Cahernane House Hotel in Kerry for €3m
CBRE and local agent Tom Spillane & Co are seeking more than €3m for the Cahernane House Hotel in Kerry.
The hotel on Muckross Road near Killarney is said to be an "exceptionally well located hotel in a stunning picturesque setting only 2 km from Killarney town centre".
"With a tree lined avenue entrance the hotel is situated on its own private grounds which extend to 2.65 ha (6.5 acres) and overlooks Killarney National Park and lakes. The hotel is on the popular Muckross Road and walking distance from the town," CBRE said.
The four star hotel is described as providing guests with "the best of old world character and modern hotel luxury in a scenic setting".
The hotel includes 38 bedrooms located in the original house and a more recent addition linked with glazed double height conservatory.
Adjacent to the hotel is a two storey stone façade former Managers House which would suit conversion to self catering use subject to planning
The hotel is being sold on behalf of the Browne Family.
John Hughes of CBRE, on behalf of the selling agents confirmed: "the sale offers an exceptional opportunity to acquire a magnificent and historic property with the ability to further develop a luxurious boutique hotel business. Cahernane House Hotel is expected to generate significant interest from Irish and international buyers".
The property has an interesting history to say the least.
Formerly the residence of the Herbert Family the Earls of Pembroke, Cahernane House Hotel dates back to the 17th Century. Two Brothers, members of the Pembroke family, whose ancestors had fought on the York side during the War of the Roses, came to Killarney in 1656. One Brother was given the Muckross Estate and the other the Currens and Cahernane. The Herbert family maintained these Estates for five generations. By 1872 the rent roll was declining as a result of pressure by the Land League under the presidency of Charles Stewart Parnell. Henry Herbert like most other Irish landlords was determined to maintain appearances and to do so kept carriages, horses, boats, boatmen, gardeners, gamekeepers and a great many servants. In 1877 he replaced the old family mansion one of the few remaining Queen - Anne buildings in Ireland and in its place he built Cahernane House Hotel.
CBRE describe Killarney as "Ireland's premier tourist town and a popular destination for national and overseas visitors attracted to the region for its natural beauty and vibrant town centre".
"The town is also only 20km from Kerry Airport with direct flights to Dublin, London, and Frankfurt
The Ring of Kerry is synonymous with the region and attracts huge numbers of visitors annually to the area to experience the coastal, mountain and lake scenery of the famed Iveragh and Dingle Peninsula's. Killarney is strategically positioned as a base to explore these unique attractions including the increasingly popular Wild Atlantic Way experience".