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Castle hotels in Roscommon and Leitrim go on the market for €8m

Two of Ireland's castle hotels have been put up for sale as a going concern. Kilronan Castle in C...
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Newstalk

13.37 22 Oct 2015


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Castle hotels in Roscommon and...

Castle hotels in Roscommon and Leitrim go on the market for €8m

Newstalk
Newstalk

13.37 22 Oct 2015


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Two of Ireland's castle hotels have been put up for sale as a going concern.

Kilronan Castle in Co Roscommon is on the market with a guide price of €4.5m, and the nearby Lough Rynn Castle in Co Leitrim is guiding at €3.5m.

Property group Savills say the sales represent a rare opportunity to acquire two profitable hotels stepped in history.

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Located within 40km of each other, both properties have been comprehensively restored by the Hanly Group.

Set on a 40 acre estate, Kilronan Castle is located on the edge of Lough Meelagh - a short drive from Sligo - and is is a full service, four-star hotel with 84 bedrooms.

Other amenities include a fully equipped gym, swimming pool and spa.

Kilronan has established itself as a popular wedding venue and also has conference and banqueting facilities. 48 holiday homes on the hotel grounds are also included in the sale.

Lough Rynn Castle in Co Leitrim | Image: Savills

While Lough Rynn Castle is a 44 bedroom, four-star hotel on a 260 acre lakeside estate.

There are 11 bedrooms in the main house, 17 in the stable area and 16 in the adjacent eastern range.

Lough Rynn Castle also benefits from conference and banqueting facilities - with the grand ballroom offering floor to ceiling height windows overlooking forests.

Sixteen holiday homes are also included as is 200 acres, once earmarked for use as a golf course.

The two properties are offered for sale separately or together, and trade is not affected.


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