Celbridge Manor Hotel of Co. Kildare is being sold via John P. Younge Commercial Property Auctioneer with a guide price of €6.5 million.
Celbridge Manor Hotel, which was previously known as Setanta House Hotel, was acquired by a consortium led by US businessman Jeff Leo in 2013, and, as reported by The Irish Times, it is understood that Leo has decided to dispose of the hotel to concentrate on his Dundrum House Hotel in Co. Tipperary and his Pillo Hotel in Co. Meath.
The Celbridge Manor Hotel building was constructed in the eighteenth century as a private residence, and it is surrounded by 6.5 acres, or 2.63 hectares, of land with mixed-use zoning.
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The hotel currently has 66 bedrooms, and also includes a 60-seat restaurant, lounge bars, and a variety of function and conference rooms.
The hotel's grounds have parking spaces for approximately 400 vehicles, and also offer the potential for other uses including housing.
The Irish Times quotes John P. Younge as saying, "The hotel has only recently been refurbished to a very high standard and offers excellent facilities for functions, weddings, conferences, and comfortable bed and breakfast facilities in unusually spacious guest bedrooms and suites.
"Standing on such acreage, however, makes the property an exciting redevelopment opportunity. It would be ideal for other uses and, with the surrounding spaces adjacent, offers valuable potential for residential development in this part of Kildare."
© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.