• In tourist capital of Monaghan
• 20 en-suite letting rooms, 5 acres of land
• Annual Sales approx £520,000, scope to increase
Exquisite 20 en-suite bed hotel, delightful setting, 5 acres of land – Turnover approx £520,000 per annum, 20 beautifully presented en-suite bedrooms, truly enviable reputation, excellent potential for growth, rare opportunity, genuine reason for sale, viewing highly recommended Freehold Ref 41761
Riverdale Hotel is a comfortable, well appointed hotel located in Ballybay. Ballybay is a town in County Monaghan in Ireland, positioned on the crossroads of the R183 and R162 regional roads. The name in English means "The Mouth of the Ford of the Birches". The town is situated 10 miles from Monaghan which is the county town. Ballybay is a town of unique form and character surrounded by rolling green hills and plentiful lakes and wetlands, with fine buildings and store fronts, a legacy from its linen and horse fair days.
The Cavan/Monaghan region is a renowned fishing & angling location, where nature has provided a rich assortment of lakes, rivers and streams. This region is an absolute fishing paradise with over 400 lakes teaming with a variety of fish including Bream, Roach, Perch and Hybrids. The Dromore river system which stretches over 10 miles from Ballybay (Co. Monaghan) to Cootehill (Co. Cavan), has some of the best pike fishing and coarse fishing
This is a rare and exciting opportunity to purchase a long established and highly renowned Hotel which occupies a delightful setting.
This well established and well known hotel that has been established for many years and in that time has earned a truly enviable reputation for offering a warm welcome with well appointed facilities which ensures the business enjoys excellent reviews as well as frequent referrals and recommendations.
Riverdale Hotel operates from commanding and imposing three storey premises which are immaculately appointed throughout with a restaurant that seats up to 40 guests, coffee shop that seats up to 20 guests, function room that holds 270 guests and seats 150, 12 beautifully appointed en suite guest rooms, the other 8 bedrooms are in need of some modernisation and a large car park at the rear. The property also has 5 acres of land.
Riverdale Hotel is a successful business yet offers scope for future growth and development. The business would therefore ideally suit
Summary. This well known and highly regarded hotel has been successfully operated and is only now being offered for sale due to personal reasons. This is a first class opportunity for an enthusiastic team and viewing is recommended.
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