Bewley’s Cafe on Grafton Street may get a cut in its €1.5 million rent.
The High Court has already determined the rent charged by Johnny Ronan-controlled company Ickandel, who's loans have been transferred to Nama, should come down to current market rates.
The tenants of the Bewley’s premises signed a 35 year contract in 1987 and they currently pay an annual rate of €1.5 million per year, which was doubled at its last rent review in 2007.
They will find out on Tuesday if they’re due a court-mandated rent reduction.
