Ennis hotel sells at auction for €305k

Ashford Court Hotel, Ennis

AN ENNIS hotel sold for €90,000 over it’s reserve at an auction in Dublin on Friday to a Clare businessperson; while a west Clare hotel failed to attract a buyer. The Ashford Court Hotel was sold for €305,000, with a lot of bidders attracted by the basement bargain reserve of €215,000.
The distressed property on the Old Mill Road in Ennis was put up for auction by receiver Kieran Wallace of KPMG at the Allsop Space auction. Associate Director of Allsop Space, Robert Hoban, told The Clare People that there was a lot of interest in the 27-bed hotel, set on 0.072 hectares, with “several bidders” taking part in the auction.
All contents were included in the sale of the hotel building, which included a restaurant, bar area and ancillary accommodation.
A second Clare hotel, The Kilkee Bay Hotel, failed to reach its reserve. The hotel on the Kilrush road has a reserve of €315,000, and was put up for sale by private citizen.
Mr Hoban said he did not know if there would be a second attempt to sell the property, and he was awaiting instructions from his client.
“Some clients take it off the market, and some times it is re-offered at a lower reserve price,” he said.
The familiar landmark hotel on the Kilrush road into the seaside town has 41-bedrooms together with bar and function room facilities that extend to 18,910.45 square feet.
The two-storey hotel neighbours The Kilkee Bay Leisure Centre, a basketball court, and several rows of apartments/holiday homes.
There is extensive car parking to the front of the property.

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