Well known and much loved local pub Uncle Tom’s Cabin is set for redevelopment after it was recently bought for €3 million.

According to The Irish Times the 130 year old Dundrum landmark establishment has been bought by developer Padraic Rhatigan and financer Stewart Doyle, who are planning to redevelop it.

They purchased the pub through a company called UTC Developments, which they specifically set up for the pub’s acquisition.

The property is already zoned for residential development.

Uncle Tom’s Cabin was sold by the family of publican Tony Collins, who is retiring.

Mr Collins’ family has run a pub on the site since 1890.