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19 July 2017

Third generation hotel in Co.Down goes on the market

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A third generation Co Down hotel located close to one of the world’s leading golf courses has gone on sale for £600,000. 

Its owner, Dorothy Bell, is selling due to retirement, as her children do not wish take over the business. 

The Avoca Hotel rests on the main promenade in the coastal town of Newcastle. .

The 16-bedroom hotel includes a lounge, bistro, bars, courtyard, and kitchens with storage and toilet facilities on the ground floor.

It is situated less than a mile from the world famous Royal County Down golf course. It was this course that hosted the Irish Open in 2015.

“It’s the third generation. I haven’t any family who are interested in taking (the hotel) over, I don’t have an option, but just want to retire,” she said.

“We have been in it since my grandfather’s time.

“We have been here since around 1964 and we’ve just completed a couple of projects, put on a new roof, painted and decorated. There are a few other things I’d like to do.

“I’m now just waiting to see if there is any interest. 

“We would get (golfers). We are only a small hotel and we would have a lot of repeat customers. We’ve had a few Canadian customers, coming over to play the golf course in somewhere that is close to the town centre.” 

The brochure from commercial property agent OKT, who are responsible for selling the property, states the area is “backdropped by the stunning Mourne Mountains and close to the Royal County Down Golf Club, Tollymore Forest Park, Silent Valley and Murlough Nature Reserve”. 

A poll by US magazine Golf Digest recently named The Royal County Down golf course as the best in the world. 

Along with this achievement, the town’s promenade recently undergone a multi-million pound upgrade. 

A number of other hotels elsewhere have gone on sale this summer including the prestigious, Carton House in Co Kildare, which is now on the market for £53m. 

Carton House, part-owned by a family from Co Tyrone, was transformed from a stately home into a 140-bedroom hotel and is home to two championship golf courses. 

This four-star resort became a home away from home for visiting sporting teams such as the Irish rugby team, the 2017 British & Irish Lions and the Real Madrid team.

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