Friday 15 December 2017

Twelfth Lock Hotel in west Dublin with a €1.8m guide

CBRE is seeking €1.8m for the Twelfth Lock Hotel in Dublin.

The hotel in Castleknock, Dublin 15 is sale by private treaty.

The Twelfth Lock Hotel overlooks the Royal Canal at Castleknock Marina. The property is located on the Old Navan Road just off the N3 Road and close to its intersection with the M50.

The Twelfth Lock Hotel is a modern, purpose built 10 bedroom boutique hotel which occupies a site of 0.188 ha (0.46 acres). The site is bordered by the Royal Canal on one side and the main railway line on the southern boundary.

The property extends to c. 649 sq m and the accommodation comprises ground floor reception, lounge bar, restaurant and catering kitchen together with an extensive patio and beer garden overlooking the canal. At lower ground floor level there are 10 ensuite guest bedrooms together with ample storage facilities while at mezzanine level there is an office and additional storage facilities. Outside there is a large car park with parking for 44 cars.

According to John Ryan of CBRE the sale of the Twelfth Lock Hotel offers "an excellent opportunity to acquire a boutique hotel with extensive bar and catering facilities".

"At present, the hotel enjoys a satisfactory level of food and drink turnover utilising its extensive indoor and outdoor facilities.

"The sale offers a superb opportunity for a new owner or management team to take the business to the next level and exploit its unique setting," he said.

Sunday Independent

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