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Potential Four-Star Dublin Hotel Site Hits The Market For €16m+

Published on Feb 1 2018 10:20 AM in Hotel tagged: Trending Posts / Dublin / CBRE / St. Stephen's Green

Potential Four-Star Dublin Hotel Site Hits The Market For €16m+

A property with approved planning permission for a four-star 81-bedroom hotel located at No. 77 St. Stephen's Green in Dublin has hit the market with a guiding price in excess of €16 million.

According to The Irish Independent, the planning permission allows for the refurbishment of the former Loreto nuns' home to encompass eight suites, graceful reception rooms, a high-quality bar and restaurant, and spa facilities. Permission also exists to construct a 73-bedroom block at the rear of the building.

Commenting on the property, John Ryan of CBRE's hotel division said it offers a "unique opportunity to acquire a superbly located hotel development site and the opportunity to develop a unique boutique hotel comparable with the best in the world."

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