Co Cork hotel on market for €6m

Back in the mid-2000s, a site for an hotel was put to market in Cork’s Ballincollig, with €7m sought for a 100-bed hotel (never built) on 5.5 acres.

Now, for around €6m, on an adjacent site a fully-functioning 78-bed hotel built with modern wings around a period home dating to 1800 has come on sale for a receiver.

Oriel House Hotel hits the market this week with agents Savills, adding to their string of Cork hotel sales in the past year or so. Agents Denis O’Donoghue and Tom Barrett of Savills have already sold the Ambassador Hotel for the previous owners/developers of Oriel House, William and Angela Savage: a third hotel in their stable of three, in Charleville, is expected to go to market soon.