Tynan's of Kilkenny sells for €503,000

Tynan's of Kilkenny sells for €503,000

It is believed that two Dublin businessmen have purchased the premises and were one of the ten bidders taking part in the online auction.

After 100 online bids, the iconic Tynan's Bridge House Bar was sold for a staggering €503,000 last week at the allsops online auction.

It is believed that two Dublin businessmen have purchased the premises and were one of the ten bidders taking part in the online auction.

The landmark pub, which has been serving drinks to Kilkenny folk and visitors for over 300 years, has been closed for six months.

The reserve for the premises was between €240,000 to €290,000 so the price secured by allsops was double what was expected.

In just over ten minutes, hectic bidding saw the price jump from €360,000 to the final figure of over half a million euros.

The 7 Day public license has expired on the premises.

Also at the online auction, .6 of an acre in Kells village, with a reserve of €5,000 went for €21,000.