Glenlo on track

GALWAY’S five-star Glenlo Abbey hotel and golf course, on 140 acres at Bushy Park — complete with old Orient Express train carriages — is up for sale for joint receivers Aengus Burns and Michael McAteer of Grant Thornton, with offers sought close to €4m.

Glenlo on track

The Glenlo was Co Galway’s first five-star when first built/converted from an original manor house and abbey back in 1992, and looks over top trout and salmon fishery Lough Corrib, and is just five kilometres from Galway city.

Offered by private treaty and as a going concern, with a significant wedding and function venue, it also houses the unique Pullman restaurant, fashioned from three of the dining carriages of the original Orient Express. One of a trio, the Leona (Car No 208) dates to 1927, carried Winston Churchill to his final resting place at Blaydon Cemetery, and starred in the 1974 Murder on the Orient Express with Sean Connery and Albert Finney as Hercules Poirot in the Sidney Lumet movie.

The lakeside hotel and nine-hole parkland golf estate now has a modern bedroom wing and pavilion conference/function centre added with 46 bedrooms. It also has private lounges, a guest library, two bars and River Room restaurant with views over Lough Corrib.

GUI-registered Glenlo Abbey Golf Club has run as a proprietary golf club with c 150 members. Selling agent Dermot Curtin of CBRE says there’s scope to increase the membership and market the Corrib-side course on the Clifden/Connemara route further.

“The sale of Glenlo represents the best opportunity in many years to acquire a well established, high quality hotel and& golf resort close to Galway city and airport, and especially one which has enormous further potential,” says Mr Curtin, adding that with Galway’s strong tourism seasons and major international events, “the population probably trebles for six months of the year.”

Development costs were far in excess of the €4m guide so “an opportunity now exists to purchase this excellent property at a very significant discount to its rebuilding or reinstatement cost.” According to CBRE, no Galway hotels of this quality have been offered since 2006.

Meanwhile, a controversial mooted Galway Outer Bypass Route (subject to European Court of Justice Appeal) could bring development plays to the fore if allowed to proceed, it’s claimed, and as a section of the 140 acres will be CPO’d, buyers could recoup portions of the purchase price by selling on some of these lands following zoning changes.

*Details: CBRE Hotels 01-6185539.

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