Hotel investment opportunity currently trading as a high quality and full service 4-star hotel. Ideally located in the rapidly growing Dublin hotel market, the property is conveniently situated near Dublin City’s M1 and M50 motorways, just minutes from Dublin City Centre and Dublin Airport. Opened in 2006, the hotel has 179 generously sized guestrooms, Bar & Grill, popular meeting spaces, extensive secure car parking and full air-conditioning throughout. Offered for sale with the benefit of long leasehold title (original 475-year lease at a nominal rent), the property boasts an established trading history and improving NOI, all located in a highly sought after urban market. Operated with the benefit of a management agreement with Hilton (due to expire in 2025), with the hotel capitalising on the very strong passenger traffic at Dublin Airport, in addition to city centre demand. A profitable and well managed trading business, with exciting scope for further performance growth and benefiting from the addition of 13 brand new keys.
Additional Information
Sales process
Offered for sale with the benefit of long leasehold title (original 475-year lease at a nominal rent).
Amenities
Bar, ballroom (250-person capacity), underground car parking
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