Barrett of Savills has been appointed to sell the Blarney Golf Resort in Blarney, Co Cork on behalf of the Receiver Billy O’Riordan of Pricewaterhouse Coopers. The 61 bedroom 4 Star hotel is located a short distance from the popular tourist town of Blarney and in close proximity to Cork City. It is situated on approx. 68 hectares (168 acres).
The hotel, which opened in phases from December 2005 to July 2006, comprises of 61 bedrooms, a bar, restaurant, and conference and banqueting facilities. The main function room can cater for up to 200 people. It has a fully-equipped leisure centre which features a 20 metre pool, kiddies pool, sauna, steam room, Jacuzzi and gym, which is popular in the local area and currently has approximately 700 members. The recent addition of a children’s play area has further enhanced its popularity.
The championship 6,712 yard, par 71 Golf Course was designed by renowned golfer John Daly and is presented in fantastic condition. The John Daly Suite in the clubhouse offers views over the golf course and tranquil rural setting making it an ideal wedding venue for up to 250 people.
The golf club currently has approx. 350 members and is a valuable attraction for hotel guests. The stand-alone two story club house enjoys first class facilities with fantastic men’s and women’s locker rooms complete with saunas.
The hotel sector in Ireland as a whole enjoyed much improved trading conditions last year largely driven by an increase in visitor numbers and a resurgent Irish brand. Trending.ie reported average RevPAR growth for Cork up 10% to €69 in 2013. Cork remains one of the most popular destinations both nationally and internationally due to the increased number of events held in the city and long standing attractions of the region such as Blarney Castle.
Blarney is located in the southwest region of Ireland which received 1.8m visitors in 2012, the second highest number outside of Dublin.
According to Tom Barrett of Savills; “Blarney Golf Resort presents a significant opportunity to acquire a trading hotel with huge growth potential. The quantum and quality of the property relative to the guide price creates an interesting proposition. This is an excellent opportunity for both owner operators and investors.”
Savills are offering this freehold property for sale by private treaty with a guide price of €2,500,000.
