Famed Cork bar, the Leeside Angler’s Rest, has been put on the open market all ready for new owners and drive, carrying a €680,000 asking price.
Selling agent Darragh Taaffe, of Keane Mahony Smith, describes it as “an iconic and renowned landmark hospitality premises, with majestic riverfront location.” It’s all that, and more, with a roadside tavern pedigree stretching back 200 years, and a beer garden running to the river’s edge, popular for decades before the smoking ban made such outdoor amenities de rigueur.
The Angler’s Rest has immediate scope for reinvention and renewal, set between Ballincollig and Blarney, on a popular tourist route west and to Blarney, at the confluence of the River Shournagh and River Lee.
It’s sizeable too, with over 5,000 sq ft over two levels thanks to a first-floor function room, on c 2.5 acres which includes parking across the road.
Tourist buses to Blarney pass by daily, and Cork County Council is moving on aspirational long-term plans to extend the river-fronting amenity park and walk/cycle paths from the Lee Fields by County Hall out towards Ballincollig’s Regional Park, passing close to the Angler’s Rest under Carrigrohane Castle by the busy road junction.
Given its pedigree and its potential, KMS’s Mr Taaffe expects quite broad interest in the prospect to take on the Angler’s as long-time owner Vincent McLaughlin is retiring: “traditionally it has been a great tourist stopping point for travellers going west from the city, it is a destination pub waiting to be reinvented,” he asserts.
It had been previously on the market in 2001/2002, guided at €4 million in 2002 when Mr McLaughlin was also selling the Mutton Lane Inn in Cork centre for €1m, and the latter ultimately did change hands.
Previous owners of The Angler’s Rest included a consortium for a brief period, and the Moxley family. Playwright Gina Moxley drew on the setting for her hit play Danti-Dan, and recently in an interview recalled her family owning “a country pub” and added, “I was serving pints to alcoholics when other little girls were going off to ballet class.”
Since then, The Angler’s Rest has also been a food/restaurant destination as much as a pub, popular for family events with full catering facilities.
Leaving aside Ballincollig and Blarney developments, there’s planning permission for up to 200 new homes in the area, from Kerry Pike to the Model Farm Road, and these will add to the existing catchment, notes Darragh Taaffe.
It’s one of a number of ‘Angler’s Rests’ around the country. Dublin has one similarly named at the Strawberry Beds, up the River Liffey from Dublin.
The selling agent for Cork’s Angler’s Rest ventures the opinion that “it must arguably be the most picturesque beer garden in Ireland, on beautiful grounds sloping gently to the banks of the Lee and Shournagh rivers.”
Details: Keane Mahony Smith 021-4273011
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