Few Dublin pubs on market

Shortage of ‘product’ remains a prevailing feature of the Dublin pub market at present with very few pubs being offered for sale despite considerable appetite for well-located premises according to CBRE in its bi-monthly report, published recently.

As a result, spend has been “somewhat disappointing” reports CBRE.

“According to our research, a total of 23 pubs sold in Dublin during the first nine months of 2016 totalling approximately €28 million between them. A further 13 pubs totalling €22 million are currently ‘sale agreed’ although not all of these transactions are likely to be closed by year-end,” states the report.

But according to CBRE’s John Ryan in the Irish Times, “I expect the full year to turn out similar to last year.”




Sign Up for Drinks Industry Ireland

Get a free weekly update on Drinks Industry trade news, direct to your inbox. Sign up now, it's free