Waterford Castle Goes On The Market

By Publications Checkout
Waterford Castle Goes On The Market

Waterford Castle resort is being put on the market, with the owners seeking offers in excess of €4.5 million.

The resort is on a 310-acre island on the River Suir, just two miles from Waterford city. It consists of a 20-bed luxury hotel in the castle itself and 43 lodges in the grounds.

According to the Irish Examiner, it is being sold by Nama - with Colliers International handling the sale.

The resort went into receivership due to substantial debts but it is trading profitably. It had a turnover of over €3.5 million in the past year, over €300,000 of which was from golf.

Included in the sale is a championship 200-acre golf course and clubhouse.

The hotel is reached via a car-ferry ride and while the ferry is not included in the sale, it can be bought for €700,000.