The Dublin office of specialist property adviser Christie + Co has been exclusively appointed by Frontline Asset Management Limited to handle the sale of the Waterford Marina Hotel in Waterford City centre.
Nestled on the banks of the River Suir, the highly-profitable 3-Star hotel was constructed in 1998 and acquired by the present owners in the same year.
The property offers 81 spacious and well-equipped bedrooms, riverside bar and restaurant, a theatre-style function room and on-site parking for approximately 70 vehicles.
Waterford Marina Hotel offers easy access to Waterford Airport and lies 1.7 km from Waterford train station.
Dave Murray, Director and Head of Brokerage Ireland at Christie + Co, says: “The Waterford Marina Hotel is a well-located and highly profitable hotel which will undoubtedly attract competitive interest from investors and owner-operators alike.”
“The hotel is very well regarded by guests and enjoys an excellent reputation online; it is currently the highest recommended hotel in Waterford on booking.com, which is a testament to the strong staff and management employed at the hotel.”
Christie + Co is seeking offers in excess of €3.2million for the freehold interest in Waterfront Marina Hotel.