Kildare House Hotel
The Kildare House Hotel has come on the market with a guide price of €1.1m.
Dowling Property is in charge of the sale of this landmark building in Kildare town. This historic hotel is located right in the heart of Kildare’s bloodstock industry and has had an impressive guest list from the world of racing, throughout the years. The hotel is currently trading as a successful and well-managed boutique hotel and consists of 21 ensuite bedrooms, two bars, restaurant and a ballroom which can accommodate up to 200 seated guests.
"The 27,000 sq. ft. of accommodation was renovated and upgraded in 2014/15 to very high standards and now provides contemporary and comfortable surroundings and has built up enormous goodwill throughout its years of trading. There are two separate bars, function room and the popular “The Gallops” restaurant," said the auctioneer.
"The ballroom is strategically located and has its own independent entrance and has proven a very popular wedding venue. The room occupancy rate is currently running at an impressive 82% and this can be attributed to its location to the thriving Kildare Shopping Village, which is just a five minute walk away."
They said Kildare Town has seen an explosion of high-end, new housing in recent times along with the opening of new multinational stores in the past number of years including Tesco, Lidl & Aldi and the hugely successful Kildare Shopping Village.
"The town is a commuter’s favourite due to the train station and its direct link to the M7 motorway leaving Dublin’s Newlands Cross just a 30 minute drive away. The town is also a thriving tourist area with the National Stud & Japanese Gardens close by, which is one of Kildare’s top tourist attractions. The new €70,000,000 redevelopment of the world famous Curragh Racecourse, which is due to be completed in 2019, which will no doubt all help to fill rooms," said Dowling Property.
"This is a 'turn key' investment opportunity for its new buyer, as we are selling the hotel with all contents included. There are trading figures available on request only."