Radisson Blu Cork cost €37m to develop, now on market for €8m

Cork’s Radisson Blu Hotel which was developed at a cost of €37m, is for sale for €8m, with strong trading figures and good profits clocked up over the past three years.

The modern 126-bed hotel, attached to the restored 19th-century Ditchley House, is on nine acres adjoining the East Gate Business Park and close to Euro Business Park, as well as Little Island, serving a hinterland with thousands of jobs.

The hotel was developed by former dentist and developer Rick Fitzgerald of the Oran Group, with input from experienced hotelier Des O’Dowd. It opened in 2005.