€3.3m for Foley’s bar

Foley's licensed premises at the corner of Merrion Row and Merrion Street, Dublin 2, has been sold by receiver David O'Connor of BDO for €3.3 million – one of the highest prices for a city bar in four years.

O'Connor was appointed in October, 2012, and removed in March, 2013, when Foley challenged it in the High Court. An examinership later failed and O'Connor was reappointed in July,2013. He ran the bar since then and finally sold the business to Ciaran Marron and Shaun McEnaney of the Fiddler's Elbow bar in Carrickmacross, Co Monaghan.