JLL has been appointed as exclusive selling agents for Barry’s Hotel, situated at 1-2 Great Denmark Street, in the heart of Dublin City Centre.
Barry’s Hotel is offered for sale as a going concern with freehold title and vacant possession. The boutique 33-guestroom townhouse hotel boasts a prime location, just north of O’Connell Street. JLL say the hotel has a long established and profitable trading history, it boasts attractive Georgian features throughout and it also offers extensive development potential.
Furthermore, the property benefits from a grant of planning permission for an exciting 32-guestroom hotel extension to the rear, offering potential to double the current guestroom stock.
Offered at a guide price of in excess of €8.0M, viewing of the hotel is strictly by appointment with JLL.
The hotel was originally built as Lord Tullamore’s Townhouse in 1780 and converted into a hotel in 1889, it is one of the oldest hotels in the city. It has a long and eventful history, including playing a leading part in both the 1916 rising and the War of Independence, when it was occupied by numerous Irish leaders, including Eamon DeValera and Michael Collins. Indeed, Michael Collins is thought to have fired gun shots from the windows of Barry’s Hotel during the fighting.
In the dance and cabaret era of the 1950’s – 1980’s, the extensive ballroom at Barry’s Hotel hosted Irish showbands and singers. Lastly, its convenient location to Croke Park, means that the hotel will also be well known to GAA fans visiting the stadium only 900 metres away.
Commenting on the opportunity, Hotel Agent at JLL, Jack Fox said, "Barry’s Hotel includes a pair of prominent four--storey over basement townhouses, boasting 22 metres frontage to Great Denmark Street, a large ground floor bar and ballroom, all situated upon a large 0.27-acre city centre site."
Source: www.businessworld.ie