Two of Ireland’s most luxurious castle hotels have been brought to the market as a going concern by Savills, on behalf of the Hanly Group.
Kilronan Castle, Co. Roscommon is on the market with a guide price of €4.5m and the nearby Lough Rynn Castle, Co. Leitrim is guiding €3.5m.
According to Savills, the sales represent a rare opportunity to acquire two profitable hotels stepped in history. Located within 40km of each other, both properties have been comprehensively restored by the Hanly group.
Kilronan Castle: Located on the edge of the scenic Lough Meelagh a short drive from Sligo, Kilronan Castle is a full service four star hotel with 84 impressive bedrooms, set upon a 40 acre estate. The Douglas Hyde Restaurant provides a memorable dining experience with both the Dungeon Bar and Drawing Room Bar providing impressive views of the neighbouring Lough Meelagh.
Other amenities include a fully equipped gym, swimming pool and spa. Kilronan has established itself as a highly popular wedding venue and the contemporary conference & banqueting facilities are capable of accommodating up to 400 guests. 48 holiday homes on the hotel grounds are included in the sale.
Tom Barrett, Head of Hotels & Leisure at Savills says, “We anticipate very strong interest for both Kilronan and Lough Rynn Castles. Viewing is highly recommended, it is the only way to really appreciate these unique, profitable hotels”.
Lough Rynn Castle: Nestled between Lough Rynn and Lough Errew, is a 44 bedroom, four star hotel situated 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. The Sandstone restaurant and cocktail bar allow guests to enjoy the lavish surroundings and views of the wonderfully manicured gardens.
Lough Rynn Castle also benefits from modern conference and banqueting facilities with the grand ballroom offering floor to ceiling height windows overlooking magnificent ancient forests. A highly regarded wedding venue, it has hosted numerous illustrious occasions.
There are a number of original outbuildings which offer a purchaser options to increase room stock or further expand the overall offering (subject to planning). Sixteen holiday homes are also included as is 200 acres, once earmarked for golf course use, which wrap the fringes of Lake Errow.
Kilronan and Lough Rynn hotels are offered for sale separately or together in one lot and trade is not affected. Both properties are trading very successfully and offer a fantastic opportunity for a new owner to build on the already excellent reputation.