- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 3640 sq. ft.
EXCELLENT OPPORTUNITY TO ACQUIRE AN AWARD WINNING GASTRO PUB AND LONG TERM INVESTMENT PROPERTY
The current operator is prepared to take on a new Long Term Full Repairing and Insuring Lease of the entire premises and will agree to pay a rent of €100,000 p.a.
1/ 2 Chancery Lane is located to the immediate north side of the River Liffey, directly opposite the Four Courts and close to the junction of O'Donovan Rossa Bridge. The rear of the subject property is located directly opposite the Ormonde Building, which is occupied by the OPW, Regus Serviced offices and a Post Office and Costcutter convenience store on the ground floor. This is an excellent city centre location overlooking the River Liffey and the Four Courts.
The property is conveniently located in the heart of a Dublin tourism hotspot and is within a very
short distance from some of Dublins most popular and historic visitor attractions. Christchurch
Cathedral, Dublinia Viking Museum, St. Patricks Cathedral, Viking Splash Tours, The Guinness
Storehouse, Dublin City wall, Dublin Castle and several whiskey distilleries and visitor centres
including the newly refurbished Jameson Distillery in nearby Smithfield and Pearse Lyons distillery
on James Street and a host of popular hotels, cafés, bars and restaurants in the immediate area.
The Legal Eagle is also located close to the Digital Hub which is a start-up centre for Irelands largest
cluster of technology, digital media and internet companies. Some recent Digital Hub companies
include Amazon, Stripe, Daft.ie, Havok and Riverdeep etc. The close proximity of Smithfield
LUAS station provides excellent public transport access to the city centre, Irish Financial Services
Centre and the Silicon Docks.
This area of Dublin has recently seen some strong regeneration and development in recent years
including the refurbishment of the Jameson Distillery and the development of the old motor
tax office into a new hotel, pre-let rental of the Distillers Building by the OPW, and the ongoing
development of the DIT Grangegorman College Campus. Other developments planned for the area
include the development of the Fruit Markets into a world class food market by Dublin City Council,
the Guinness Brewery site into a dynamic urban quarter, the Iveagh Markets by DCC, Grand
Canal Harbour site by Marlet, Digital Hub phase two and development.
1/ 2 Chancery Lane has been beautifully refurbished to a very high standard by the
Winding Stair group to include a large ground floor restaurant and bar with seating for
approximately 100 customers. Most of the bars original features have been kept including some
of the original feature stained glass windows, brickwork walls, wooden bar partitions
with feature windows.
We understand that the property has a Gross Internal Floor Area of approximately 338.2 sq.m.
(3,640 sq.ft.) and benefits from a Seven Day Publicans Licence in addition to a restaurant
licence. The property has been fitted out to an extremely high standard to include bright and
spacious seating accommodation, a main reception and bar area, a large restaurant with roof box
ceiling, private first floor floor dining area, long bar and open plan kitchen area with pizza ovens,
ladies, gents, staff and invalid toilets. The property has good natural light with a large roof light
and a large timber frame shopfront with feature windows and a double door entrance.
The property design makes the most of the floor area and provides a separate bar/café area plus
bright and spacious seating accommodation that can comfortably seat up to 100 customers with
an additional private dining area for 40 customers on the first floor. The back of house space i.e. the
kitchen, cold store, dry store, keg room and toilets are in the basement, ground and first floors on the
opposite side of the windows. A property investor will benefit from the extensive fit-out works that
were carried out by the owner and current tenant.
Accommodation Gross Internal Floor Areas
Description Sq.m. Sq.ft.
Ground Floor Restaurant & Bar 120.5 1,297
First Floor Dining Area 77.7 836
Second Floor 54 581
Basement Floor 86 926
Total 338.2 3,640
The property is located one building to the north of the River Liffey and benefits from views
overlooking the Four Courts and the O'Donovan Rossa Bridge. The property is only a stones throw
from the Liffey and a walkway along the Liffey via the Liffey Boardwalk which overhangs the Liffey
and stretches from Grattan Bridge right up to the Custom House and the Matt Talbot Memorial
Bridge in the Irish Financial Services Centre. The property is located directly opposite the
infamous Four Courts buildings which were designed by James Gandon and built in 1786 to
1796 and featured in the 1916 Rising and Civil War of 1922. This building is linked via the Liffey
Boardwalk to another James Gandon neoclassical building, the Custom House.
The Legal Eagle is located close to some of Dublin's most popular and historic visitor
attractions. Christchurch Cathedral, Dublinia Viking Museum, Jameson Distillery, the
Smithfield Fruit Markets, St. Patricks Cathedral, Viking Splash Tours, The Guinness Storehouse,
Dublin City wall, Dublin Castle and several whiskey distilleries and visitor centres.
Zoning and Development potential
Zoning Z8 The property is zoned Z8 - Georgian Conservation Areas under the Dublin City
Development Plan 2016 to 2022
To protect the existing architectural and civic design character, and to allow only for limited expansion consistent with the conservation objective.
Investment - Lease
The current tenant The Legal Eagle (part of Winding Stair group) is prepared to take on a
new 25 year Full Repairing & Insuring Lease from 2019.
We understand that all mains services are connected to the property
Rory McDonald, Whitney Moore Solicitors, Wilton Park House, Wilton Place, Dublin 2
Dublin 7 Neighbourhood Guide
Get to know more about this area with our neighbourhood guides, explore property prices lifestyle & more...