County taverns on offer following city centre pub sale

Following on the sale of a city centre bar in Cork, close to the proposed new convention centre at South Gate Bridge, estate agent Con Nagle of Global Properties has a bar in Cork county offered next on his books, with a second similar due to follow in the coming weeks.

And, he says, all three are priced at not much more than the value of their residential accommodation.

Mr Nagle has gone ‘sale agreed’ on the city’s Brown Derby bar, with two overhead apartments, near the Beamish and Crawford site which is destined for the Heineken/BAM-backed conference and events centre. It made c €200/220,000, and is being bought by an established city bar owner.

Now, the same Global Properties agent is selling the Arches Bar in Carrignavar village, five miles north of Cork city and the suburb of Blackpool.

It’s a 2,500 sq ft premises with three-bed private accommodation above.

The Arches is guided at €295,000, and trades well, Mr Nagle indicates.

He adds he is due to list another bar in the Bandon/Innishannon area shortly at the c €300k price mark.

Details: Global Properties 021-273038