Galway Hotel Goes On The Market For €2.5m
Ard Rí House, a 3-star hotel on the outskirts of Tuam, County Galway, has been put on the market with a guide price of €2.5m by Savills Hotel & Leisure estate agents.
The hotel, which has been described as a rare opportunity to purchase a hotel within Galway, has 51-bedrooms, conference and banqueting suites for hosting weddings and events, as well as food and beverage facilities with its Kiltevna Room Restaurant and Dick Dowling's Bar, reports the Irish Independent.
Ard Rí House is "ideally located as the perfect launch pad to explore the west of Ireland with Galway City and the 'Gateway to Connemara' only a half hour drive away, and not forgetting the close proximity to many historic sites and tourist attractions along the Wild Atlantic Way" as well as being "the perfect launch pad to explore the Aran Islands or the Cliffs of Moher".
Savills had previously estimated that only 26% of Galway hotel bedrooms had changed hands over the past few years, compared to 56% and 63% for Cork and Limerick respectively. Aaron Spring of Savills Hotels & Leisure described the 3-star hotel as having "traded strongly and it benefits from a mix of local and tourist business".