Co. Kildare Pub Silken Thomas Announced As Ireland’s Great Roast 2021 Competition Overall Title Winner

Co. Kildare pub Silken Thomas has been announced as the overall title winner of the Ireland’s Great Roast 2021 competition.

Competition Information

The competition, which is held in association with Knorr Professional, celebrates the best roast dinners made by hospitality venues in Ireland.

Silken Thomas was one of 20 venues that were shortlisted for the 2021 competition.

Mystery diners ate at each of the shortlisted venues, and each venue was scored for food quality, customer service and overall value.

Silken Thomas will receive €3,000 towards catering equipment as well as support for marketing and PR as part of its prize for winning the competition.

Previous Win

Silken Thomas’s win follows its win of the title of Great Carvey of the Year – Pub in 2018 in a competition that was also held in association with Knorr Professional.

Silken Thomas Representative Statement

Brian Flannagan of Silken Thomas stated, “I’m delighted for the team that we’ve won Ireland’s Great Roast competition. They work hard every day to produce the best quality food for our customers. Over the past 20 years, we have continued to focus on ensuring we used the freshest and best quality ingredients possible. Fresh produce cooked correctly will never disappoint.

“We serve over 1,250 roast dinners each week and make sure each one is as good as the last. We’ve a very loyal customer base in Kildare so consistency is important. But we also take great pride in the hospitality and warm welcome each customer gets.”

Unilever Food Solutions Executive Chef Statement

Audrey Crone, executive chef at Unilever Food Solutions, stated, “Given the challenges faced by the hospitality sector over the past 18 months, we were really pleased to see that the focus on serving quality food hasn’t waned. It takes time and care to prepare and cook quality roast meals. So, it’s important we recognise this with awards like Ireland’s Great Roast competition. It’s a huge credit to the management, chef and service team at the Silken Thomas and it’s fantastic they are acknowledged with this win.”

Original article by Dave Simpson on hospitalityireland.com

Eight Irish Pub Properties Hit The Market

Eight Irish pub properties have hit the market.

Rossoulty Inn

Rossoulty Inn of Drombane, Thurles, Co. Tipperary, E41 E177, is being sold via DNG Liam O’Grady Auctioneers for €115,000.

The property’s listing on ogradyauctioneers.ie states, “FORMER BAR AND LOUNGE ALONG WITH 2 ACRES BEING SOLD VIA ONLINE AUCTION

“Formerly trading as ‘Rossoulty Inn’, this property has been closed for a number of years, but still has the benefit of a 7 day Publicans licence.

“Extending to C. 1500sqft, and contains a once thriving ground floor bar, along with overhead residential accommodation consisting of three bedrooms.

“This property would make an excellent renovation project to be turned into a home or other enterprise as an alternative to a public house.

“Lying on a site of C. 2 acres, this property is nicely nestled in serene and idyllic countryside.

“The property is located on the main Limerick/Thurles thoroughfare, situated just 12km from Thurles, and 5km from Upperchurch village.

“Viewing Highly recommended but Strictly by Appointment.

“Lounge/Bar 23’7″ (7.19m) x 24’0” (7.32m)

“Living Room 14’5″ (4.39m) x 13″0” (3.96m)

“Kitchen 8’9″ (2.67m) x 13’8” (4.17m)

“Bedroom 1 14’11” (4.55m) x 14’0″ (4.27m)

“Bedroom 2 10’7″ (3.23m) x 11’1” (3.38m)

“Bedroom 3 11’9″ (3.58m) x 14’5” (4.39m)

“Keg Room

“Ladies & Gents.”

Ferdia Arms

Ferdia Arms of Castle Street, Ardee, Co. Louth, A92 APK4, is being sold via Paddy Watters Auctioneers.

The property’s listing on paddywatters.ie states, “Price on request

“ID-12195

“FOR SALE

“Property Features

“Property Description

“Bar and Restaurant on Castle Street, Ardee, Co. Louth, for sale or rent. Currently no trading. Laid out in Bar, lounge, restaurant, ladies and gents, kitchen, beer cold room and beer garden. On the first floor, there are 6 bedrooms and a bathroom. There is the main dining room (40 seats), office and kitchenette.

“In addition to this, there is vehicle access and parking area, storage rooms.
“* Buildings circa 10,000 square feet in total *
“* Car parking circa 4,000 square feet in total

“Development opportunity with change of usage.
“Plans drawn up for 6 apartments and 4 retail units. Can be submitted for planning if desired.
“Rates are €12,000 paid directly to Louth Co Co.
“Up to date License
“Copy of trading account available on request
“Mains services and natural gas

“Viewing is strictly by appointment only.

“Bar, Lounge and Restaurant
“Double access from Castle St.
“Mahogany bar counter
“Seating for approx. 100 people
“Back bar for 30 people

“Water Closets
“Ladies and gents water closets with separate cubicles in gents
“Tiled flooring

“Kitchen
“Fully fitted commercial kitchen
“Walk-in chill room and walk-in cold room
“Food storage area

“Outside
“Beer laid out as a function area
“Automatic canopy covers x 2
“Beer storage area
“Food storage area
“Beer cold room
“Side access for deliveries
“Vehicle access and car parking to rear

“First Floor
“Main dining room with seating for 40 people
“Service kitchen
“Ladies and Gents water closets
“6 bedrooms
“Office with cctv control panel.”

Blarney Bar Property

A former bar and restaurant in Stoneview, Blarney, Co. Cork, is being sold via Irish & European Auctioneers, Estate Agents, Valuers and Chartered Surveyors for €450,000.

The property’s listing on Irishandeuropean.ie states, “Description

“This property comprises a substantial building which had been actively trading as a bar and restaurant until recently. The building has also been renovated recently and has been designed to make the most of the spectacular country views which are available. The property is just a short drive from Blarney Village or Killeens and is easily accessed off the Cork-Mallow Road.

