Cheng.

The former Excise Building was sold last year at an Allsop auction and had a guide price of €650,000.

The two-storey building was built in 1821 and was sold by Allsop on behalf of a private individual.

The new owners had sought permission to revert the building, including its basement, entirely to use as a bar.

That was the enterprise granted under the original planning for the premises.

The decision by the new owners to revert the Excise Building entirely to bar use comes as new figures claim the number of people working for Ireland's export-focused financial services firms jumped in 2012 to 35,700. About 25,000 of those are employed in Dublin, many of them within the boundary of the IFSC. Another 10,000 or so are employed outside the capital.

Irish Independent

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