Covid-hit publicans selling off pub licences for up to €50k

Gordon Kearney of Rooney Auctioneers said: "All the big supermarket multiples who want to sell alcohol need a current pub licence and are on the look out for them."

The Covid-19 crisis has prompted an increasing number of publicans to call time and cash in their licences which are fetching as much as €50,000, according to one Limerick auctioneer.

Gordon Kearney of Rooney Auctioneers said there is now a ready market for pub licences which are being snapped up.