“Set on c.1 acre, the property comprises a purpose built bar and restaurant with overhead offices. Adjacent to what was formerly the Blarney Golf Course the property provides panoramic country views. There is a large local population adjacent as well as Blarney Caravan and Camping Park and Blarney Pitch and Putt course. Internally the building is laid out in an open plan bar and restaurant area with toilets accessed via an entrance hall. The first floor comprises a mix of rooms and stores as well as toilet.

“Accommodation:

“Ground floor:
“Open Plan bar, restaurant area , Kitchen area with cold store, staffrooms Cooler room, keg store etc.
c.226.55 sq.m /c. 2437 sq.ft.

“First floor:
“3 large rooms and toilets off a central corridor:
“c127 sq.m /c.1375 sq.ft.

“Directions
“The property is located north east of Blarney Village just 2.5 km from the village centre. It is accessed from Blarney by turning onto Station Road, crossing over the N20 (Cork-Mallow Road) and turning right at the next crossroads. After turning right the property is on the right hand side after 350m. The property is also within a 15 minute drive of the City Centre.”

The Granite House

The Granite House of Main Street, Castledermot, Co. Kildare, R14 W578, is being sold via DNG McCormack for €475,000.

The property’s listing on mccormackgroup.ie states, “Description

“DNG McCormacks are delighted to offer to the market this bar, residence and large store for sale in the centre of Castledermot, Co Kildare.

“Located in a prominent position on Main Street in Castledermot, the bar extends to c. 195 sq. mtrs. and comprises of 4 lounges and WC facilities in modern decor throughout with outdoor smoking area. There is a large function room to cater for parties and a pool room with pool table.

“Living accommodation on the first floor and consists of kitchen, living room, 3 bedrooms and 2 bathrooms with an outdoor roof garden. All in very good condition and tastefully decorated throughout.

“There is also a large store adjacent to the bar that can be purchased separately which has great potential for a retail unit or residence subject to planning. This has single and double door access and has a stone effect interior and wooden beams giving it a rustic feel.

“Option 1 – Bar and Residence – €375,000
“Option 2 – Large Store €100,000
“Option 3 – Combined purchase €475,000

“Viewing is highly recommended on this thriving business premises

“Features

“Bar and Residence on Main Street Castledermot
“Large Store with great potential adjacent
“Good condition throughout
“Modern Decor

“BER Details

“BER: C2 BER No.800816720 Energy Performance Indicator:991.02 kWh/m²/yr

“Room Details

“Entrance – 2.3m x 1.5m
“Tiled floor, double access to both lounges

“Lounge 1 – 6.3m x 4.15m
“Timber floor, fireplace, TV point

“Lounge 2 – 5.4m x 3.7m
“Timber floor, stove

“Lounge 3 – 5.75m x 4.0m
“Timber floor, stove

“Lounge 4 – 10.5m x 5.1m
“Timber floor, stove, bathroom access, court yard access

“WC Facilities – 2.6m x 2.6m
“Tiled floor, 2 cubicles

“WC Facilities – 3.45m x 2.6m
“Tiled floor, 1 stall.”

The Lantern Bar

The Lantern Bar of Ballybane Shopping Centre, Ballybane, Co. Galway, is being sold via O’Donnellan & Joyce Auctioneers Limited for €350,000.

The property’s listing on property.donnjoyce.com states, “Description

“SUBSTANTIAL COMMERCIAL UNIT FOR SALE BY PRIVATE TREATY

“O’Donnellan & Joyce are delighted to offer this significant commercial premises to the market by private treaty.

“Being offered with full vacant possession and the benefit of an alcohol licence, The Lantern Bar offers an abundance of floor area which would be suitable for a variety of uses. The unit extends to 673 square metres (7,200 square foot) over two floors with a separate unit located on the first floor which was previously used as a pool / snooker hall.

“Ground floor accommodation comprises of a lounge room with bar, open plan bar / entertainment area and toilet facilities. The first floor benefits from two separate staircases leading to a large function room and bar area. The upper floors also consists of a kitchen area, toilet area & storage / office space. There is a further first floor space of approximately 334 square metres with separate off street access which would be suitable for a variety of uses.

“Located within Ballybane Shopping Centre which is anchored by Joyce’s Supermarket along with Boylesports Bookmakers and several retail units.

“For further information, please contact Shane McDonagh or Colm O’Donnellan of O’Donnellan & Joyce Auctioneers.

“Features

“Fully licensed premises.
“Offered with vacant possession.
“Substantial floor area suitable for a variety of uses.

“Negotiator

“Shane McDonagh

“Directions

“Fronting onto Ballybane Road & located within Ballybane Shopping Centre.

“BER Details

“BER: D2
“BER No: 800386948
“Performance Indicator: 947.74.”

R. Spain

R. Spain of Main Street, Shinrone, Co. Offaly, R42 CX27, is being sold via DNG Glen Corcoran for €275,000.

The property’s listing on dng.ie states, “Description

“DNG GLEN CORCORAN are delighted to present to the market this landmark Licensed Premises, known as ‘R.SPAIN’, strategically located on the corner of Shinrone’s Main Street & Roscrea Road. Shinrone, with a population of c. 645 people, is a picturesque village located in South Offaly, c. 13km from Birr & c. 10km nortwest of Roscrea. It covers a large rural hinterland and has a vibrant local community which includes a GAA Club, Soccer Club, Community Centre etc

“This long established public house comes with a 4 bedroom residence and extends to c. 295 sq.m over 2 floors. The main area bar is laid out in a traditional open plan format and extends to c. 65 sq.m. The warm and inviting interiorir accessed by a pair of stained glass doors & comes with a solid mahogany bar, solid timber flooring, plaster cornicing & solid fuel stove. The bar currently has a seating capacity for c. 60 patrons on bar stools and upholstered fixed seating. Externally, the owners have recently added an external covered seated area, with TV, catering for c. 20 patrons. The Ladies & Gents toilets are located between the Main Bar & Outside Area and are both in very good condition. Renowned for the quality of their ‘pint’, R. Spain’s pub has a cooled underfloor piped system leading from the Cool Room to the Bar, which provides for a top quality, consistent flow to the 8 draught taps. A pair of double gates from Main Street gives access to the rear concrete yard and further storage sheds.

