Lisney brings the Schoolhouse to market
The four-star Schoolhouse Hotel on Northumberland Road in Dublin 4 is for sale. Lisney holds the instruction on behalf of hotelier Terry Sweeney, who has operated the business since it opened in 1998. The guide price sits in excess of €12 million. Trade coverage of the instruction dates to 21 October 2026.
Lisney's listing prints the figure as offers in excess of €12,000,000. The sale follows almost three decades under Sweeney's management, and his tenure covers every year the hotel has traded.
What the guide price covers
The property extends to approximately 1,439 square metres on a 0.69-acre site. The building sits at Mount Street Bridge and overlooks the Grand Canal. Thirty-one guestrooms sit inside the building, and the grounds hold mature landscaped gardens, extensive outdoor dining areas and approximately 24 parking spaces.
On the €12 million figure, the guide price works out at about €387,000 per bedroom. It works out at roughly €8,339 per square metre of building area, or about €775 per square foot. Per acre of the 0.69-acre site, the figure is about €17.4 million. Inside the building, 1,439 square metres across 31 rooms gives about 46 square metres of gross building area per key. Those four figures are derived from the guide price and the published floor area.
St Stephen's Parochial School, built 1859
Deane and Woodward designed the building in 1859 for St Stephen's Parochial School. It ran as a school for approximately a century before conversion to a hotel in 1997, and the hotel opened the following year. The building carries associations with the Battle of Mount Street Bridge during the Easter Rising of 1916 and is referenced in Joyce's Ulysses.
The original schoolhouse now holds reception, the lounge bar and the function areas. Exposed red-brick walls, large arched windows, timber features and generous ceiling heights run through those rooms.
A refit across 2020 and 2021
A comprehensive refurbishment ran across 2020 and 2021. The work covered guestrooms, bathrooms, public areas, the bar and the restaurant. Four stars, 31 rooms and that refit set the condition a buyer inherits.
The location and the food and beverage trade
The hotel sits between Ballsbridge, Grand Canal Dock and the city centre. It draws corporate and leisure business from nearby multinational offices, government departments, embassies and venues including the Aviva Stadium and the RDS. The restaurant, gastrobar and garden terraces bring local diners in alongside hotel guests, which is the part of the operation that arrives with the building.
The two figures a buyer starts with
At about €387,000 a key for a 31-room four-star with a refurbishment four years old, the arithmetic sets the opening bid and not the answer. The guide price is the vendor's, and no published figure states the trading performance behind it.