Dublin,
05
April
2017
|
09:00
Europe/Dublin

Boland’s In Stillorgan For Sale

Dublin, April 2017 – The opportunity to acquire a landmark south Dublin licensed premises has arisen with the announcement that Boland’s in Stillorgan is for sale by private treaty through licensed property specialists CBRE.

Boland’s occupies a pivotal corner trading position at the intersection of Lower Kilmacud Road, Old Dublin Road and The Hill, close to the main N11 Dublin to Wexford Road.

The property is situated directly opposite the long established and busy Stillorgan Shopping Centre in the heart of Stillorgan Village, and diagonally opposite the Leisureplex entertainment complex which is earmarked for major redevelopment. There are a further two large sites also earmarked for major redevelopment namely, the former Blake’s Restaurant and Esmonde Motors sites. These redevelopment sites are likely to transform the landscape of Stillorgan in the coming years and create many new business opportunities.

Stillorgan is an affluent and well established suburb of Dublin approximately 10 kilometers from the city centre and along with the adjoining suburbs of Blackrock, Foxrock, Cabinteely and Kilmacud has a population in excess of 70,000 people.

Boland’s is a long established two storey licensed premises. The accommodation comprises ground floor lounge bar with an outside smoking area together with keg and bottle storage areas. On the first floor there is a further lounge bar and catering kitchen. There is a large rear yard also offering further expansion possibilities.

According to selling agent John Ryan of CBRE the sale of Boland’s offers an excellent opportunity to acquire a well-known and long established south Dublin licensed premises. At present, a satisfactory level of turnover is undertaken in the premises but with Stillorgan earmarked for major redevelopment the opportunity exists to exploit the trading potential of the premises in line with the continuing development of the area.

Offers in excess of €1.4m are being sought for the premises.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.