By 1311 the structure had been reduced to little more than two underground cellars, leaving behind no visible surface trace. It is the kind of place that appears on historical records more as an absence than a presence, a building defined less by what survives than by how thoroughly it vanished.

A guild hall, in the medieval urban context, served as the administrative and social centre for the trade guilds that organised commercial life in a city. These were powerful institutions, and a dedicated hall would have signalled Dublin's ambitions as a functioning civic centre. According to John T. Gilbert's mid-nineteenth century history of Dublin, the hall was thought to have occupied the upper end of Winetavern Street, a road that ran down toward the River Liffey and the quays, close to Christ Church Cathedral. The structure was built partly of stone, which makes its near-total demolition by 1311 all the more striking. The Calendar of Ancient Records of Dublin records that by that date only the two cellars remained, suggesting the above-ground fabric had been taken down deliberately rather than lost to gradual decay or fire. Whether the materials were salvaged for use elsewhere, as was common practice in medieval construction, the records do not say.

Winetavern Street still exists, running between Christ Church Place and the river, and the area around it has been subject to considerable archaeological investigation over the decades, particularly in connection with the nearby Wood Quay site, where extensive Viking and medieval remains were uncovered during controversial excavations in the 1970s and 1980s. The Franciscan Mapping Dublin project's 1978 map marks the guild hall's location but notes no surface evidence. Anyone walking the street today will find nothing that directly marks the spot. The interest here is really for those drawn to the texture of historical erasure, to the question of what a city chooses to keep and what it quietly dismantles, leaving only a cellar and a footnote.