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Two southside Dublin bars could appeal to publicans and developers

Two southside Dublin pubs have come to the market in recent days through Lisney’s Licensed & Leisure department.

The most valuable of them is Bar Eile on the corner of Baggot Street Upper and Mespil Road in Dublin 4, which has a price guide in excess of €2m.

Formerly known as The Wellington, in 2021 it was bought for about €2.3m by investment group Dunmore which also owns Walters pub in Dún Laoghaire and is believed to be refocusing its business.

The property extends to over 320 sqm and has bars at ground, basement and first floor levels. With the benefit of Dublin’s prime office market, the Aviva Stadium and the RDS on its doorstep, the area boasts a cluster of hospitality businesses.

Bar Eile on the corner of Baggot Street Upper and Mespil Road in Dublin 4

Further south, Ryan’s Arbour House in Dundrum has a €1.75m-plus guide price. It stands on a 0.37-acre site with ‘neighbourhood centre’ zoning and also looks set to benefit from its proximity to the Central Mental Hospital where the Land Development Agency has permission to develop 977 residential units. It is also close to Windy Arbour Luas stop. It is being sold by the Ryan family who also own Ryan’s pub in Dundrum village.

Ryan’s Arbour House in Dundrum, Dublin

Ryan’s Arbour House in Dundrum, Dublin

The property is currently laid out with a public bar and lounge bar to the ground floor level, a former residence to the first floor and stores to the basement level complemented by on-site car parking.

While a feasibility study indicates potential for an 18-unit residential scheme on the site it may have capacity for a much higher density.

Lisney has set deadlines for full and final offers for Bar Eile on November 9 and Ryan’s on November 10, 2023.

Article by Donal Buckey of The Irish Independent.

By Kevin Kavanagh
27th October 2023