Slieve Russell Hotel on the market for €35m

Slieve Russell Hotel Golf and Country Club has been brought to market by CBRE, and is expected to be acquired for a price in the region of €35m (£30m). 

The Slieve Russell, which first opened in 1990, is set on 300 acres in a countryside location, strategically located equidistant from Dublin and Belfast. 

With 224 bedrooms, the hotel includes “luxurious and extensive” banqueting and leisure facilities, together with a renowned PGA Championship golf course. 

The Ciúin Spa at Slieve Russell features 13 treatment rooms and includes a 20m pool, Jacuzzi, steam room, sauna and fitness suite.

The resort also boasts an acclaimed 18-hole championship golf course, a nine-hole par-three Academy Course, a Three-Bay Floodlit Driving Range, a putting green and a practice area.

As the business thrived, there were numerous extensions over the years and it is now present in excellent condition on foot of considerable capital investment of almost €7.5m (£6.45m) since 2019. 

Paul Collins, head of CBRE Hotels Ireland, said: “The unique opportunity to acquire one of Ireland’s best known and highly profitable resort hotels rarely presents itself. The scale of ongoing investment in the hotel’s facilities and growing business will appeal to the national and international investment market.”

Exit mobile version