Wexford pub sold after a year on the market
AFTER more than a year on the market after its owners went into receivership, Wexford town centre's Chocolate Bar and Renaissance 'Nite' Club has been sold for an undisclosed sum.
However, the premises has been bought by an investor and is unlikely to open again as a licensed premises.
'We're very happy with the sale,' said Colum Murphy, the managing director of Kehoe and Associates.
'It has been bought as an investment property by a County Wexford businessman and were talking to a number of potential tenants,' said Mr Murphy, who said he was no in a position to disclose the sale price.
'It has been closed for quite a while and it will be great to see it opened up and trading again.. it's another positive sign for commercial properties in Wexford.'
In October last year, the premises was put up for sale for €525,000 on the instructions of receivers Grant Thornton. Grant Thornton is acting on behalf of Ulster Bank. The premises was owned by Bull McCabe's Ltd. which is in receivership.