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Clanree and Caiseal Mara hotels for sale

Letterkenny's inconic Clanree Hotel now for sale with offers in excess of 1.6m. euro.

Letterkenny's inconic Clanree Hotel now for sale with offers in excess of 1.6m. euro.

It’s been confirmed the iconic Clanree Hotel is now up for sale. The hotel, once owned by local businessman Hugh McGee who also owned the Caiseal Mara Hotel in Moville, has a guide price of offers in excess of €1.6m.

It was also confirmed that the Caiseal Mara itself is on the market for 325,000 euro (£285,000 sterling).

It is being handed over for sale by private treaty with instructions from accountants, KPMG, who were appointed to Mr. McGee’s Dalriada Company.

Dublin based estate agents, CBRE have confirmed their instructions to offer the Clanree on the Derry Road, Letterkenny, for sale on the instructions of Receiver Michael McAteer, of Grant Thornton.

A spokesperson for CBRE said yesterday: “The Clanree Hotel occupies a high profile trading location at the Dry Arch Roundabout with extensive frontage to the Letterkenny, Derry Road and approximately 2km from Letterkenny town centre.

“Letterkenny is the largest town in County Donegal and the main hub for business in the county. The town and its environs with a population in excess of 19,000 people is strategically situated on the River Swilly and the gateway to the entire county which is one of Ireland’s most popular tourist destinations. Many visitors to Donegal base themselves in Letterkenny and this offers a tremendous opportunity to visit many sights including renowned beaches and championship golf courses.

“ The town is well served by road transport connected to Dublin, Derry and Galway and is easily accessible from airports at Donegal and Derry.”

The Clanree Hotel is a purpose built hotel complex which previously traded as a Holiday Inn. The accommodation includes 120 Conference and Banqueting facilities for up to 1,000 people.

The hotels leisure centre includes a 20m swimming pool and separate kids pool together with Jacuzzi, sauna, steam room and fully equipped gym.

John Hughes from selling agent CBRE has confirmed that “the sale offers a tremendous business opportunity to acquire a purpose built 120 bedroom hotel at the gateway to the North West and Donegal’s popular tourist attractions”.

The adopted son of Hollywood legend Jane Russell has spoken of his pride in walking the streets of his birth mother’s native Derry.

Thomas Waterfield, now aged 61, was just an infant when his biological mother, Hannah ‘Florrie’ Kavanagh, originally from Springtown Camp in Derry, allowed the ‘Gentlemen Prefer Blondes’ star to adopt him.

On Saturday, during an emotional reunion, Thomas met Sandy McDermott, brother of the late Hannah Kavanagh, during his first-ever visit to Derry.

Thomas, who now lives in Arizona, said it was “quite an honour” to be in Derry, and meet one of his biological relatives.

“It’s pretty cool to meet your blood, and this is something that’s so so special to me,” he said.

“I mean you can talk about it, and hear about it, but it doesn’t become real until you walk those cobbles.”

Hannah’s brother Sandy, who still lives in Derry, said he was too young when his sister left for London to remember her but said he was delighted to meet his nephew and grand nephew.

“He got a good life and it all worked out for him. She made sure it all worked out, but it’s great to meet him now because we’re all family,” he said.

Thomas, whose Derry visit forms part of a BBC radio documentary detailing the story, said he now hopes to return to the city next year to further tell the story of the Russell family history.


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Wednesday 19 June 2013

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