So says estate agent Jeremy Murphy of the quality commercial mix on the West Cork town’s Kilbrogan Hill. He guides at €400,000/€450,000, for the licensed premises, with nine en suite air-conditioned guest bedrooms, catering kitchen, guests’ breakfast room, 1,300 sq ft galleried function room with mezzanine, games room and stores, etc.
“It’s an imposing three-storey building, of modern construction and provides a top-class venue for Bandon,” says Mr Murphy, who adds there’s lots of scope for a new operator to expand income over a number of different streams, from guest accommodation to functions, meetings, bar trade and more.
In comparison to other West Cork towns, Bandon appears under-provided for in the hotel rooms stakes, and there’s little operating in the town as modern as the Brogan Inn. There’s just over 9,000 sq ft in all, and condition is said to be excellent.
Jeremy Murphy Associates, 021-7270020
Meanwhile, also in Co Cork, a retail unit in North Cork’s Mallow, at 151 Bank Place, is for sale. Set just behind the Bank of Ireland branch on Main Street, and near Mallow Travel, the 4,198 sq ft three-storey property is on offer for €235,000 via agent Mark Rose, of Rose Property Services.
He says it has hosted a successful shop in a good trading location, with air conditioning and an appealing atrium feature on ground floor and has off-street parking in front. Also nearby are McDonalds, ptsb and Bank of Ireland.
There’s a retail/restaurant/cafe at ground level, with duplex apartment upstairs.
Rose Property Services, 021-4293333
Irish hotels group McGettigan Hotels which owns the Ambassador in Cork — having paid c€1.5m for it a year ago — and the Limerick City Hotel (previously a Jurys Inn, for which it paid c€3m), has just paid €4m to add another Dublin hotel to its burgeoning tally.
The company has paid c€4m for the former 129-bed three-star Maldron, at Citywest, via Savills, acting for receiver Kieran Wallace of KPMG. The hotel opened in 2006, and was latterly operated by Dalata. McGettigans also have the four-star North Star Hotel on Amiens Street, as well as the 60-bed Millrace in Bunclody, Wexford, bought for under €1m, and the Clanree in Letterkenny, Donegal.