4 days Ago
The Loyola Group is selling one of south Dublin’s best-known hostelries, The Lep Inn in Leopardstown, a popular haunt of racegoers visiting the nearby racecourse. Agent BDM Property is guiding €7.25m for its sale, which comes as Loyola pivots away from suburban Dublin and focuses its attention on the city centre and the eastern Algarve.
Headed by Stephen Cooney and brothers Brian and Eoin O’Malley, Loyola recently opened Flight Club Darts on Dawson Street in the city centre following a €7m investment. They are also investing in the expansion and refurbishment of The Landmark pub on the corner of Wexford Street and Kevin Street, having recently acquired adjoining properties. The Lep Inn in Dublin Today's News in 90 Seconds - April 29th Meanwhile, in Portugal’s Algarve, where former Leinster rugby player Eoin O’Malley heads the operation, Loyola recently added a fifth property to add to their chain of bars and restaurants.
Figo’s Bar in Vilamoura Marina is currently being refurbished. Last year Loyola sold The Greedy Eagle in Glasthule to Paddy Doherty of Doherty Hospitality Group for about €4m. The Lep Inn, located on Brewery Road in Stillorgan and formerly known as The Leopardstown Inn, is a two-storey premises extending to 14,250 sq ft with a feature circular glazed bar fronting Brewery Road.
Its accommodation includes a ground floor lounge bar; a glazed feature corner double-height atrium lounge bar; a public bar, customer toilets, catering kitchen and the Grape & Grain off-licence. The Lep Inn sits on 0.91 acres On the first floor there is a self-contained function room with a roof terrace and bar, customer toilets, secondary kitchen, offices for 22 people and a conference room and stores.
Its basement contains a beer cold room. Outside, there is parking for approximately 75 cars. Although located in a neighbourhood centre with shops, The Lep Inn is a freehold property which occupies a site area of 0.
91 acres which is zoned Neighbourhood Centre (NC) under the Dún Laoghaire-Rathdown Development Plan 2022-2028. Permitted uses include residential and shop local with discount food store open for consideration. There has been considerable residential and commercial development in the area over the past decade.
Nearby Sandyford Business Park, which does not have a pub, has the offices of many big employers such as Microsoft, SSE Airtricity, the Ardagh Group and the Beacon Hospital. A number of high-density residential developments have been completed in the vicinity, most notably The Grange and Beechwood Court apartments, plus Sandyford Central and Rockbrook. Loyola’s other Dublin businesses include The Old Spot and The Bath pubs, both on Bath Avenue, near the Aviva stadium in Dublin 4 as well as Base Pizza.
The group’s Algarve businesses include The Bold Octupus, The Cheeky Pup, Tony’s Pizza Restaurant, and Botanico in the Quinta do Lago area..
