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4-star Carlow Hotel back on the market for €14m

KCLR96FM News & Sport by KCLR96FM News & Sport
08/03/2017
in KCLR News
Gardai to gather in Tullow for GRA annual conference

Mount Wolseley Hotel, Golf & spa resort

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A 4 star hotel in Carlow is back on the market.

Mount Wolselely Hotel, Spa and Golf resorts is to be offered for sale with a 14 million price tag.

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It was sold back in 2014 after it had entered examinership with debts of 60 million euro.

Owners at the time, the Morrissey family had a refinancing bid rejected and new investors took over.

Tetrarch Capital, who also own Mount Juliet in Kilkenny then bought the resort and after carrying out refurbishments turned the business around to make a profit in 2015 and 2016.

The sale includes the hotel with 143 rooms, conference and banqueting facilities, restaurants, a spa, gym and pool – also included are 16 four-bedroom lodges

CBRE who are handling the sale say its being sold in a single lot or in two lots – the hotel, spa and golf resort and the 16 lodges separately.

 

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