Kinsale’s Carlton House hotel, developed by Gable Holdings in 2006 on a wooded 90 acre site overlooking Cork's scenic Oysterhaven Bay at a then-reported cost of €35m, is now for sale with Savills, for receivers, guiding €4.25 million.

LOW-KEY moves by an international company to acquire a spectacularly-sited coastal Co Cork land holding for about €4 million have evaporated — prompting a fresh bid to sell the 370-acre property.