Limerick's oldest hotel, the Railway Hotel, a former coaching inn dating back to 1871, has been put on the market by GVM Auctioneers with a guide price of €525,000.
Accompanying it is the adjoining McEnery's shop for a price of €125,000, the properties closing due to a downturn in the hospitality sector, increased competition and general trading difficulties according to the previous owner Michelle Collins, reports Limerickleader.ie.
The 31-bedroom hotel is located across the road from the Colbert train and bus station on Parnell Street, is a short walk from the city centre, and is described as being "very prestigious [and] an ideal investment opportunity with much potential to develop" by GVM.
The hotel's facilities include a "well furnished" modern bar with mahogany fittings, a meeting room with fireplace, an office, laundry room and 19 double bedrooms.
