Tuesday 16 January 2018

Receiver puts popular hotel and leisure club on market for €2.5m

Donal Buckley

One of Ireland's best known conference venues, the West County Hotel in Ennis, Co Clare, has been brought to the market by receiver Declan McDonald of PricewaterhouseCoopers.

Formerly the flagship hotel within the Lynch group of hotels, its asking price is €2.5m-€3m.

It sits on a high-profile six- acre site on the southern approach road to Ennis town centre and its accommodation includes: 152 en-suite bedrooms; eight separate and interconnecting conference/ banqueting suites that can cater for up to 1,650 delegates; a modern leisure centre with a 20-metre heated indoor pool, jacuzzi, steam room and sauna.

The leisure club includes a gym with more than 1,000 local members.

Other facilities on offer within the hotel include the Kiddies Klown Klub, a playroom, beauty salon and an airline crew lounge with its own private kitchen.

The Boru's Portherhouse bar and lounge has a capacity for around 500 people, and the hotel also has two restaurants. The site can accommodate 450 parking spaces.

Its arrival on the market follows the recent sale of the Clare Inn, which was also part of the Lynch group of hotels that went into receivership in January of last year. The owners of the five-star Dromoland Castle hotel are believed to have paid €1.8m for the 188-bedroom, three- star Clare Inn which is located a few miles south of Ennis.

Following his appointment, Mr McDonald contracted the Great National Hotel Group to manage the West County.

Originally built in 1968, Dermot Curtin of CBRE says, "After many extensions and with additional facilities added throughout the intervening 44 years, the West County is now one of the biggest conference, event and function hotels in the West of Ireland and has a reputation as one of the busiest hotel operations in the country."

Located on the Clare Road, it's just a two-minute drive from the M18 Motorway, which runs from Limerick to Galway.

This freehold and fully-licensed hotel property is only 20km from Shannon International Airport and the Shannon Free Zone, the manufacturing and logistics centre for the Shannon Region.

BRAY BAR SOLD

Meanwhile, in Bray, Co Wicklow, a local businessman has bought The Ardmore Bar on Main Street.

Estate agents declined to disclose the price, but it is believed to be close to the guide price of €500,000.

The new owner is expected to re-open the bar next month. A two-story premises, its accommodation extends to 235sqm.

Located in the heart of the town's commercial and residential areas, adjacent premises include Bray Civic Centre with offices for the HSE, Bray Town Council and The Mermaid Theatre.

The premises occupy a prominent trading location in the centre of Bray, close to the landmark Town Hall and adjacent to the Bank of Ireland.

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