News

Marine Hotel in Glandore sold to Cork consortium

March 21st, 2015 11:50 AM

By Southern Star Team

Share this article

THE Marine Hotel in Glandore has been sold to a consortium from the Cork city area.

By Siobhan Cronin

THE Marine Hotel in Glandore has been sold to a consortium from the Cork city area.

The hotel, which commands stunning views over Glandore Harbour and beyond, is located on the coast between Skibbereen and Clonakilty.

Auctioneer Charles McCarthy confirmed this week that the hotel will now likely undergo a revamp before it opens and is aiming to be back in business for the summer season.

The complex, on a prime site in the stunning hillside holiday location, comprises a three-storey bar and restaurant, with 11 ensuite bedrooms in a detached annex.

There are also 17 self-contained holiday homes on the site – a mix of three-bed townhouses and two-bed apartments. The bar and restaurant area is over an impressive 8,500 sq ft, and the complex was sold on the instructions of receivers KPMG.

Having closed in November 2013, it was followed by the closure of the well-known pub and restaurant, the Glandore Inn, further up the hill on the northern side of the village.

However, this latest news is a great boost for area, with just months to go before summer. The Glandore Inn, which itself was sold for over €600,000 last September, and reopened just before Christmas, has begun serving food once more.

While there was no confirmation of the sale price for the Marine Hotel, it is believed to have been in the region of €2m. Glandore is a much sought-after location with a lot of high-profile residents.

Share this article