Complex at your service

A 12,000 sq ft Cork City centre bar and nightclub complex has come to market as part of a liquidator/bank sale, guiding €875,000.

The Newport bar, cafe and bistro complex on Paul Street Plaza, along with the long-established Mangans nightclub, is for sale by private treaty for liquidator Cormac Fitzgerald, at a price set to generate a good level of interest. Pub sources say that the business was turning over as much as €70,000 a week at peak.

The Newport was developed over a decade ago by Kerry-based owners, who bought the old, elegant House of Donegal building in a prime, pedestrian corner setting opposite the Paul Street car-park, with the Opera Lane and Half Moon Street (Apple offices) close-by.