The Wool Shed is located within the Parnell Centre
A sports-oriented licensed premises with three separate bars in Dublin city centre is being offered for sale with a guide price of €2.5m. The Wool Shed in the Parnell Centre, Parnell Street, Dublin 1 is a substantial two-storey venue which can accommodate over 500 patrons. Estate agents CBRE are handling the private treaty sale on behalf of the owner, Matt Hudson.
The Wool Shed is located within the Parnell Centre with extensive frontage to Parnell Street next to Cineworld cinema complex.
With a total floor area of 8,500 sqft, one of its bars is located at ground level and two are at first floor level. Their ambience is underpinned by a mix of wood and tile finishes.
It benefits from the footfall of cinemagoers, sports fans and tourists.
Located close to the junction with Capel St – with its range of restaurants, entertainment venues and hotels under development – the property is also convenient to O’Connell St and to the bustling retail streets in and around Henry Street, one of the city’s prime shopping areas.
The Wool Shed is easily accessed from the rest of the city centre and the surrounding vicinity boasts a wide range of bars, restaurants and hotels along with residential and commercial premises.
There is excellent public transport serving the area, including the red line Luas with a stop at Jervis St and the green line Luas at Dominick St. The Dart at Connolly Station and several bus routes along Parnell St are all within walking distance of The Wool Shed.
There are also several tourist destinations within close distance, making Parnell Street an extremely busy thoroughfare for locals and tourists alike.
Dublin’s largest attractions such as the GPO, Croke Park, Temple Bar, the Guinness Storehouse, the Jameson Distillery, the Phoenix Park, and Trinity College are all within 3km of the property.
Importantly, the property is close to the Technological University Dublin campus on Bolton Street which is part of the wider TUD network.
Susan Joyce, director at CBRE, comments: “The sale of The Wool Shed offers the discerning purchaser a unique opportunity to acquire a superbly appointed and highly successful sports bar business with the added benefit of further turnover growth in line with the continuing development of the area.”
