Starbucks has purchased the hexagon-shaped kiosk at the centre of Ballsbridge, which was originally used as a store by Pembroke Fire Brigade in the 1920s and has traded at the junction of Lansdowne, Pembroke and Northumberland roads for decades.
According to The Irish Times, brothers Colum and Ciarán Butler, who run the Starbucks operation in Ireland, outbid several other interested parties, paying €330,000 for the 37 square foot premises.
The sale was handled by Declan Bagnall of agents Bagnall Doyle MacMahon for a private investor, who bought the kiosk for €235,000 in 2015 and let it on a short-term basis at an annual rent of €15,000.
The Starbucks operation in Ireland has expanded quickly under the control of the Butler brothers, with the brand now operating more than 60 outlets in the greater Dublin area alone.
