Hotel goes up for sale

A 181-bed hotel which replaced the iconic Jurys Hotel in Cork City has been put up for sale for about €24m as an investment.

Hotel goes up for sale

The River Lee Hotel, on Western Rd, near University College Cork, was developed by O’Callaghan Properties (OCP), and has an annual rental income of €2.044m, let to PV Doyle Hotels on a 35-year lease.

The four-star hotel with basement car parking, was part of a redevelopment of the riverside five-acre site, which included apartments at Lancaster Quay, and plans for an €80m private hospital.

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