Dublin’s Dawson Hotel on the market for €17.5m

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

36-bedroom boutique hotel was home prior to its closure to famed La Stampa restaurant and Sam’s Bar via IrishTimesBiz

The Dawson Hotel occupies a prime position directly opposite the Mansion House in Dublin city centre. Photograph: Wojtek BartkowskiHaving abandoned a plan last year to pursue the development of a new hotel in partnership with the Royal Irish Automobile Club , Irish property investment group Tetrarch Capital has instructed agent CBRE to find a buyer for the Dawson Hotel. The property at 35/36 Dawson Street, Dublin 2, is being offered to the market at a guide price of €17.5 million.

Located directly across from the Mansion House on what is widely regarded as one of Dublin city centre’s foremost streets, the subject property briefly comprises 36 bedrooms along with extensive food and beverage outlets at ground-floor level. Prior to its closure, the Dawson Hotel had been home to the famed La Stampa restaurant and Sam’s late-night bar.

Alexandra Sheeran, who is handling the sale on behalf of CBRE, says: “The sale of the Dawson Hotel offers an exclusive and high-profile property on one of Dublin’s trendiest and most vibrant streets. The asset is unbranded, providing operational flexibility for parties. There is also scope to almost double the existing room count, subject to securing planning permission.”

While the Dawson Hotel offers potential by itself for expansion and for the delivery of a high-end boutique offering in an area of proven demand, prior to the Covid-19 pandemic, it had been poised for a major redevelopment along with the neighbouring premises of RIAC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines