Superb opportunity to acquire Larry Murphy’s licensed premises (currently not trading), occupying a pivotal corner trading position on Baggot Street
The property is a substantial four storey over basement licensed premises with office accommodation on the upper floors. The accommodation briefly comprises ground floor and basement lounge bar (currently not trading) with office accommodation on the first, second and third floors. The licensed premises, which has not traded for several years, is fitted out in a traditional style but would require refurbishment prior to the recommencement of trade. The upper floor offices have two separate access points from Lower Baggot Street and Fitzwilliam Street Lower. Internally, the office accommodation is laid out to provide a mixture of individual offices over the three floors. The top floor offices are let on a 35 year lease from 1st July 2001. The tenant is not affected by the sale.Less
Larry Murphy’s licensed premises is located on the corner of Lower Baggot Street and Fitzwilliam Street Lower in the heart of the Dublin 2 Central Business District (CBD). The area, renowned for its Georgian buildings and squares is regarded as the prime office area of the city. The property is located beside Miesian Plaza which has become the headquarters of the Department of Health while the new ESB Headquarters on Fitzwilliam Street Lower is currently under construction. When completed this new office development will extend to c.45,000 sq m (c. 485,000 sq ft) and will be one of the most energy efficient and sustainable office developments in the city. Baggot Street is a busy main thoroughfare which links the city centre to many affluent south Dublin suburbs including Ballsbridge, Donnybrook, Sandymount and Ranelagh. It is also a vital pedestrian link for Baggot Street Upper and Lower. The property is close to St Stephen’s Green and to the premier retail precinct in and around Grafton Street. The property is also close to a many of the city’s premier hotels including The Shelbourne, The Merrion, The Dylan and The Fitzwilliam. In addition, the property is located close to Trinity College and to Government Buildings around Dail Eireann. The area is well served by public transport including LUAS at Dawson Street and the DART at Grand Canal which are both within a five-minute walk. The property is close to the popular Merrion Square which hosts many events throughout the year and to Aviva Stadium, home to Irish rugby while the RDS Showgrounds are nearby.