Now called the BK2, the circa 8,000 sq ft premises, at Crestfield, Glanmire, was developed in the early 2000s by dual GAA star, Teddy MacCarthy, who put the then-named Ghlaise Bhuí up for sale for €3.25m. It was bought by a consortium, and is now back for sale, as a going concern.
Another Co Cork bar, the Castle, in Bandon, is for sale with living accommodation, for under €300,000 (see below).
Being marketed by Tony Morrissey and Rory Browne, of Morrissey’s, BK2 is being brought to a speedy sale conclusion, with final offers sought tomorrow, Friday. It was built on the edge of the Owen O’Callaghan-developed Crestfield Shopping Centre, where Ryan’s SuperValu has continued to expand.
The BK2 building runs to 840 sq metres, on a 0.9-hectare site, with rental income from an overhead Indian restaurant. It has a beer garden and development potential and is close to well-populate estates like Hazelwood, Oakfield, Meadowbrook and Springmount.
- Meanwhile, Bandon’s Bridewell bar has just sold to a US buyer, but who will buy the Castle Bar, which is priced at €290,000,in the West Cork town? The Bridewell’s buyer came from left of field and across theAtlantic, paying under the €130,000 guide for the end-terrace, three-storey building on Oliver Plunkett Street, which needs further investment.
The same selling agents also have the family-owned O’Hara’s bar, on Kilbrogan Hill for sale, at €295,000 and has high-quality interiors and overhead living accommodation.
The Castle Bar is on Castle Road/O’Mahony Avenue.
It’s owner-occupied and for sale for family reasons, and trades well, says its selling agent, Don Brennan, of Sherry FitzGerald Brennan Busteed.
He says the Castle Bar (which has a good profile, facing up the relief road called Chapel Hill) is long-established, with three bedrooms on its top floor and living accommodation on the middle floor.
There’s a good beer garden to the rear, plus outbuilding and rear access.
: Morrissey’s, 01-6765781; Sherry FitzGerald Brennan Busteed, 023-8854444.