Three-star hotel in Monaghan for €750,000

The 31-bedroom Glencairn Hotel in Castleblayney, Co Monaghan, goes on the market shortly with a guide price of €750,000.

The three-star town-centre hotel is a popular venue for showbands over the years and can accommodate up to 1,000 guests.

It also has a full-scale leisure centre with an impressive list of members.

Kirsty Rothwell of DTZ Sherry FitzGerald, who is handling the sale for receiver Aiden Murphy of Crowe Horwath, said there had already been considerable interest in the hotel from potential buyers even before it goes on the market.

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The hotel is currently being run by the receiver.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times