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Written by Frank Corr
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Thursday, 21 October 2010 08:27 |
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The Pierhouse Bar and Restaurant, is offered for sale by receiver Niall Coveney of Ernst & Young, and it could achieve between €1m and €1.5m.
Meanwhile, the liquidator of a Donegal hotel, Ostan na Rosann, has disclosed a reserve price of €500,000 for the 48-bedroom Dungloe hotel. In 2007 the owner Maurice McBride had been asking €3m for the hotel and earlier this year Jim Stafford, liquidator, MMB Hotels Ltd, had been hoping to achieve €885,000 from its sale. The Pierhouse, a two-storey traditional property has a lounge bar, back bar, snug bar, staff rooms and store, as well as an upstairs 50-seater restaurant and kitchen.
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