The Creggan Court Hotel in Westmeath, Ireland, was sold to a private Irish-based investor for more than $1.25 million.
CBRE Hotels confirmed the sale of the property. The hotel was offered for sale on behalf of Joint Receivers Kieran Wallace and Padraig Monaghan, KPMG. Creggan Court is being purchased by a private Irish-based investor and the hotel is expected to be managed by Great National Asset Management under a new newly developed Irish mid-scale hotel brand Express Inn.
The 71-room hotel is located at the Kilmartin N6 Centre on the Dublin Road. The Creggan Court Hotel is a three star hotel, which is trading for approximately twelve years.
The hotel operates The Lemon Tree restaurant, which can seat 80, and the Granary Bar, while bedrooms are located on three levels. It also has four meeting rooms.