“The residential element of the property comprises c. 200 sq.m laid out over 2 floors. Accessed via a single storey entrance on Roscrea Road, accommodation comprises Entrance Hall, Kitchen, Utility Room, Sitting Room 1, Stairwell, 4 Bedrooms (1 En-Suite), Sitting Room 2 & Main Bathroom. The property has been well maintained by the current owners and is in very good condition throughout.

“Viewing of this excellent property is highly recommended through sole selling agents: DNG GLEN CORCORAN

“NOTE: Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

“Features

“7 Day Licenced Premises
“Ready to Go Business
“High Quality Fixtures & Fittings
“Cool Room & Keg Store
“Residential Acc. of c. 200 sq.m
“Oil Fired Central Heating

“BER Details

“BER: BER No.Pending Energy Performance Indicator:Pending kWh/m²/yr

“Directions

“Simply imput the Eircode N37 CX27 into Google Maps & Follow Directions!

“Viewing Details

“Strictly by Appointment Only

“Rooms

“Public Bar – 11.87m x 5.44m
“Solid Timber Floors, Terracotta Tiling to Bar Area, Moulded Plaster Cornicing, Solid Mahogony Bar with 8 Draught Taps, Extensive Shelving & Optics, Seating for c. 60, Solid Fuel Stove with Mahogony Fire Surround, Dart Boards etc

“Gents WC – 2.88m x 2.42m
“Fully Tiled Walls & Floors, WC Cubicle, 3 x Urinals & Vanity Basin

“Ladies WC – 2.64m x 2.19m
“Fully Tiled Walls & Floors, WC Cubicle, 2 x Vanity Basins

“Entrance Hall – 2.2m x 1.82m
“Carpet to Floor

“Kitchen – 5.95m x 3.52m
“Bright & Spacious Fitted Kitchen with Extensive Wall & Base Units, Tiled Breakfast Bar & Worktops, Ceramic Tiles to Floors. Direct Access to Main Bar Area

“Sitting Room 1 – 6.06m x 4.69m
“This Exceptionally Spacious Sitting Room comes with Carpet to Floors, Vaulted T&G Timber Ceilings with Velux Roof Lights, Solid Fuel Stove & Patio Doors Leading to Rear Decking Area.

“Utility Room – 2.19m x 2.66m
“Plumbed for Washing Machine

“Stairwell – 3.3m x 1.92m
“Carpet to Floor & Stairs, Timber Dado Rail to Wall & Long Feature Window to End Wall

“Landing – 1.97m x 4.73m
“Carpet to Floor & Stairs, Timber Dado Rail to Wall & Long Feature Window to End Wall

“Sitting Room 2 – 5.47m x 4.91m
“Located to the 1st Floor & Equally as Spacious as the Ground Floor Sitting Room. Comes with Feature Fireplace & Carpet to Floors.

“Bedroom 1 – 4.74m x 4.1m
“Master Bedroom Comes with Carpet to Floors, Fitted Wardrobe & En-Suite

“En-Suite – 2.4m x 1.72m
“Fully Tiled Walls & Floor, WC, WHB, Bidet & Shower Enclosure

“Bedroom 2 – 4.19m x 3.81m
“Spacious Double Bedroom comes with Carpet to Floors & Fitted Wardrobes

“Bedroom 3 – 4.07m x 3.23m
“Spacious Double Bedroom comes with Carpet to Floors & Fitted Wardrobes

“Bedroom 4 – 3.42m x 2.6m
“Double Bedroom comes with Carpet to Floors & Fitted Wardrobes

“Main Bathroom – 2.67m x 2.35m
“Fully Tiled Walls & Floor, WC, WHB, Bidet & Corner Bath.”

An Teach Beag

An Teach Beag of 15 Connolly Street, Midleton, Co. Cork, is being sold via Andrew Moore & Co Auctioneers for €280,000.

The property’s listing on property.ie states, “Property Description

“‘A well positioned licensed premises’

“**LOUNGE BAR ** BEER GARDEN ** 3 BEDROOM HOUSE ** REAR ACCESS **

“LOCATION: Just a short distance off the main street, on a wide street scape in the heart of this progressive and expanding town.

“DESCRIPTION: This three storey commercial and licensed premises with overhead accommodation has a lot of potential. It could continue in its present format or could be utilised for a different usage. While considerable outlay has been expanded the property will need some further outlay to bring it up to today’s standard. It benefits from rear vehicular access. The original outhouses have we are advised been re-modelled and now include the restrooms and service area.

“ACCOMMODATION

“Ground Floor: Front Bar, Ladies, Gents and Disable w.c., Cold Room, Boiler House.

“First Floor: Sitting Room, Kitchen.

“Second Floor: 3 Bedrooms, Bathroom.

.”OUTSIDE: This on street property, benefits from rear vehicular access. This walled section also contains the beer garden and cold room.

“SERVICES: All mains services.

“HEATING: Gas fired central heating.

“TITLE: Freehold.

“SOLICITOR: Mr Diarmaid O’Cathain, 30 South Terrace, Cork.

“BER Details

“BER No. 800817447

“Energy Performance Indicator: 765.40 kWh/m2/yr.”

Fahy’s

Fahy’s of 15 Ladyswell Street, Cashel, Tipperary, Co. Tipperary, E25 RW10, is being sold via REA Stokes & Quirke for €280,000.

