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The Quality Hotel & Suites in Killarney is for sale with an asking price of €3million.

The Quality Hotel & Suites in Killarney is for sale with an asking price of €3million. Established as a 3 Star, it is a very well-known landmark in Killarney.

The property contains 188 bedrooms in total including 64 suites. Public areas include a spacious entrance lobby and lounge, two bars and a restaurant with 220 covers and a leisure centre. Included in the sale is a vacant block of 90 bedrooms creating an excellent long term redevelopment opportunity.

This hotel is aimed toward the family leisure market and has a host of child orientated amenities such as a large games zone, indoor sports hall, playground, mini golf and a go-carting track. The total site area is approx. 7 acres and includes approximately 250 car parking spaces.

The hotel is in a pivotal location, fronting the N22 Cork – Killarney Road with direct access off the Park Road Roundabout. According to research carried out in 2010 by DIT almost 90% of visitors to Killarney say overnight and the average adult spend is €150 per day.

BDL Hotels have successfully managed the hotel since October 2012. The hotel has had an excellent year so far and is trading very profitably, the strong hotel trade is not impacted by the sale. The property is available free from this management agreement if required and the Quality franchise is agreed on a flexible basis.

According to Denis O’Donoghue of Savills, the Quality Hotel offers a rare opportunity to acquire an established and profitable hotel in the prime Killarney market. "With guaranteed tourist business and a loyal customer base this is an exceptional opportunity for both owner operators and investors.”

Savills Cork and Dublin have charge of the sale.

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