Georgian on Stephen’s Green guiding €4.25m
A Georgian building with a seven-day publican’s licence and a restaurant near the top of Dublin’s Grafton Street is expected to attract considerable interest when it goes on sale at a guide price of €4.25 million.
The building at 10 St Stephen’s Green will be available with full vacant possession from early next year. Daniel McLaughlin of selling agent Bannon said No 10 would suit a variety of uses, and not just a bar and restaurant. The vendors have already carried out some feasibility studies to improve the internal layout of the Georgian property.
The three-storey over-basement building extends to more than 483 sq.m (5,202 sq.ft) and adjoins the renowned Hibernian Club. The ground and upper floors are currently trading as the No 10 cocktail bar and the Mamma Mia restaurant. The basement is vacant but previously traded as the Il Posto restaurant.
No 10 was previously owned by Markland Holdings, which sold it in 2014 for more than €2.5 million.
Bannon says the prestige associated with St Stephen’s Green should ensure an early sale.
