Prem Group Adds Cahernane House Hotel To Portfolio
In the same week it confirmed the purchase of Tulfarris Hotel & golf Resort for €8 million, Prem Group has also snapped up the Cahernane House Hotel in Co. Kerry in a deal worth €3m.
The four star hotel, located in 6.4 acres overlooking Killarney National Park and lakes, was put on the market by the Browne family through CBRE and Tom Spillane & Co in February, reports the Irish Independent.
The property includes 38 bedrooms located in the original house, alongside the Herbert Room Restaurant, which seats 80 people.
The hotel also includes at basement level the Cellar Bar for residents and locals.