The property’s listing on reastokesandquirke.ie states, “At a glance…

  • “Superbly located and fully furnished pub & restaurant with vacant possession
  • “Deceptively Spacious and recently renovated
  • “Excellent position for passing trade in this busy tourist destination
  • “Within Walking distance from Rock of Cashel
  • “In Showroom condition through out
  • “Early viewing is recommended

“Description

“Description

“Centrally located landmark restaurant and public house for sale with vacant possession. This recently renovated bar and restaurant is located at 15 Ladyswell, Cashel. Centrally located within walking distance of the iconic Rock of Cashel. This premise is fully furnished, has a purpose fitted out kitchen and seating capacity for 50 patrons over head/first floor. The overall usable floor area of the licensed premises is c.219 sq.m with a BER D2.

“Features

“Superbly located and fully furnished pub & restaurant with vacant possession

“Deceptively Spacious and recently renovated

“Excellent position for passing trade in this busy tourist destination

“Within Walking distance from Rock of Cashel

“In Showroom condition through out

“Early viewing is recommended

“BER Details

“BER: B2

“Directions

“The property is located at 15 Ladyswell Street in Cashel fronting out onto the busy R639 – within walking distance of the Rock of Cashel – Eircode E25RW10.”

 

 

Original article by Dave Simpson on hospitalityireland.com

Donnybrook Fair Food Hall And Restaurant To Open in Dublin Suburb Of Dundrum On December 3

new Donnybrook Fair food hall, restaurant and private dining outlet will open in the Dublin suburb of Dundrum on Friday December 3.

As reported by The Irish Times, the high-end specialist grocer, which is now a part of the Musgrave Group, will open the new outlet in Dundrum Town Centre’s Pembroke Square.

Donnybrook Fair Managing Director Statements

Donnybrook Fair managing director Des O’Mahony reportedly said that the new outlet is going to be “very different” to the brand’s existing stores, and that he sees the offering as a “real food adventure for people”.

O’Mahony reportedly said, “Our ambition for the future is very much based on growth,”, and that online is another area that he hopes to increase over the coming year, enhancing the store’s e-commerce outlet.

O’Mahony reportedly said, “We saw a lot of growth during the pandemic,”, and reportedly noted the popularity of food boxes and gifts such as hampers.

Donnybrook Fair Information

Donnybrook Fair was founded in the Dublin suburb of Donnybrook by Joe Doyle, and was acquired by Irish food wholesaler Musgrave in 2018 in a deal reportedly worth up to €25 million.

The Doyles are reportedly no longer involved in the business, with O’Mahony assuming the top job at the artisan grocer in March of 2020, which he reportedly said was “a strange time to start a new job”.

In 2018, artisan Irish grocer Fallon & Byrne agreed a deal with Dundrum landlord Hammerson to take over the space now occupied by the new Donnybrook Fair outlet in April of 2020 with a flagship food hall, delicatessen and restaurant, but it reportedly pulled the plug on its planned Dundrum outlet in early 2020, leaving a gap for Donnybrook Fair to fill.

O’Mahony reportedly will not disclose if the terms of the lease it struck with Hammerson in the wake of Fallon & Byrne was a particularly favourable one.

The new 900 square metre (9,688 square foot) Dundrum outlet is reportedly the result of a €4.5 million investment, and will reportedly create 70 jobs.

The opening of the new Dundrum outlet will reportedly bring the chain’s footprint in Ireland to six outlets, four in Dublin (Donnybrook, Stillorgan, Malahide and Baggot Street) and one in Wicklow (Greystones).

Additionally, the group has reportedly just spent €3.5 million on an upgrade of its Donnybrook Fair Central Kitchen in the Dublin suburb of Clondalkin, which is a move that will reportedly create 50 further jobs.

 

 

Original article by Dave Simpson on hospitalityireland.com

Hospitality Ireland Presents Round-Up Of Island Of Ireland Hotel And Accommodation Industry News

Hospitality Ireland presents a round-up of island of Ireland hotel and accommodation industry news.

Revenues Decreased At Doonbeg Golf Resort Last Year

As reported by The Irish Times, the Donald Trump-owned Doonbeg golf resort saw revenues decrease by €8.23 million (68.6%) last year from €12 million to €3.76 million.

New accounts for the company behind Trump’s business in Doonbeg in Co. Clare reportedly reveal pre-tax losses more than doubled in 2020 to €3.59 million, as COVID-19 restrictions impacted on the business.

The pre-tax loss last year reportedly follows a loss of €1.37 million in 2019. It reportedly takes account of hefty non-cash depreciation and amortisation charges of €1.6 million.

The business reportedly lost more than half its workforce in 2020 as numbers employed reportedly decreased from 230 to 112, with staff costs reportedly falling to €3.5 million from €6.5 million. The company reportedly received €496,565 in government wage support schemes.

The former US president’s sons, Eric and Donald jnr, are reportedly among the company’s directors. They reportedly said that while the resort’s closure due to pandemic restrictions had “a direct impact on the group’s results for 2020”, the business had “returned to pre-COVID-19 levels of trading” since it reopened in June.

The directors reportedly said that they were confident the business could achieve its budgeted results for the remainder of this period and return to normal trading conditions in the near future.

They reportedly said that the company was in the process of upgrading facilities at the resort and reportedly expect “this will enhance the customer experience and have a positive impact on the company and group’s trading results”.

The Trump Organisation has reportedly ploughed more than €40 million, including the purchase price, into the resort since it came under its ownership in February 2014. The latest accounts reportedly reveal that a further €1.5 million was invested last year. This reportedly followed a capital contribution of €1.8 million in 2019.

Airbnb Irish Staff Get Over $55m In Share-Based Pay

As also reported by The Irish Times, staff at an Irish unit of Airbnb last year enjoyed a pay bonanza following a share-based payment of $55.46 million (€48.94 million).

