A round-up of other commercial property news in brief

€1m for canalside bar

A well known traditional bar, The Hatch Inn, on the Grand Canal at Hazelhatch, Newcastle, Co Dublin, has come on the market following the death of the owner Patricia Lee.

Lisney is seeking €1 million for the early 19th century bar which is to be sold along with the adjoining lands extending to 5.62 acres. It has obvious redevelopment potential because of the popularity of the area with day trippers and boating enthusiasts.

The bar and lounge are located at bridge level and can seat 70 people. There is a two-bedroom living area at a lower level and stores and office at basement level. A rear courtyard includes a former blacksmith’s forge which is listed for preservation.

The Hatch Bar is located close to both Newcastle and Celbridge.

Tom Taylor seeks shops

The German casual wear brand for men and women, Tom Taylor, is on the lookout for suitable stores in Dublin and in a number of provincial shopping centres.

The company has opened shops at Johnston Court in Sligo and Bedford Row in Limerick.

James Quinlan of Bannon, who is advising Tom Taylor, said they are seeking single level stores of up to 278sq m (3,000sq ft) and would also consider units of 92sq m (1,000sq ft) for denim businesses in strong locations. They would also consider going into partnership with upmarket department stores on a concession basis.

Holland & Barrett expands

Health food specialist Holland & Barrett has opened two further outlets at Shop Street in Galway and Main Street in Letterkenny. Despite the slowdown in consumer spending, the company plans to open five more stores in the Republic this year.

Keith Ruane of Colliers Jackson-Stops says that the rent on all new acquisitions would be based on turnover only, a trend that was now commonplace in the market.

€484 per sq m rent in D9

Savills is quoting a rent of €484 per sq m (€45 per sq ft) for the last remaining retail unit at Gulliver’s Neighbourhood Centre at Santry Demesne in Dublin 9. The shop has a floor area of 253sq m (2,723sq ft) and can be split into separate units. The centre is anchored by Eurospar and has four other traders – a coffee shop, dry cleaners, pharmacy and a beauty salon.