HomeIrelandGalwayOranmoreMaldron Hotel, Oranmore, Galway
€13,000,000

Maldron Hotel, Oranmore, Galway

Refreshed on Sep 22, 2022
Savills Commercial Hotels Division
Savills Commercial Hotels Division
Tel: 01 618 1300
PSRA Licence No. 002233
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Description

The Maldron Hotel Oranmore, Galway has 113 spacious ensuite bedrooms. The ground floor offers an enticing dining experience with a traditional feel in the Q Bar and the Grain & Grill restaurant. Club Vitae is a thriving leisure club providing a gym, pool and treatment rooms. The first floor offers 6 fully-equipped conference rooms.

Features

Excellent opportunity to acquire an outstanding hotel investment Modern branded hotel of attractive scale with 113 bedrooms Leased to Dalata with an unexpired lease term of over 11 years Dalata has one of the strongest hotel tenant covenants in Europe Strong rental income of €900k per annum Upward only Rent Reviews Consistently profitable trade for over 20 years Galway is a major Irish leisure and corporate location Attractive yield of 6.3% (net of 9.96% standard purchaser's costs) Guide Price: Excess €13m, or €115,000 per bedroom

BER Details

B1

Directions

Located on the edge of Galway City, Maldron Hotel Oranmore is easily accessible via all gateways to Galway. For travel to and from the East is the M6 motorway, to the Northwest is the M17 and to the South the M18. For visitors travelling by air, Shannon airport is only a 55 minute drive away.

Negotiator

Tom Barrett

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Maldron Hotel, Oranmore, Galway

€13,000,000

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Beds
Price€13,000,000
Property Type
Size0 meters2
Energy RatingBER-
Refreshed onSep 22, 2022
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Description

The Maldron Hotel Oranmore, Galway has 113 spacious ensuite bedrooms. The ground floor offers an enticing dining experience with a traditional feel in the Q Bar and the Grain & Grill restaurant. Club Vitae is a thriving leisure club providing a gym, pool and treatment rooms. The first floor offers 6 fully-equipped conference rooms.

Features

Excellent opportunity to acquire an outstanding hotel investment Modern branded hotel of attractive scale with 113 bedrooms Leased to Dalata with an unexpired lease term of over 11 years Dalata has one of the strongest hotel tenant covenants in Europe Strong rental income of €900k per annum Upward only Rent Reviews Consistently profitable trade for over 20 years Galway is a major Irish leisure and corporate location Attractive yield of 6.3% (net of 9.96% standard purchaser's costs) Guide Price: Excess €13m, or €115,000 per bedroom

BER Details

B1

Directions

Located on the edge of Galway City, Maldron Hotel Oranmore is easily accessible via all gateways to Galway. For travel to and from the East is the M6 motorway, to the Northwest is the M17 and to the South the M18. For visitors travelling by air, Shannon airport is only a 55 minute drive away.

Negotiator

Tom Barrett