Tallaght Hotel on the Market for €4 Million

The Tallaght Cross West Hotel has been placed on the market for an asking price of €4 million.

The hotel was previously placed on the market in October last year at an asking price of €3.5 million but was subsequently removed. The purpose-built hotel fell into receivership in 2009 after a short period of trading, according to the irish Independent.

The eight story, 186 bedroom hotel offers a "tremendous opportunity to re-establish a successful hotel operation and take advantage of the growth in tourism demand and the improving economic conditions," according to John Ryan of CBRE.

It is situated near Tallaght Hospital, Tallaght Institute of Technology, Tallaght football stadium and The Square shopping centre, as well as the red Luas line.