For Sale: Temple Bar Inn Dublin 2
For Sale Exclusively Through JLL, Seeking Offers In Excess Of €50M
JLL offers for sale the Temple Bar Inn, a prime 101 guestroom hotel, with numerous F&B outlets, high quality retail income, in addition to full planning permission for a total of 121 additional guestrooms.
On behalf of Heights Hospitality Holdings, JLL has been appointed as exclusive selling agents for the boutique, high-quality, and rare Temple Bar Inn.
The hotel occupies a prime city centre location on Fleet Street in Temple Bar, close to Temple Bar Square, Trinity College, and all of Dublin's major tourist attractions.
The hotel is finished to a high quality and modern standard throughout. It currently extends to 101 guestrooms. The sale also includes a separate large ground floor Tesco retail unit (tenant unaffected) in addition to 7 Westmoreland Street, a high-profile building which includes the recently opened and highly popular Hellfire Restaurant.
Offered for sale the benefit of vacant possession, the property comes with full planning permission for the development of an additional 121-guestrooms. This includes a 111-guestroom extension on Fleet Street, in addition to the development of 10 feature suites, situated above 7 Westmoreland Street.
Dan O'Connor, Executive Vice President, JLL commented:
"The Temple Bar Inn is a superb lifestyle hotel offering, in the beating heart of Dublin's Temple Bar. This is a rare acquisition opportunity in one of Dublin's best hotel trading locations, and we are therefore expecting significant domestic and international buyer interest."
Isobel Horan, Senior Vice President, JLL added:
"Combining a highly profitable trading business with a prime retail unit at ground floor level and the popular Hellfire Restaurant, the Temple Bar Inn offers a flagship opportunity in central Dublin. There is also valuable planning permission in place allowing a further extension of the hotel, bringing the total potential room count to 222."
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.