Minister for Justice Michael McDowell is to set a price of €5,000 as a once-off payment for his proposed new continental-style cafe bar licences.
The radical reform of the drinks trade is expected to open up the bar and restaurant market to new investors with limited resources. A standard bar licence currently costs €170,000.
“By setting the price so low, it is anticipated that a diverse range of people can enter the market, such as...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team