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Caulfield's Maynooth up for sale

Comments

  • #2
    Moonbeam
    Moderators, Education Moderators, Society & Culture Moderators Posts: 18,986 Mod ✭✭✭✭Moonbeam


    Dunno if it is still the case but a pub used to sell more or less pound for pound on turnover + a bit if there was substantial buildings so it might not be too far out.


  • #3
    Orion
    Closed Accounts Posts: 12,807 ✭✭✭✭Orion


    It's probably undervalued if anything. Receivers don't give a crap about value - they just want to pay the creditors that they are appointed to protect.

    When did it go from examinership into receivership?


  • #4
    L1011
    Registered Users, Registered Users 2 Posts: 71,142 ✭✭✭✭L1011


    Lack of a sitting tenant on the restaurant probably enhances its value to a buyer slightly, would allow them to use it as they see fit.


  • #5
    n97 mini
    Registered Users, Registered Users 2 Posts: 8,295 ✭✭✭n97 mini


    Orion wrote: »
    It's probably undervalued if anything. Receivers don't give a crap about value -
    You can't give away a pub these days as people can't raise finance unless privately, and very few people have that sort of money.

    It will never sell at that price, and even at half that I'd say they'd still have trouble shifting it.


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