Reportedly according to accounts lodged with the Companies Office, staff at Airbnb Ireland last year shared total pay of $98.6 million. That reportedly comprised salary of $43.14 million and share-based payments of $55.46 million, reportedly equating to average pay of approximately $200,000 (€177,000) per employee for the year. Employee numbers reportedly decreased from 498 to 444 over the course of the year.

The share-based payments reportedly contributed to overall remuneration, reportedly more than doubling last year from $39.36 million in 2019.

Airbnb has its headquarters for its Europe, the Middle East and Africa operations in Dublin. The large hikes in pay for customer support, administration and marketing staff at Airbnb Ireland reportedly came even as revenues decreased by 385, or by $1.1 billion, to $1.79 billion.

The Dublin-based company reportedly operates the online marketplace for Airbnb outside the US, China and a portion of Japan.

The accounts reportedly noted that in early 2020, as COVID-19 disrupted travel around the world, Airbnb’s business declined significantly. “But within a couple of months, the business model started to rebound even with limited international travel,” the accounts reportedly said, and, “Notwithstanding this rebound, the COVID-19 pandemic continues to materially and adversely impact our turnover and financial results for 2021.”

The firm reportedly recorded a pre-tax loss of $3 billion. This reportedly arose mainly from a non-cash writedown of $2.57 billion related to intellectual property. The losses reportedly also take account of combined non-cash amortisation and depreciation costs of $422 million.

Airbnb Ireland reportedly sold its intellectual property rights in relation to the EMEA and Asia Pacific regions during the year to its parent, Airbnb Global Holdings, for $3.6 billion.

The directors reportedly state that following the sale and distribution of the intellectual property during the year, the company transitioned to a limited risk distributor model and is remunerated accordingly.

Directors’ pay last year reportedly increased almost threefold to $2.6 million, reportedly including pay of $622,000, benefits under a long-term incentive scheme of $1.98 million and pension contributions of $16,000.

Cassidy Hotel Group Acquires Dublin’s Barry’s Hotel

As once again reported by The Irish Times, former Fianna Fáil senator Donie Cassidy’s Cassidy Hotel Group has acquired Barry’s Hotel in Dublin city centre for approximately €8 million.

While the hotel will be familiar to generations of Dubliners and visitors alike, for Cassidy it is reportedly a case of renewing his direct association with the property, which for many years, had reportedly formed part of his Dublin hotel portfolio, and reportedly served as the venue for what became known as “nurses’ dances”.

The sale of the Great Denmark Street landmark is reportedly understood to have delivered a significant return for its vendor, a private investor. The hotel was reportedly last sold in 2013 for approximately €1 million.

Reportedly built originally at Lord Tullamore’s Townhouse in 1780, the property was reportedly converted into a hotel in 1889, and has reportedly continued to trade as one ever since.

Barry’s Hotel has reportedly had an eventful history, reportedly including its part in both the 1916 Rising and the War of Independence. In the dance and cabaret era of the 1950s until the 1980s, its ballroom reportedly hosted Irish showbands, country dances and numerous international performers including Donovan, members of The Rolling Stones and U2. The hotel is reportedly well-known to GAA fans due to to its close proximity to Croke Park.

While the townhouse reportedly premises has 33 guestrooms currently, there is reportedly existing planning permission to develop a 32-room extension to the rear of the property.

The Cassidy Hotel Group was reportedly advised on the purchase of Barry’s Hotel by CBRE, while JLL reportedly advised the vendor. Both agents reportedly declined to comment on the deal when contacted by The Irish Times.

 

 

Original article by Dave Simpson on hospitalityireland.com

Press Up Hospitality Group Reportedly Paid €3.74m For Leasehold Of Dublin’s Clarence Hotel

Press Up Hospitality Group reportedly paid €3.74 million to Bono, The Edge and other shareholders for the leasehold of Dublin’s Clarence Hotel, according to new accounts for the entity behind Press Up, Orsen Ltd.

Details

As reported by The Irish Times, the accounts disclose that it had recorded earnings before interest, tax, depreciation, and amortisation (EBITDA) of €9.05 million in the 17 months to the end of May of 2020.

The operators of the Clarence Hotel, Brushfield, reportedly had €675,375 in cash and owed €692,662 at the time of the purchase in June of 2019 and the Clarence Hotel reportedly contributed €2.44 million to Press Up’s revenues from the date of purchase to the end of May of 2020. The hotel reportedly recorded a net loss of €55,364 for the period.

Bono, the Edge and Paddy McKillen snr reportedly retained ownership of the hotel building following the conclusion of the deal.

The Orsen accounts reportedly cover only two and a half months of the COVID-19 pandemic’s impact on the business. Press Up’s revenues reportedly totalled €99.6 million for the 17-month period.

Orsen’s operating profit reportedly amounted to €3.05 million after exceptional items of €2.2 million, and combined non-cash depreciation and amortisation costs of €5.99 million.

It reportedly posted a pre-tax profit of €1.27 million after making interest payments of €1.77 million. It reportedly received €1.97 million in Covid-19 State wage subsidies, according to the accounts.

Staff costs for the 17 months reportedly totalled €43.8 million, while directors’ pay reportedly increased from €209,038 to €1.03 million. Shareholder funds at the end of the last financial period reportedly totalled €7.22 million.

Spokesperson And Directors Statements, And Additional Figures

Commenting on the results, a spokesperson for Press Up reportedly said, “The directors are happy with the results of 2019/20. Following eight new venue openings in 2018, 2019 was a year of further expansion for the Press Up Hospitality Group, with four new venues added to the expanding portfolio.”

Press Up reportedly owed €30.9 million to banks at the end of the financial period, with a note attached to the accounts reportedly stating that, since May of 2020, the directors successfully negotiated a waiver on all of its financial covenants as well as agreeing deferrals in respect of capital repayments from March of 2020 to December of 2021.

The directors reportedly stated that 2020 “has been a difficult year for the hospitality sector as a result of the COVID-19 pandemic”.

