Luxury Hotel & Development

Nr. Dublin, Ireland

Approx. Conversion

Luxury Hotel & Development
Nr. Dublin, Ireland

€5,000,000 (Offers Over. Excluding Antique Furnishings)

  • Property Type - Luxury Hotel
  • 37 Bedrooms
  • 37+ Bathrooms
  • Land Size - 61.4 Acres
  • Floor Size - 28,000 sq ft excluding out buildings
  • The property is competitvely priced at €10,490,000. The price excludes the antique furniture, however this can be packaged into a sale should the new owner wish.

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Property Summary

Kinnitty Castle is a 37 room converted castle and now serves as a renouned luxury hotel and events destination. With planning permission in place for a further 25 rooms this is an ideal purchase for investors into hotels and leisure attractions or hotel/leisure groups looking to expand their operations.

Property Details

With 27 existing rooms and extensive planning permission for an additional 25 developers will have on their hands a world-class destination where guests can enjoy hunting, falconary, fishing, shooting and walking as well as the close proximity to 7 world class golf courses.

An Investment Memorandum has been delivered to provide an overview of the potential for Kinnitty Castle (Investors) and to set out business strategies for the hotel which may improve its future cash flows and overall performance. This is available upon request.

History


Kinnitty Castle dates back to 1209; however the area has been the seat of the O’ Carroll Clan dating back to the Celtic Christian period, 5th/9th Century. Indeed a Celtic cross from this period stands on the grounds. The Normans overthrew the O’Carroll’s in the early 12th Century; however the Celtic Irish retrieved the Castle in the 14th Century and lost it again in 1640 to Oliver Cromwell and his forces. During the Norman occupation, they build a monestry for the Augustan order, part of the monestry built in 1209 is now incorporated in the existing castle of today.

The ousting of the O ‘Carroll’s was bloodless, as they were vastly out numbered by Cromwell and his forces ,they opted for the practice of surrender and grant. Under this system, if the Celtic clan surrendered their lands to Cromwell, the would receive less fertile land elsewhere in Ireland or take up residence the New World. The O’ Carroll’s opted for the latter and after a period in London set sail for America.

In America they were granted a vast estate in Maryland, where they became rich due to their expertise as cattle farmers. The grandson of the ousted chieftan, Charles Og O’Carroll went on to become one of the signatories of the American Declaration of Independence and later donated the land the Capitol Hill is built on. They also became founding members of the Democratic Party.

More Information


More images and details can be provided upon request and any prospective buyers are welcome to visit and stay at the property through prior arrangement with Think Property World.

Property Features

 

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Disclaimer

The Company offers the details of this property in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the property. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This property is offered subject to prior sale, price change, or withdrawal without notice.

More Information

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