On the instructions of the receiver, Declan McDonald of PwC, Savills Ireland and Morrissey’s have been appointed to offer for sale ‘The Dawson’ guiding €15 million.
The Dawson is located at 35-36 Dawson Street, Dublin 2. It comprises two interconnecting period buildings that incorporate Sams Bar, the Dawson Brasserie (formerly La Stampa), a vacant restaurant premises in the basement (formerly Faat Baat), 36 guest bedrooms and the Dawson Spa. The four storey over basement premises benefits from rear access to Anne’s Lane and the freehold interest is available with vacant possession.
Located opposite The Mansion House, The Dawson will benefit from the cross city LUAS line which will operate on Dawson St., providing exceptional transport links. Situated at the heart of Dublin’s entertainment district, this sale represents a unique opportunity to acquire an exceptional property of approx. 3,300 m2 on undoubtedly one of Dublin’s finest streets.
Tom Barrett, Head of Hotels & Leisure, Savills commented:
“The Dawson represents a rare opportunity to acquire one of Dublin’s most substantial licensed premises, with significant asset management potential. We expect strong domestic and international interest’’
Tony Morrissey commented:
‘‘Unique opportunity to acquire an unrivalled licensed premises complex incorporating also 36 Bedrooms and Spa situated at the centre of Dublin’s principle business, retailing tourism and entertainment district’’
The Dawson will be offered for sale by Public Tender with an expected deadline for bids of 17th June 2015.
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