The group had reportedly pivoted to provide takeaway and delivery capacity across key brands such as Elephant & Castle and Wowburger. The spokesperson reportedly said, “Having come through a tumultuous trading period, the group now looks ahead with positivity to the future.”

Press Up Portfolio

Press Up reportedly operates from 72 locations. Its expansion will continue next month with the opening of The Dean Galway, which is reportedly a 101-bed hotel off Eyre Square in Galway that will reportedly include an Elephant & Castle restaurant.

Mama Yo’s Chinese Restaurant will reportedly also open in late 2021 on Dublin’s Camden Street, and early 2022 will reportedly see the launch of Bray Central, which will reportedly be home to a multi-screen Stella Cinema, bowling, and Elephant & Castle and Wowburger outlets.

Potential Press Up Of Purchase Of Dublin’s Greenhouse Restaurant Falls Through

Additionally, The Business Post has revealed that a potential deal that would have involved Press Up Hospitality Group buying the premises of a former two-star Michelin restaurant in Dublin has fallen through.

As reported by The Business Post, a Press Up spokesperson said that The Greenhouse restaurant on the capital’s Dawson Street was looked at for “an existing brand” but that the purchase did not go ahead.

The restaurant reportedly said in May that it would remain temporarily closed after head chef Mickael Viljanen left to join Dublin’s Chapter One restaurant.

Prior to Viljanen’s departure, it had reportedly been advertising that it was reopening when COVID-19 pandemic-related restrictions lifted during the summer.

Greenhouse owner Eamon O’Reilly reportedly said when reached by phone last week, “I am looking for a chef for The Greenhouse. I have interviewed a couple of people and there are more to speak with.”

O’Reilly reportedly did not respond to queries about any deal with Press Up, reportedly saying that he was looking for a chef and “that is all I have to say”.

It is reportedly understood that Irish-based chefs have been approached about the position, but the role reportedly may involve searching abroad. The position would reportedly be a big one to fill, as The Greenhouse was reportedly awarded two Michelin stars in 2020 under Viljanen’s direction in the kitchen. It reportedly won its first Michelin star in 2016.

It is reportedly unclear what brand Press Up had in mind for the Dawson Street premises, which has reportedly been a fine dining establishment since it opened in 2012. A spokesperson reportedly confirmed that they were “not entering the fine dining scene”.

The company’s nearby brands include Sophie’s in the Dean hotel, which is a casual restaurant and popular brunch spot.

Across the road on Dawson Street, the group also has Peruke & Periwig, which is a speakeasy-style cocktail bar that serves food. It has reportedly also invested heavily in the takeaway market and launched a chain of luxury gyms in Dublin and Cork.

When Viljanen announced he was leaving the Greenhouse in May, O’Reilly reportedly tweeted a statement saying that it had come as a “complete surprise and shock” after a very long and successful relationship. He reportedly wished Viljanen the best and reportedly said that he would now take some time to decide how to move forward, “especially as all this has happened so suddenly”.

The restaurant reportedly tweeted at the end of July that it would be reopening over the coming months and that a press release with further details would be issued in due course.

It reportedly added, “Looking forward to welcoming you all back soon.”

 

 

Original article by Dave Simpson on hospitalityireland.com

Dublin Property With Permission For Hotel Development Has Its Price Reduced

A Dublin city property with permission for a hotel development has had its price reduced.

As reported by The Irish Independent, located at 134 James Street, Dublin 8, the mid-18th century house recently secured planning permission for a boutique 20-bedroom hotel, or alternatively it could have potential for an apartment development.

Details

Bryan Garry of agents QRE is reportedly now guiding €750,000 for the property, which will reportedly be auctioned online via the Offr platform on Friday December 10.

Before it secured planning permission, the building had reportedly been brought to the market with a €1.5 million guide price and the price was reportedly subsequently reduced to €1.2 million.

It is reportedly understood that it had been sale agreed in the region of €1 million until recently.

Now the vendor, a private Irish investor, is reportedly seeking to sell the building by way of online auction.

A feasibility study and report completed by Hughes Planning & Development Consultants and Long and Lawrence Architects has reportedly identified that it could also have potential for a 16-unit apartment development comprising 15 one-bedroom and one two-bed apartment over six floors with an ancillary retail unit at ground floor.

Located on a landmark position at the corner of James Street and Steeven’s Lane, the property reportedly comprises a two-bay, four-storey over basement house most recently in use as music rehearsal studios.

The end-of-terrace site reportedly extends to 0.066 acres while the existing building, reportedly incorporating a rear extension, extends to 484.92 square metres (5,220 square feet) and reportedly benefits from a right of way to the rear of the return over the adjoining site and onto Steeven’s Lane.

Additional Information

It is reportedly well located to generate both tourist and local business as it reportedly stands on the tourist trail that links Trinity College, Temple Bar, Christchurch Cathedral, St. Patrick’s Cathedral, The Guinness Store House and a number of local distilleries with The Royal Hospital in Kilmainham.

It is reportedly also less than 250 metres south of Heuston Station.

Major local employers reportedly also include the HSE headquarters as well as St James’s Hospital campus where the new National Children’s Hospital is being developed.

The Luas red line linking the city centre, IFSC, Heuston Station and the hospital reportedly also passes its front door.

 

 

Original article by Dave Simpson on hospitalityireland.com

Two Irish Restaurant Properties Hit The Market

Two Irish restaurant properties have hit the market.

Fusciardi’s Café

After being listed for sale via Flynn Estate Agents earlier this year, Fusciardi’s Café of 27 Marlborough Street, Dublin 1, has now been listed on daft.ie as being for sale by a private user.

The property’s listing on daft.ie states, “Description

“Sale Type: For Sale by Private Treaty

“Overall Floor Area: 1130 sq. ft.

