Dublin’s The Dawson Lodge delivered to market at €17m

UK: Real estate advisor CBRE is overseeing the sale of The Dawson Lodge in Dublin, which is being provided on the market from €17.5 million by non-public treaty.

The Dawson Lodge has 36 bedrooms that are presently closed, offering the potential for refurbishment. Topic to planning permission, room depend may very well be elevated to 44 or 62. 

Meals and beverage amenities, totalling round 972 sq. metres, are situated on the bottom ground inside two retailers. The Dawson beforehand housed the La Stampa high quality eating restaurant and Sam’s bar. 

CBRE has highlighted the funding potential to reposition the four-star property as an higher upscale and luxurious resort.

Alexandra Sheeran, affiliate director for CBRE Eire, stated: “The sale of The Dawson Lodge provides each Irish and worldwide traders an unique and high-profile property on one in all Dublin’s trendiest and most vibrant streets. The asset is unbranded, offering operational flexibility for events. There may be additionally scope to nearly double the prevailing room depend, topic to securing planning permission.”

The resort is situated within the centre of Dublin’s foremost enterprise, purchasing, and vacationer areas corresponding to Grafton Road, Trinity School, and the Guinness Storehouse. Main convention and occasion venues together with the Conference Centre Dublin (CCD), the three Enviornment, the Bord Gais Vitality Theatre and extra, are additionally shut by.