As reported by The Business postLongtime Dublin bar and club operator Jay Bourke works as a consultant with the new Dunmore hotel group, which is buying venues in Dublin.
Bourke is reportedly running the Wellington pub on Baggot Street, which Dunmore reportedly acquired off-market for around € 2.3million last month, and is involved with Walters in Dún Laoghaire, which would be the group’s second bar acquisition.
Previously owned by hotel company Alan Clancy’s House, Walters has been closed for many years but is expected to reopen shortly.
Sources close to the group are said to have said Dunmore is currently considering several other ads.
Led by lawyer John Givens and backed by a small number of other anonymous investors, Dunmore is said to have secured funding from small and medium-sized lender Capitalflow.
He would have the ambition to own up to a dozen bars in the capital. He reportedly looked at Fitzgerald’s, a family-owned pub in Sandycove, south Dublin, but did not make a sale there.
Bourke, co-founder of the 1990s RíRá club, The Globe bar and Eden restaurant, would continue his involvement with Panti Bar and Penny Lane, where he and Rory ‘Panti Bliss’ O’Neill, the flirtatious and activist, are investors. .
He is said to have advised the Dunmore Group on food, drink and venue design. The Wellington, which has been a pub since 1820, has been owned and operated for over 20 years by John and Monica Gibney. Minor work would be done there by Dunmore to improve ventilation and restore existing features.
Walters, closed for nearly a decade, is said to have undergone a substantial renovation before its next reopening.
Bourke was reportedly at the center of a fury over his Berlin bar last year, after scenes of a brunch held there went viral, appearing to show violations of the COVID-19 restriction rules. .
He is said to remain disqualified as a director since a 2017 High Court ruling barring him from serving as a director for seven years, due to the liquidation of Shebeen Chic, his former pub on South Great George’s Street in Dublin . The judge said he negotiated when he was insolvent.
Several bars in the capital have reportedly changed hands in recent times, despite the potential deterrent of trade restrictions due to the pandemic.
Larry Murphy’s on Baggot Street was reportedly acquired last month in a € 1million deal by hospitality giant Press Up.
Meanwhile, the recently expanded Galway Bay brewery, which recently merged with the Brú Group, reportedly acquired the former Thomas Read’s and Oak bars on Dame Street for around 6 million euros in August. Slattery’s in Rathmines reportedly changed hands for around € 3million in the same month.