“***GREAT BUSINESS OPPORTUNITY***

“Great opportunity to acquire a long term leasehold in Dublin’s North Inner City. The 105 sq/m unit occupies an excellent trading position less than 500 meters  from The Spire, O’Connell Street and is currently trading as a well established fish and chips restaurant and take away with seating for 40 people. Strong residential, office, tourist and passing trade client case for over 30 years in business.

“Leasehold interest is being sold as a going concern with all contents, stock, fixtures and fittings included. Unit includes large basement with ample storage area with three WC.

“Interested parties must demonstrate proven track record and ability to perform financially.

“**Key Money Required**

“Interested parties are specifically advised to verify the floor areas and to undertake their own due diligence. The sizes listed above are for guidance purposes only and should not be relied upon for rent calculations or other requirements.

“Long Term Leasehold

“Restaurant Area Seats 40 People

“Fully Kitted Out As Restaurant & Take Away

“Large Basement Area

“105sq/m.”

La Trattoria

La Trattoria of Stone Court Centre, Roscommon Town, Co. Roscommon, is being sold via RE/MAX Team Earley.

The property’s listing on remax-ireland.com states, “RE/MAX Team Earley are delighted to present this landmark restaurant with office potential in the Stone Court Centre, Roscommon Town.

“With a floor area of approx. 2000 sq. ft. this unit comes to market in fantastic condition and ready for immediate occupation.

“There is a fully equipped kitchen and 2 customer toilets as well as seating for up to 100 patrons, accessible via a lift, this prominent unit overlooks Roscommon’s new Civic area.

“Contract RE/MAX Team Earley for more information

“All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.”

 

 

Athleague Commercial Property

Additionally, a commercial property on Main Street, Athleague, Co. Roscommon, is being sold via RE/MAX Team Earley for €200,000.

The property’s listing on property.ie states, “Property Description

“RE/MAX Team Earley present to the market a property with huge potential on a prime site in Athleague Village.

“The property itself is located on the Main Street of Athleague Town on the Galway route N63. Amenities in the town include schools, various shops, pubs, cafes, restaurants, public bus stops and sporting facilities. The River Suck is a short distance away. Located 10 minutes from Roscommon Town and 20 minutes from Athlone, the property is within easy access to ample amenities these areas have to offer.

“There is huge potential for this property as it comes with over 2,769 sq.ft of space internally and sits on Approx. 0.694 Acres.

“Accommodation

“Room 1 – 3.31m x 3.87m
“Room 2 – 3.99 x 1.99m
“Entrance Hall – 1.24m x 6.53m
“Room 3 – 3.96m x 6.10m
“Room 4 – 3.34m x 6.20m
“Room 5 – 5.82m x 6.17m
“1st Floor – 18.35m x 6.30m

“BER Details

“Energy Performance Indicator: 0.00 kWh/m2/yr.”

 

 

Original article by Dave Simpson on hospitalityireland.com

Krispy Kreme Launches Search For Dublin’s Biggest Fan

Krispy Kreme has launched a search for Dublin’s biggest fan.

Details

Krispy Kreme stated, “Are you a doughnut lover and Krispy Kreme obsessed? Well then you are in for a treat as Krispy Kreme are on the hunt for Dublin’s biggest fan to get involved with opening their newest store in Swords next month.

“To celebrate the store opening at The Pavilions Shopping Centre on November 25th, Krispy Kreme wants you to show them just why you think you’re the OG and deserved to be crowned Dublin’s No.1 Krispy Kreme Fan.

“Taking the title of Dublin’s No.1 Krispy Kreme fan will also include prizes of a €100 Krispy Kreme gift card, exclusive Krispy Kreme merchandise, an exclusive sneak peak of the store ahead of opening and a chance to be centre stage and cut the ribbon on opening day in Swords!

“They say a picture paints a thousand words, and Krispy Kreme are asking you to do just that. Krispy Kreme Dublin’s biggest fan competition will run across @KrispyKremeIRL Facebook and Instagram. To enter just upload a photo or video tagging @KrispyKremeIRL telling us just why you are Dublin’s biggest Krispy Kreme Fan.

“Speaking about the search for Dublin’s biggest Krispy Kreme fan, Dublin Country Manager Declan Foley said, ‘Our Irish fans have shown great loyalty since we opened our first store in Blanchardstown in 2018. As a thank you for this loyalty, we are delighted to be able to offer a unique superfan experience to one lucky customer as we continue to create acts of joy in the lead up to the opening.'”

Additional Information

Krispy Kreme added, “The closing date for entries is 7th November 2021. For more information, or to enter, check out Krispy Kreme on Facebook and Instagram.”

 

 

Original article by Dave Simpson on hospitalityireland.com

Dublin’s Sole And Fire Restaurants Win Accolades At World Luxury Restaurant Awards 2021

Dublin’s Sole And Fire restaurants have won accolades at the World Luxury Restaurant Awards 2021.

Details

A statement announcing the news said, “Top Dublin restaurants, FIRE Steakhouse & Bar and SOLE Seafood & Grill were recognised as best in their category at this year’s prestigious World Luxury Restaurant Awards.

“The World Luxury Restaurant Awards is one of the most competitive and coveted award ceremonies in the food industry, with top culinary establishments competing from across the globe. The annual awards, which took place this month in Mauritius, saw almost 1,000 of the World’s best luxury restaurants battle it out for the coveted recognition of service and skill.

“The World Luxury Awards recognise establishments for world-class service excellence and awards are presented on a country, regional, continent, and global basis. Winners are selected via online public vote, providing true recognition that reflects the hard work and dedication exhibited by staff.

“Ocean Restaurant located in Porches, Portugal was awarded Global Restaurant of the Year 2021.

