CBRE Hotels has confirmed that the Moyvalley Hotel and Golf Course, Enfield, Co Kildare, is now on the market and for sale by Private Treaty. The Moyvalley Hotel & Golf Course sits on an expansive 186ha (c.460 acres) site next to the M4 motorway and close to Enfield, Co Kildare.
The hotel and golf estate was developed from new in 2006 and comprises a modern hotel building with excellent conference and function facilities and 54 stylish and fully air-conditioned bedrooms, bar & restaurant; Balyna House – a 19th century Italianate manor house and an adjoining Abbey – both of which were painstakingly restored; 47 separate 2 and 3 bedroom holiday cottages and apartments; a superb links like golf course – designed by Open Champion Darren Clarke – and a palatial 3 storey self contained golf clubhouse with function/meeting rooms, pro shop, bar, restaurant and changing rooms.
The Moyvalley Golf Club is a registered club with the Golfing Union of Ireland (GUI) and has been run as a proprietary golf club. The Hotel & Golf business currently produces significant accommodation, food & beverage revenues from the current weddings and functions business and green fees from groups and societies.
The entire property – which is in excellent condition throughout – sits on an elevated site extending to approximately 186ha (c.460 acres.)
There has been strong interest in the Irish Hotel & Golf Resort market in recent times with several well known Resort type properties sold over the last three months including FotaIsland, KilkeaCastle, Glenlo Abbey, Palmerstown House and New Forest Estate & Golf Course, which completed just this week.
Moyvalley is being offered in one or more lots as follows:
- Lot 1: the entire on approximately 186ha
- Lot 2: the hotel, Balyna House, 47 Lodges/Cottages – on c. 39ha
- Lot 3: the Darren Clarke designed Golf Course & Clubhouse on c. 121 ha
- Lot 4: Agricultural lands of approximately 26ha
Dermot Curtin of selling agents CBRE Hotels commented: “This sale of the entire Moyvalley Estate represents a great opportunity to acquire a well established, high quality Hotel & Golf Resort – only 40 minutes from DublinCity and Airport – and one which has enormous further potential.
“While Moyvalley Hotel & Golf Course is currently in receivership, the property continues to trade. The total development costs of the property to date are well in excess of today’s guide price of €4 to €5 million and the opportunity now exists to purchase this excellent Resort property at a very significant discount to its rebuilding or reinstatement cost.
“At such a realistic guide price, a purchaser has the opportunity to establish the Moyvalley Resort as the leading wedding, conference and leisure resort in the Kildare region.2
For further information contact: Dermot Curtin at CBRE Hotels – 01 6185539 or by email at dermot.curtin@cbre.com
Moyvalley Golf Club www.moyvalleygolfclub.com
CBRE www.cbre.ie