Friday 9 December 2016

Rent to buy option at €1.25m Hazel hotel

Published 01/12/2010 | 05:00

A rent to buy option for a hotel manager wanting their own business is on offer at the famous Hazel Hotel in Monasterevin, Co Kildare. Local agent Matt Dunne says the 25-bedroom hotel is worth more than €1.25m and he will consider offers over that figure. On the other hand he is willing to consider a 12 months lease at €1,000 per week with an option to buy at the end of the lease.

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Although liquidator Anthony F Fitzpatrick closed the hotel three weeks ago, Mr Dunne says a new operator could still re-open it and cash in on the Christmas business as it has a complete inventory and is ready to go.

With a ballroom capacity for 1,000 people, it was synonymous with big band dancing for the past 25 years. Convenient to M7, it was also popular for weddings and meetings and it can cater for large and small groups and has parking for 250 cars.

Irish Independent

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