THE newly renovated Derryhale Hotel, a listed building in Dundalk town centre, is for sale by tender. The property has been renovated to shell condition and is now ready for final fit out.
The Derryhale stands on a two-acre site in the heart of Dundalk, directly opposite Oriel Park and adjacent to the railway station and the town centre.
The hotel enjoys excellent frontage on to the busy Carrick and Mount Avenue Roads, Dundalk's most sought after residential areas.
The accommodation currently comprises 23 wellappointed bedrooms and suites, restaurant seating 120, two bars, elegant conference/banqueting suites and several meeting rooms.
"This area of Dundalk is experiencing phenomenal growth with several major high-end residential developments recently completed, " says Dermot Curtin of selling agent CB Richard Ellis.
"The current draft development plan for the Mount Avenue area alone provides for upwards of 2,500 residential units, together with commercial and recreational facilities. As the Derryhale is now ready for final fit out, the opportunity is there for the new owners to put their personal stamp on the property".
In the National Spatial Strategy, Dundalk has been designated one of four new gateway towns in Ireland and next to Dublin and Belfast is strategically the most important population and commercial centre on the East Coast.
The closing date for tenders is Tuesday 19 June.
For further information contact CB Richard Ellis 01-618 5500
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