Cork bar to go under the hammer with €2.5m price tag

One of the largest bars and restaurants in Munster, the Wilton Bar in Cork's western suburbs, is to be sold next month in Dublin at public auction, with a guide price of €2.5m – and that's just a quarter of what it was due to be sold for back in Celtic Tiger times.

The purpose-built bar, next to the Wilton Shopping Centre and the Cork University Hospital, is owned by the Peters family of publicans from Co Meath, who developed it 28 years ago, for a then-headline-making cost of £1m.