Long Established Suburban Pub Opportunity

Dublin April 2016 - CBRE have confirmed their instructions to offer The Killinarden House licensed premises, Tallaght, Dublin 24 for sale by private treaty on the instructions of joint receivers Stephen Tennant and Paul McCann, Grant Thornton.

The Killinarden House is located within the Killinarden Estate residential area, a short distance from The Square Shopping Centre and just off the main Dublin / Blessington Road (N81).

Tallaght is one of the largest residential and commercial areas of south west Dublin and is Ireland’s third largest population centre with a population in excess of 71,000 (Census 2011). Tallaght is located approximately 8 miles from Dublin City Centre and has excellent road and rail connectivity via the M50 Motorway and LUAS light rail transport system.

The Killinarden House is an extensive two storey licensed premises which extends to over 750 sq m of accommodation compromising a well-appointed ground floor public bar and an extensive lounge bar fitted out in a traditional style. To the rear there is a kitchen and ample keg and bottle storage areas. On the first floor there is a self-contained former nightclub area.

The entire is presented in an excellent condition throughout and according to John Ryan of CBRE the sale of The Killinarden House offers an excellent opportunity to acquire long established licenses premises with the scope to expand the current business levels.

Offers in excess of €550,000 are being sought for the property.

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.