Funding drought hits sale of pubs

Pub owners in Dublin are far from happy that sale prices achieved for licensed premises in the past decade are now on the wane, writes Business Correspondent Samantha McCaughren.

9th August, 2008

Pub owners in Dublin are far from happy that sale prices achieved for licensed premises in the past decade are now on the wane, writes Business Correspondent Samantha McCaughren.

The pub sector has been under pressure for the past few years, with the smoking ban, a clampdown on drink driving and changing socialising patterns all impacting on Irish bars.

As a result, the price of pubs has slipped, with those in the property market believing...

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