Saturday 18 August 2018

Renowned Raheen House Hotel is guiding at €1.8m

Raheen House, with its luxurious suites, is a favourite wedding destination
Raheen House, with its luxurious suites, is a favourite wedding destination
One of the luxurious suites at Raheen House
Ronald Quinlan

Ronald Quinlan

Agents CBRE are guiding a price in excess of €1.8m for Raheen House Hotel in Clonmel, Co Tipperary.

Located in a superb trading location and within a short walk of Clonmel town centre, the hotel is being offered for sale as a going concern.

Raheen House Hotel is widely acknowledged within the tourism industry as one of Ireland's leading manor hotels and is renowned as a popular wedding venue. The hotel's offering and reputation for service have earned it an 'exceptional' rating on and seen it listed amongst the greatest small hotels in the world.

In terms of accommodation, the property comprises 15 bedrooms offering a variety of room types, with the ground-floor courtyard rooms opening out onto a private terrace.

Each room has been sensitively refurbished and is superbly presented, with its own style.

The hotel is also home to Darcy's Restaurant, which is suitable for 40 people, and the Buffalo Bar, which offers casual dining.

Raheen House can cater for weddings of up to 140 guests in its function room, Cobden's. The function room has its own bar and opens out onto a garden, which is a mix of lawn and patio. This outdoor area of Cobden's was constructed to allow for a marquee which can increase the room's capacity to over 200 guests. The hotel is set to host more than 50 wedding receptions this year. Raheen House is also licensed for civil-marriage ceremonies.

It is set within 3.5 acres (1.4 hectares) of gardens. They were designed by award-winning garden designer, Alan Rudden who is the recipient of four gold medals at Bloom, as well as awards for 'Best in Show' and 'Best Planting'.

The gardens are a fusion of mature traditional plants and young contemporary plants to create a garden of seamless elegance. The grounds also feature a walled garden, which is popular for wedding ceremonies.

Raheen House itself is steeped in history and parts of the property date back to the middle of the 17th century.

The main house was constructed in the early 1840s and was sold in 1878 by the Greer Family for the then princely sum of £55. The house was acquired by Col E. George Colden who was one of the ruling class in post-famine Clonmel. He was an ex-officer guardian on the Board of Guardians for the union, as well as a magistrate.

In more recent times, the house was home to Senator Denis E Burke. The park opposite Raheen House is named in his honour. The current owners, Elizabeth and John Day, bought the family home in 1988 and in 1996 developed Raheen House Hotel.

The hotel underwent significant and sympathetic refurbishment in 2014.

The hotel is being sold on behalf of Elizabeth Day after 20 years, in which she worked on building up a superb hotel business. Elizabeth is now ready to retire, John Hughes, a director at CBRE's hotel division, confirmed.

Commenting on the opportunity the Raheen House Hotel presents, Mr Hughes said: "This is a magnificent and historic property which offers the opportunity to continue and expand a luxurious boutique hotel business.

"Raheen House Hotel is expected to generate significant interest from both Irish and overseas buyers."

Clonmel is a vibrant commercial centre on the banks of the River Suir and strategically-located on the Limerick to Waterford (N24) traffic corridor.

The town has a population of 17,146, according to the 2016 census, and is an established base for well-known industries including MSD, Boston Scientific, Abbott and Bulmers.

The town and surrounding rich farming hinterland also offers a range of visitor attractions including Clonmel Golf Club, Mitchelstown Caves, the Comeragh Mountains, as well as a number of historic sites.

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