Bewley’s loses court battle over €1.4m annual rent

Bewley’s Cafe yesterday said that it was "immensely disappointed" at a Supreme Court decision which means it must continue to pay annual rent of €1.46m on its Grafton Street cafe until the next review in three years’ time.

The move comes after a company of developer Johnny Ronan won its Supreme Court appeal against a finding the €1.46m annual rent payable on the Grafton Street cafe must be allowed fall to reflect market rates.

The decision concerning the meaning of a clause in Bewley’s lease with Ickendel Ltd means Bewley’s must continue to pay annual €1.46m rent up to the next rent review in 2017.