Built in the 2000s by the O’Brien family who have long hotel links here the complex has a €2 million price guide, via agents Declan Hickey of Downing Commercial in Cork city, and Maeve McCarthy of Charles P McCarthy in Skibbereen.
The agents say there are three viable businesses here, a bar, a restaurant and the income from the self-catering accommodation.
Right by the pier in one of West Cork’s most scenic villages, the main three-story ‘hotel’ complex has just 11 en suite bedrooms in an annex, plus a main bar, restaurant and bar facility of 10,000 sq ft, mostly in very good condition and with an excellent kitchen, and second small bar kitchen.
However, a lower level portion/cold room did flood after drains on the hill behind, blocked up, so this is one of the physical areas to be addressed before any new owner can start trading. It is being sold on the instructions of a receiver.
The complex also includes four two-bed apartments, and 13 two/three bed self-contained holiday homes done to a good standard.
The mix, which replaced an earlier hotel and night-club on the site, has 40 basement and surface level car-parking spaces.
Glandore, off the Clonakilty-Skibbereen road and near Leap and Rosscarbery, has one of the country’s most enviable settings but the bulk of its visitors are in the short summer season. One of the village’s two bar/restaurants up on the hill, in a prime viewing spot, the Glandore Inn went up for sale two weeks ago, guiding €600,000 via DTZ and Sherry FitzGerald O’Neill.
Also for sale in Glandore, with Charles P McCarthy is Shorecliff, the family holiday home of Tony O’Reilly. It has a main Georgian home, three smaller mews/apartment/studios, and a swimming pool, as well as water frontage. It has a €2-3 million guide via Charles P McCarthy, whose top local price is €4 million for a period home called Seamark. Meanwhile, a Dublin Georgian townhouse at Fitzwilliam Square was also put up for sale for Mr O’Reilly last month, guiding €2.3m has been sold already, according to sources.
Details: Downing Commercial, 021-4271000; Charles P McCarthy, 028-21533