Brazen Head tops guide price
No financial details of the transaction on the multi-million euro property complex have been divulged. However, it is likely to have made well over its E4 million guide.
John Hughes of CBREG, who handled the sale, said: “the property was purchased by local developers Robert Butler Group, who have other significant commercial property interests in the area.”
In fact, the company has an impressive 30-year development track record across a number of retail fronts (see its superb website www.robertbutlergroup.com), and is likely to expand on this site’s retail core area presence.
The Brazen Head was for several years the city’s most popular night-spot, with a variety of themed licensed sections. Visitors who dropped in included Richard Branson and Johnny Depp: last to drop in was a receiver, from Ernst and Young. It was put up for sale in the first half of 2004, with a E4 million price guide quoted by selling agents CB Richard Ellis Gunne.
Now, the company have confirmed the eventual successful sale of the complex, taking up nos 101-104 on Limerick’s O’Connell Street.
A primely-set city centre property in an area of continuing urban renewal, it is a link of interconnecting four-storey properties, on a site of 16,000 sq ft, with frontage to O’Connell Street and rear frontage to Post Office Lane.
It incorporates a sports bar, Ted’s night club, Keys Piano Bar, Bentley Barkers and Isaac Taylors Bar.
Details CB Richard Ellis Gunne
01 6185500
Robert Butler Group
061 411477
www.robertbutlergroup.com




