China link to off-market sale of 31-bed Clonakilty hotel

The 31-BED Clonakilty Hotel has been resold, in an off-market deal, for up to €1.8 million, to a hospitality investment group, in a deal reportedly backed by Chinese investors.

China link to off-market sale of 31-bed Clonakilty hotel

The 31-BED Clonakilty Hotel has been resold, in an off-market deal, for up to €1.8 million, to a hospitality investment group, in a deal reportedly backed by Chinese investors.

The 1990s-built hotel on Wolfe Tone Street, built under the Seaside Resort Scheme, was previously associated with the Randles family from Killarney, and last sold around 2014, for around €500,000 at the time.

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