Baker’s Corner goes for €5m

Having traded there for more than 25 years the 1.2 acre premises with development opportunity has been bought by the Loyola Group which owns a number of Dublin venues including the Leopardstown Inn, The Old Spot and The Bath.

The Group also owns The Jar on Wexford Street, formerly Solas as well as The Cheeky Pup pub in Portugal’s Quinta do Lago district. The sale of Baker’s Corner includes investment property portfolio The Forge comprising three retail units, three residential duplex apartments and two office units worth over €150,000 per annum in rental income.

It’s thought that the Group will concentrate on food at the premises going forward.

The upstairs, which used to be a restaurant, is not in use at present so it’s likely that the Group will maximise the facilities and rent out the other parts of the asset for the time being.

John Brady continues to operate Brady’s in Shankill, South County Dublin.

CBRE Ireland handled the sale.