Pub sales reflect boom time values

A further €1m-plus Cork city bar and nightclub sale has just concluded, with the Bowery on Tuckey Street selling off-market: it comes just as Wetherspoons are poised to reopen a premises now standing them a total investment of as much as €3.5m, a bar investment level seemingly back to boom time values.

UK multiple Wetherspoons are reported to have topped €3.5m in their overall purchase and refurb spend on the former Newport Bar and old Mangans nightclub on Paul Street and Careys Lane.

It reopens now on Tuesday next, titled the Linen Weaver and employing up to 75 full-and part-time staff, after a two years period of closure and significant rebuilding, over three levels.