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Dalata Considering €7M Sligo Clarion Hotel

Published on Oct 28 2015 2:33 PM in Hotel tagged: Savills / Commercial Property / Co. Sligo / clarion

Dalata Considering €7M Sligo Clarion Hotel

Ireland's largest hotel group Dalata has confirmed is interest in purchasing the Clarion Hotel in Sligo, a hotel it currently manages.

The hotel was put on the market this week with a guide price of €7 million, a fraction of the cost it took to develop the former mental hospital.

The sale of the distinctive four-star hotel is being handled by Savills at the instructions of receivers Crowe Howarth. It is, according to the Irish Times, the first full-service in the west of Ireland to have come on the market since the economic crash.

Dalata chief executive, Pat McCann told the Irish Examiner: “We are certainly very interested. We’ll go through the process now, it’s a very fine property and in very good condition.” Dalata purchased the Clarion Hotel in Cork for a record €35.1 million earlier this month.  

The large building comprises 162 spacious bedrooms including 89 family suites along with a number of food and beverage offerings. It also features a health and fitness club onsite.

The hotel has become increasingly popular for weddings as two private churches are on the grounds. It has increased trading since the launch of the Wild Atlantic Way campaign.

Originally built in 1847 as St Columba’s Lunatic Asylum, it housed up to 1,100 patients until it closed in 1992 before being developed in 2005 at a cost of €45 million.

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