Pub with of­fices and apart­ment at €1.4m

Irish Independent - Business Week - - COMMERCIAL PROPERTY - Ron­ald Quin­lan

PUB and ho­tel spe­cial­ists Mor­ris­sey’s are to of­fer Nash’s li­censed premises at the in­ter­sec­tion of Patrick Street with Kevin Street in Dublin for sale by public auc­tion at 3pm on Tues­day July 18 next.

De­vel­oped in 2006, the prop­erty is a pur­pose-built struc­ture com­pris­ing a li­censed premises fit­ted in the style of a tra­di­tional Dublin bar at ground and base­ment level; open-plan of­fice ac­com­mo­da­tion at first- and sec­ond-f loor lev­els; and with a two-bed penthouse apart­ment with city views from a large en­closed ter­race at thirdf loor level. The en­tire prop­erty is be­ing sold with a guide price of €1.4m and comes with vacant pos­ses­sion, al­low­ing the prospec­tive pur­chaser to re- es­tab­lish a pub busi­ness while also de­riv­ing in­vest­ment in­come from the up­per f loors.

The im­me­di­ate area has seen sig­nif­i­cant de­vel­op­ment in re­cent years. Large-scale de­vel­op­ments cur­rently un­der­way in­clude a 137-bed ho­tel by Dalata lo­cated directly op­po­site and the di­vi­sional head­quar­ters of An Garda Siochana im­me­di­ately ad­ja­cent to the prop­erty. There is also a strong inf low of year-round tourist traf­fic with no­table vis­i­tor at­trac­tions such as St Patrick’s Cathe­dral and the Teel­ing Whiskey Dis­tillery both lo­cated nearby.

Mor­ris­sey’s will auc­tion the prop­erty at 3pm on Tues­day, July 18 (un­less pre­vi­ously sold) in their of­fices at Mer­rion Build­ing, Lower Mer­rion St, Dublin 2. Fur­ther de­tails are avail­able through Rory Browne and Tony Mor­ris­sey.

Nash’s li­censed premises is be­ing sold with vacant pos­ses­sion

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