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Moyvalley Hotel & Golf Course, Co Kildare has €4m-€5m price guide

12.07am 16th September 2013 - Property - This story was updated on Sunday, September 15th, 2013

Moyvalley2_indoCBRE 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.

Moyvalley4_indoThe 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

       

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