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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.

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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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