The 2,300 men and women taking part in Ireland’s first ever Ironman think they are built for the long haul — but the event’s host town of Youghal is well ahead of them in the staying power stakes.
Set to host the grueling full distance event (3.8km sea swim, 180km bike ride and 42k run) Youghal itself outpaced them with a tourism business since the 1800s, a town charter since the 1200s, and its St Mary’s Collegiate College has Church roots back to the sixth century.
Now, two linked or associated period era buildings, one of them a true-blue Regency house and an early Georgian one, both of whom “work” in the hospitality sector for their living, have come for sale, all truly fit for purpose.
Listed with auctioneer Andrew Moore as a business opportunity are two “substantial guesthouses”, with impeccable period roots and recent restorations to their credit: one is the1800s Devon View, facing the former Devonshire Arms Hotel (currently being refurbished, after years’ of being closed up) and the adjacent Abbey View, along with a two-bedroomed cottage.
Between them, and including a manager’s two-bed suite in Devon View, there are 20 en suite bedrooms, within these historic buildings, and some 11,000sq ft of accommodation overall.
While declining to publicly disclose the income, Mr Moore says it’s already substantial and has further growth potential as the historic, walled and seaside town of Youghal by the Cork-Waterford border and River Blackwater continues its recovery.
The pair, with cottage, are guided at €1.3m, and are distinguished by the quality of their recent upgrades, and antique furniture provision, he suggests.
“Both of these substantial properties are unusual on two principal fronts.
Firstly they are both untarnished and intact examples of the aesthetic beauty and solidity, which is indicative of the period of their construction.
Secondly the quality of the refurbishment and remedial works are both sympathetic and in keeping with the high and modern requirements of today’s standards,” he endorses.
Dating to about 1810, the Georgian Devon View has nine en suite bedrooms, manager’s suite, commercial kitchen, sitting room, dining room, library and garage, while the stone-faced and even older (by about 70 years back to 1740) Abbey View has a basement, seven en suite bedrooms, a two-bed apartment, dining room, kitchen, and laundry.
The separate, detached cottage has two further bedrooms.
Meanwhile, also in Youghal, the four-star boutique Walter Raleigh Hotel overlooking the bay in Youghal, and which had been put up for sale a year ago by agents CBRE, with a guide price of €2.5m, has been withdrawn from the market, with the current owners continuing to operate it.
That noted hotel, with some 40 bedrooms, was sold to US investor Richard Voke in 2005 for about €2.5m, and resold in 2013 for over €400,000 to property developers Grace and Nick Ryan who refurbed and invested a further €1.5m+, bringing the Walter Raleigh to a four-star rating and helping to positively reverse Youghal’s fortunes.
Details: Andrew Moore & Co 021-4273939.