“Dublin’s FIRE Steakhouse & Bar took home the award for ‘Best Luxury Steakhouse Globally’ for the second year in a row. The multi-award winning restaurant was recently refurbished and offers the ultimate casual dining experience in the most unique and spacious setting.  Dry aging of Irish Hereford Prime Beef takes place on site and FIRE cuts include a 16oz T-bone steak (€59.50) and ‘World Steak Gold Medal’ winning rib-eye (€49.50). Classic FIRE steak cuts are available daily including their prime centre cut 8oz Sirloin Steak (€29.50) which is also available on their Early Bird menu.

“Sister restaurant, SOLE Seafood Grill & Restaurant, was awarded the much coveted ‘Best Luxury Seafood Restaurant Award’ in the European category for the third year running. SOLE, which is currently the No.1 Dublin restaurant recommendation on TripAdvisor, has an unparalleled seafood offering and provides diners with an inspiring menu, carefully crafted by Culinary Director, Richie Wilson, in a chic city centre location. Showstopping dishes include their signature Sole Meunière filleted at the table for you (€47.50) and their Captains Tower which includes a selection of the best seafood from Irish shores including Howth Smoked Irish organic salmon, rock oysters, Dublin bay prawns, Grilled Irish lobster, Irish brown crab toes and steamed West Cork mussels. (€115 per tower as an appetiser for 4 or as an entrée for 2)

“Speaking about the Awards, FIRE and SOLE’s culinary director, Richie Wilson, said, ‘This has been the toughest year we, and our industry as a whole has ever had. The pandemic has no doubt affected us all but, it has brought out something special too. Our teams returned with renewed excitement, hunger to get back to their creative best.

“‘With so much more now needed from our teams to ensure our guests feel safe and comfortable it is simply amazing to receive such a high honour directly from our customers. It’s an enormous pat on the back which I can truthfully say after this year, is massively appreciated. We are once again reminded of how amazing FIRE & SOLE teams are. The fact that we have now received these awards 2 and 3 years running shows just how consistent, even throughout all of the changes, our teams are. It is my distinct honour and privilege to work with each and every one of them. We cannot thank our guests enough for affording us these honours once again.’

“Speaking about the awards, World Luxury Awards marketing director Michael Hunter-Smith said, ‘We congratulate this year’s winners. True luxury is not easily attained. It takes highly efficient and dedicated staff who are willing to go the extra mile and stop at nothing to ensure that every guest feels cared for and that no challenge goes unresolved. This is the definition of luxury. It is what makes the winners shine.'”

Additional Information

The statement announcing the news added, “This week, FIRE will also host the annual World Steak Challenge 2021 which puts the planet’s finest cuts to the test and gives global steak producers the opportunity to showcase product quality, breed credentials, processing standards and flavour on a global stage.

“Beef and steak producers, wholesalers and retailers are challenged across categories which include; World’s Best Sirloin, World’s Best Rib-Eye, World’s Best Fillet, Best Grain-fed, and Best Grass-fed, alongside the overall World’s Best Steak title. All entries are assessed by a panel of over 50 independent judges, with the best entries awarded on a gold, silver or bronze medal basis.

“For more information or to make a booking at FIRE Steakhouse & Bar or SOLE Seafood & Grill, visit www.FIREsteakhouse.ie or www.SOLE.ie.”

 

 

Original article by Dave Simpson on hospitalityireland.com

Staff At Irish Hotels In Premier Inn Group In Line For Bonuses

Staff at Irish hotels in the Premier Inn group are in line for bonuses as the UK-based owner of the budget hotel chain, Whitbread, seeks to retain employees amid “chronic” labour shortages and increasing cost pressures.

Details

As reported by The Irish Times, Whitbread is spending £23 million (€27.3 million) to retain employees at its Premier Inn hotels.

Whitbread chief executive Alison Brittain reportedly said that the surge in domestic holiday bookings has contributed to “a challenging operating environment” and that the industry is facing “a quite chronic shortage of people”.

Whitbread reportedly said that it is reportedly paying a £10 million bonus to employees who worked through the summer and stayed until the October half-term holiday this week, and that it has also increased staff salaries at a cost of £12 million to £13 million.

Whitbread reportedly said that it is also facing increasing food, drink and energy costs.

A Whitbread spokesperson reportedly confirmed that the bonuses will apply to “Irish colleagues” but reportedly could not confirm whether they are also in line for pay rises.

Whitbread is reportedly currently looking to hire approximately 2,000 additional staff to reach a total headcount of between 33,000 and 34,000.

Whitbread reportedly said that increases to salaries and the once-off staff bonus will not prevent it returning to pre-COVID-19 pandemic revenues in 2022, which is reportedly a year earlier than it had previously forecast, thanks to the staycation boom.

Trading Figures

Whitbread reportedly reported that trading in August was 10.5% higher than during the same period in 2019 and was “ahead of expectations”, even though bookings had slowed in September.

Whitbread reportedly said that revenue per available room (RevPAR) in its British hotels “has the potential to return” to a pre-COVID-19 pandemic run rate in 2022.

Overall revenues during the six month period that ended on August 31 were reportedly £662 million, which was reportedly 39% below the same period in 2019. It reportedly recorded a £19 million pre-tax loss, which was reportedly down from a £220 million profit in the equivalent period two years ago.

Expansion Plans

Brittain reportedly said that the struggle to recruit staff is not holding up Whitbread’s expansion plans.

Whitbread is reportedly aiming to open 3,000 rooms each year in Britain, reaching 110,000 rooms overall across bigger, more efficient hotels, and Whitbread reportedly said that in Germany it has deals signed for over 8,000 rooms and sees potential to reach 60,000 rooms in total as it takes advantage of the fragmented German hotel market.

Analysts Warning

Whitbread has reportedly consistently outperformed the budget hotel sector but analysts reportedly warned that its market share gains came at a cost.

Bernstein analyst Richard Clarke reportedly pointed out that the company has spent £20 million on increased marketing and that a full recovery of its margin will rely on “rare pricing power” given the inflationary cost pressures.

 

 

Original article by Dave Simpson on hospitalityireland.com

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