Two pubs sell for over £3m each

Pub sales dominated auction rooms last week, as the residential market went on its summer holiday

Pub sales dominated auction rooms last week, as the residential market went on its summer holiday. Two Dublin pubs, one in Rathmines, the other in Glasnevin, sold for over £3 million each.

The Coal Porter at 82 Lower Rathmines Road, Dublin 6, was withdrawn at £2.4 million and sold immediately after auction for over £3 million through Gunne Commercial. In Glasnevin, Dublin 9, The Bird's Nest at 22/26 Botanic Road was also sold after auction through Gunne for over £3 million.

Another pub in Dublin 6, The Station, at 196 Lower Rathmines Road was withdrawn at auction at £1.25 million and is under negotiation through Gunne Commercial.

Outside Dublin, a residential licensed premises, The Tavern at Murrisk, Westport, Co Mayo, was sold at auction for £355,000 through Brendan Tuohy & Co.

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And in Co Louth, Michael J Barry's licensed premises at Louth village, Dundalk, was sold at auction for £420,000 through Laurence C Gunne.

In Co Wicklow, a residential newsagents and off licence, Morris's Newsagency at Aughrim, was withdrawn at auction and agents Sherry FitzGerald-Myles Doyle are seeking offers in the region of £500,000.

In Dublin 1, a three-storey Victorian building consisting of a shop with basement and residential units, Arran House at 35 East Arran Street, was withdrawn at £450,000 and is under negotiation through the Property Shop.

Meanwhile in Co Cavan, a 10-bedroom hotel, The Percy French Hotel at Ballyjamesduff, was withdrawn at £625,000 and is under negotiation through joint agents Sherry FitzGerald-Royal and Padraig Smith.

In Co Wexford, a newsagency with overhead investment, the Commodore Barry at Crescent Quay, Wexford was withdrawn at auction and agent John W Corish is now quoting £725,000.

Again in Co Wexford, the same agent withdrew a restaurant with supermarket, Ivory House at Tagoat, at auction and is now quoting £550,000.

In Co Wicklow, 64 acres of agricultural land with full planning permission for a four-bedroom residence was withdrawn at auction and is under negotiation through Remax First.