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Pillo Hotel Ashbourne Put Up For Sale for €8m

Published on Jan 27 2016 11:20 AM in Hotel tagged: hotel / ashbourne

Pillo Hotel Ashbourne Put Up For Sale for €8m

The four-star Pillo Hotel in Ashbourne has been put on the market with a guide price of €8 million, according to reports.

With sales of hotels in Ireland hitting a record high last yearthe popular Co Meath hotel, which first opened in 2007 under the Marriot brand, is to be offered for sale through Savills Hotels & Leisure. 

The Irish Times reports that the  hotel, which is owned by a business syndicate headed by Paddy Kelly and John McCabe, is being sold on the instructions of KPMG who was appointed receiver by the former Anglo Irish Bank.

The 148-bedroom hotel includes a restaurant and bar alongside conference and banqueting facilities capable of seating 550 guests.

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