Dublin,
04
February
2016
|
10:52
Europe/Dublin

Luxurious 38 Bedroom Cahernane House Hotel in Tranquil Surroundings close to Killarney Town Centre For Sale

Hotel of Character and Charm to Generate Keen Interest

Dublin, 4 February 2016 – CBRE Hotels and Tom Spillane & Co. have confirmed their joint instructions to offer Cahernane House Hotel, Muckross Road, Killarney, Co. Kerry for sale with a price in excess of €3m expected for this unique property.

Cahernane House Hotel is an exceptionally well located hotel in a stunning picturesque setting only 2 km from Killarney town centre. With a tree lined avenue entrance the hotel is situated on its own private grounds which extend to 2.65 ha (6.5 acres) and overlooks Killarney National Park and lakes. The hotel is on the popular Muckross Road and walking distance from the town

Killarney is Ireland’s premier tourist town and a popular destination for national and overseas visitors attracted to the region for its natural beauty and vibrant town centre. Killarney is conveniently located between international airports at Shannon and Cork. The town is also only 20km from Kerry Airport with direct flights to Dublin, London, and Frankfurt

The Ring of Kerry is synonymous with the region and attracts huge numbers of visitors annually to the area to experience the coastal, mountain and lake scenery of the famed Iveragh and Dingle Peninsula’s. Killarney is strategically positioned as a base to explore these unique attractions including the increasingly popular Wild Atlantic Way experience.

Key Highlights

  • Luxurious and elegant 4 star 38 bedroom hotel on private grounds with tree lined avenue entrance
  • Stunning setting overlooking Killarney National Park and lakes
  • Only 2km from Killarney town centre and rail station with easy access to Kerry Airport
  • In the heart of the internationally renowned tourist region and famous Ring of Kerry
  • Beautifully appointed period accommodation of character and charm
  • A unique experience of old Irish history and modern hotel luxuries
  • Superb business opportunity in Irelands premier tourist location

History

Formerly the residence of the Herbert Family the Earls of Pembroke, Cahernane House Hotel dates back to the 17th Century. Two Brothers, members of the Pembroke family, whose ancestors had fought on the York side during the War of the Roses, came to Killarney in 1656. One Brother was given the Muckross Estate and the other the Currens and Cahernane. The Herbert family maintained these Estates for five generations.By 1872 the rent roll was declining as a result of pressure by the Land League under the presidency of Charles Stewart Parnell. Henry Herbert like most other Irish landlords was determined to maintain appearances and to do so kept carriages, horses, boats, boatmen, gardeners, gamekeepers and a great many servants. In 1877 he replaced the old family mansion one of the few remaining Queen - Anne buildings in Ireland and in its place he built Cahernane House Hotel.

The Property

Cahernane House Hotel is an exclusive hotel providing guests with the best of old world character and modern hotel luxury in a scenic setting.

With tree lined avenue entrance from Muckross Road the hotel includes 38 luxurious bedrooms located in the original house and a more recent addition linked with glazed double height conservatory. The hotel has the elegant Herbert Room Restaurant, located in the main house, which caters for 80 patrons. The Drawing Room and Library reception rooms with feature open fireplaces are situated off Reception. At basement level is the Cellar Bar provides a warm atmosphere for residents and locals.

Adjacent to the hotel is a two storey stone façade former Managers House which would suit conversion to self catering use (subject to planning)

John Hughes, Director, CBRE Hotels
The sale offers an exceptional opportunity to acquire a magnificent and historic property with the ability to further develop a luxurious boutique hotel business. Cahernane House Hotel is expected to generate significant interest from Irish and international buyers.
John Hughes, Director, CBRE Hotels

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.