Wetherspoon to Create 300 Jobs in New Pub and Hotel Development in Dublin, Ireland city centre.
Date: April 2018
Location: Camden Street, Dublin, Ireland
Name: Keavan’s Port Hotel – opening Summer 2019, the name is based on evidence from a series of historic maps and records dating back to 1673, showing that the original name of Camden Street Upper and Lower is Keavans Port – opening May 2018.
No. of Keys: 92
Seller: a row of derelict properties. Part of the terrace was also a convent of the Little Sisters of Assumption – from 1890 until the 1940s and their former chapel will also be preserved and form part of the new pub and hotel
Buyer: Wetherspoon, owners of 1,000 odd pubs and 50 hotels in UK & Ireland.
The pub will be set over two levels and feature a courtyard beer garden, and a number of original features of the derelict buildings will be retained and restored.
This includes the circular stained glass window which was crafted by Earley & Company (church decorators, stained glass manufacturers and stone carvers), who were based at the site.
Price: £18.5m
Price per Key: £201,087
THPT Comment: Tim Martin was a disruptor in the pub business and created some really fab pubs out out of sort of buildings, so with 50 hotels (1,100 rooms) under his belt, lets see how he will fare with his continued march into the residential side of the business.
First Seen: The Independent, Ireland