THE famous Highlands Hotel in Glenties is up for sale – at a knockdown price.
The 25-bedroom, three-star hotel on Glenties Main Street was put on the market by estate agency Lisney today.
Offers in excess of €900,000 are being sought.
When the hotel was put up for sale in 2007, a guide price of between €5-€5.5million was tagged.
The three-storey building and a two-storey extension run to around 2,400 m2.
The building comprising a well appointed reception area, with the Navvy Poet Bar & Grill complimented by two function/banquet rooms, coffee room, residence lounge, fitted kitchen together with all the requisite storage and service facilities on the ground floor.
The upper floors comprise of 20 en suite bedrooms together with storage area and beauty salon on the first floor with 5 further en suite bedrooms on the second floor.
The two function rooms cater for 400 and 80 patrons respectively.
The brochure for prospective buyers says: “The business has been unable to derive the benefit of the substantial capital expenditure incurred in the complete refurbishment of the Highlands Hotel due to the Covid 19 Pandemic, however there is no doubting the excellent potential to grow the existing current business with good hands on active management.”Tags: