Full and fi­nal of­fers be­ing sought for famed Kestrel pub in Walkin­stown

Irish Independent - Business Week - - APPOINTMENTS - Ron­ald Quin­lan

Rory Browne of pub and ho­tel spe­cial­ists, Mor­ris­sey’s is invit­ing full and fi­nal of­fers for the land­mark Kestrel li­censed premises in Walkin­stown, Dublin 12.

Lo­cated at the fa­mous Walkin­stown Round­about, the Kestrel en­joys the ben­e­fit of a thriv­ing trade drawn from Walkin­stown it­self, and the sur­round­ing sub­urbs of Kim­mage, Terenure, Rath­farn­ham, Knock­lyon, Tal­laght and Clon­dalkin.

The prop­erty also en­joys valu­able rental in­come from the ad­join­ing in­vest­ment which is let to Lad­brokes.

The well-known book­maker oc­cu­pies the premises un­der a 20-year lease which is cur­rently pro­duc­ing €24,000 plus VAT per an­num.

The Kestrel is well-ap­pointed in­ter­nally and has a tra­di­tional lay­out. Ex­ter­nally, the premises has am­ple off-street car park­ing.

In June 2015, the pub’s cur­rent owner se­cured plan­ning per­mis­sion for the de­vel­op­ment of an ex­te­rior, shel­tered beer gar­den and smok­ing area.

Rory Browne of Mor­ris­sey’s says: “The Kestrel rep­re­sents an ideal op­por­tu­nity to ac­quire a sub­stan­tial and well-known sub­ur­ban li­censed premises com­ple­mented by func­tion ac­com­mo­da­tion and in­vest­ment in­come.

“This will pro­vide the pur­chaser with the po­ten­tial to fur­ther de­velop and en­hance the prop­erty’s ex­ist­ing high­vol­ume food and bev­er­age busi­ness.”

Full and fi­nal of­fers are due for sub­mis­sion to Mor­ris­sey’s by 3pm next Thurs­day, Oc­to­ber 18.

Fur­ther de­tails and view­ing ar­range­ments are avail­able by con­tact­ing Rory Browne.

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