Saturday 16 December 2017

Four well known watering holes come on the market

FOUR licensed premises in the greater Dublin area have been brought to the market by Morrisseys in recent days with combined asking prices of more than €4.7m.

The four properties are unrelated and are being sold separately.

The well known Purty Kitchen in Temple Bar, Dublin 2 was previously known as Bad Bobs and has a €2.75m asking price. Its night club was a popular venue within the 1,357sqm premises.

Tom Kavanagh, receiver to Candy Operations Ltd, is selling the property. It changed hands at the peak of the market for roughly around €13m.

A sister business, The Purty Kitchen in Old Dunleary Road, Monkstown, Co Dublin, has gone sale agreed through the same agent.

Of the four coming to the market, the second highest price is the €950,000 being sought for The Baily Court, a former hotel, on a 0.383-acre site on the Main St in Howth, Co. Dublin. It is laid out with two lounge bar areas, a function room, an off-licence and a function kitchen at ground level.

At first-floor level there are 14 bedrooms, a dining room, office and kitchen while the second floor has six bedrooms. Smoking areas are located to the front and rear of the premises. The receiver is Jim Luby of McStay Luby.

The Tudor Inn, Main St, Blessington, Co Wicklow, is being sold by receivers at RSM Farrell Grant Sparks with a €600,000 guide price.

While the traditional style terraced premises extends to 241sqm, it has a long site to the rear which backs onto a road.

The fourth pub is McKenna's, 29 Upper Clanbrasssil St, Dublin 2, which has a €470,000 asking price.

Indo Property

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