Fox­hunter pub in Lu­can back on mar­ket

Prop­erty will in­ter­est re­tail­ers, fore­court op­er­a­tors and spec­u­la­tors among oth­ers 3.1 acre site, which sold for €17m at height of boom in 2007, could achieve about €3m

The Irish Times - Business - - FRONT PAGE -

The for­mer Fox­hunter pub in Lu­can is on the mar­ket through agent Sav­ills and, while there’s no of­fi­cial guide price for the prop­erty, it could achieve about €3 mil­lion – a long way off the €17 mil­lion it sold for at the height of the boom in 2007.

It sits on a 3.1-acre site with 127 me­tres of frontage to the N4 be­tween the vil­lages of Lu­can and Palmer­stown.

The agent sug­gests the prop­erty will in­ter­est re­tail­ers, fore­court op­er­a­tors, food and bev­er­age providers, and spec­u­la­tors. In ad­di­tion to re­tail, its zon­ing also al­lows for a mo­tor sales out­let and of­fices of less than 100sq m (1,076sq ft).

There could also be in­ter­est from de­vel­op­ers look­ing to re­de­velop the site for res­i­den­tial, given that it borders The Her­mitage es­tate to the south and west.

How­ever, this would re­quire a change of zon­ing and sug­gests a medium- to longterm de­vel­op­ment hori­zon.

Nev­er­the­less, plan­ning per­mis­sion was granted in 2006 for the con­struc­tion of 14 houses in its grounds, but the de­vel­op­ment never went ahead and per­mis­sion lapsed.

To the east of the site is a petrol fill­ing sta­tion and the north­ern bound­ary has frontage to the slip road off the N4.

Over on the op­po­site side of the N4 is The Her­mitage golf club.

Closed its doors in 2012

The Fox­hunter closed its doors in 2012 five years af­ter it was bought by Se­lect Re­tail Hold­ings, a con­sor­tium that in­cluded prop­erty de­vel­oper Bernard McNa­mara and re­tailer Si­mon Burke, for about €17 mil­lion with an eye to re­de­vel­op­ing it for re­tail and apart­ments.

Af­ter clos­ing, it was in the hands of re­ceiver Tom Ka­vanagh be­fore be­ing sold to Avoca in 2014.

The up­mar­ket cafe and life­style empire an­nounced plans for a new out­let there in 2014, which would pri­mar­ily have been used as a food mar­ket.

It was sup­posed to open in spring 2015 af­ter a €3.7 mil­lion in­vest­ment and em­ploy 50, but that plan was aban­doned.

To the east of the site is a petrol sta­tion and the north­ern bound­ary has frontage to the slip road off the N4.

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