A €100m redevelopment plan for the Stillorgan Leisureplex in Dublin is being delayed by a refusal of the operators to vacate the premises, it has been claimed.
Lorgan Leisure, whose directors are Ciaran and Colum Butler, has been renting the premises since 1999 and its operations include a bowling alley.
KW Investments Funds ICAV bought the premises in 2016 from the receivers for the previous owners Tenderbrook Ltd.
KW has brought Commercial Court proceedings against Lorgan over its alleged failure to vacate the premises this month so that construction works can begin. The case was admitted to the the fast track commercial list on Monday by Mr Justice David Barniville.
KW has planning permission to build 232 “build-to-rent” apartments on the 1.33 hectare site, involving the demolition of the Leisureplex.
KW had a short term letting agreement with Lorgan Leisure which paid €220,000 per annum in rent.
Jason Byers, head
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