Quinn Group puts three pubs up for sale

The Quinn Group is planning to capitalise on high pub prices in Dublin by selling three of its 11 city bars

The Quinn Group is planning to capitalise on high pub prices in Dublin by selling three of its 11 city bars. The sale forms part of a review of the company's investment strategy, given its medium-term plan to seek a public flotation. John Ryan of Gunne Commercial is to auction the three Dublin bars on August 3rd. The Coal Porter, in Rathmines, is expected to make around £3.5 million; The Station, on Rathmines Road has a guide price of £2.5 million while The Birds Nest in Glasnevin is likely to make in excess of £2.5 million.