€145,000 for your own 30-bed hotel
To be sold at auction in dublin
Published 23/04/2013 | 05:40
FANCY OWNING your own hotel, complete with bar, function rooms and basement gym?
Now's your chance; a former hotel and apartment complex in Sligo is for sale.
The Riverside Suites Hotel, at Millbrook, will go under the hammer at the next Allsop auction in Dublin's Shelbourne Hotel on May 15th.
It's being sold on the instructions of a receiver with a reserve price of €145,000.
That's less than €5,000 per bedroom.
The three-floor property includes 30 one-bedroom units, ground floor bar, reception area, two function rooms, retail unit and basement gym.
It comes withy a liquor licence valid to September 2013.
Its total area is 3,594 square metres (38,685 sq ft).