Activity within the Dublin licensed property market witnessed an unexpected resurgence in both activity levels and capital value growth in 2024, after a subdued level of activity during 2023.
A total of 15 Dublin licensed premises have changed hands so far this year with a capital value of €53.3 million, equating to an average price of €3.6 million. There are a further eight pubs at the sale-agreed/sold-awaiting-closing stage, with a capital value of almost €29 million. By comparison, last year 20 pubs were sold, with a capital value of €42.4 million, and an average price of €2.1 million., Glasthule, Co Dublin which was sold by the Loyola Group for about €4 million.
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