Last call to buy BK2 bar

A bar in the growing Cork satellite town of Glanmire has a sale date for full and final offers tomorrow, at a price in excess of €600,000. It sold in 2002 for as much as €3m.

Last call to buy BK2 bar

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.

Details

: Morrissey’s, 01-6765781; Sherry FitzGerald Brennan Busteed, 023-8854444.

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