HOTEL & GOLF RESORT Adare, Co. Limerick, Ireland. Prestigious 5 Star Hotel and Golf Resort Convenient to Shannon International Airport

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1 HOTEL & GOLF RESORT Adare, Co. Limerick, Ireland Prestigious 5 Star Hotel and Golf Resort Convenient to Shannon International Airport 1

2 THE OPPORTUNITY 2 Outstanding opportunity to acquire one of Ireland s most evocative hotels and resorts situated in Adare, Co. Limerick on 310 ha (766 acres) of beautiful parkland. Adare Manor is a stunning and captivating hotel with 62 bedrooms and suites overlooking the River Maigue and the superbly maintained formal gardens. Currently undergoing a refurbishment programme with capital expenditure of approximately 1 million. Highly regarded 18 hole championship golf course designed bt Robert Trent Jones, Snr. Additional development, agricultural and forestry lands offering further development potential. For Sale by Private Treaty in one or more lots; Lot 1: The Entire on 310 ha (766 acres) Lot 2: Adare Manor and Golf Course on 206 ha (509 acres) Lot 3: Additional lands 104 ha (257 acres) 3

3 N21 DEVELOPMENT LAND ADARE VILLAGE MAIN ENTRANCE ADARE MANOR HOTEL RIVER MAIGUE 4 AGRICULTURAL LAND GOLF COURSE GOLF CLUBHOUSE For Identification Purposes Only 5

4 STEEPED IN HISTORY Adare Manor is a magnificent stately manor designed by architect James Pain in 1830 as a residence for the Earl of Dunraven and set on beautifully maintained grounds, including formal and lawned gardens. This unique work of architecture was constructed as a Calendar House with 365 stained glass windows and 52 chimneys. Following the purchase of the manor by the Kane family a sympathetic programme of restoration, refurbishment and extension to a hotel was undertaken. This development retained and enhanced every authentic detail and preserved the unique character and personality of Adare Manor. The fusion of original features and the requirements of a discerning hotel guest have combined to create a truly unique hospitality experience. A hotel of true charm and character 6 7

5 LOCATION Adare Manor Hotel & Golf Resort enjoys an enviable location in the picturesque village of Adare, County Limerick. Adare is a popular and beautifully presented village located 20km south of Limerick City and easily accessible from Shannon International Airport located 42km away. The property is also located at the gateway to the prime tourist areas of Kerry, Clare and Cork. DISTANCE TO ADARE MANOR Limerick Shannon International Airport Cork Killarney Dublin Airport 20 km 42 km 92 km 93 km 225 km 8 9

6 THE HOTEL Adare Manor is a luxurious 5 Star Hotel that offers unique accommodation with the best of contemporary food and an impeccable approach to hospitality 10 11

7 ACCOMMODATION The Adare Manor Hotel has 62 bedrooms and suites offering a variety of accommodation styles including: Presidential Suite 1 Dunraven Stateroom 4 Stateroom 8 Deluxe 34 Standard 15 The luxuriously appointed bedrooms are spacious and tastefully furnished and range in size from 24 sq m to 65 sq m. All rooms are beautifully appointed with superb views of either the river or the formal gardens and some overlooking the golf course. Located in the golf clubhouse are 11 additional en-suite bedrooms. The hotel leases extensive additional townhouse and villa accommodation, which has been developed on the Resort

8 SUPERB DINING FACILITIES Dining/Bars Adare Manor offers a choice of renowned dining and bar options including: The Oakroom Restaurant A most enchanting dining setting overlooking the river. The room is designed for a formal dining experience. Drawing Room Featuring corniced ceiling, open fireplace and popular for Afternoon Tea Tack Room Bar Cellar-style bar creating a cosy atmosphere The Carriage House Bar & Restaurant Located in the golf clubhouse and offers casual bistro style restaurant for golfers, guests and visitors. Banqueting The Minstrels Gallery is a feature of Adare Manor and a superb venue for a wedding party. The banqueting room with double height ceiling and carved wood panelling walls, beamed ceiling, stained glass windows and 17th century Flemish choir stalls at one end of the Gallery combines to create a unique experience. The Minstrels Gallery has a capacity for up to 200 guests

9 FORMAL GARDENS The Manor House overlooks the superbly maintained gardens which are bordered by the River Maigue and designed in a formal French style. The gardens are laid out in a perfect axial symmetry. Overlooking the gardens is the feature Cedar of Lebanon tree which was planted in

10 SUPERB GOLF COURSE & LEISURE FACILITIES This challenging championship golf course in a unique resort setting was the last course designed and built by Robert Trent Jones Senior who has created a beautiful course sculpted into the mature landscape of this historic estate. The course is characterised by magnificent mature trees, its winding rock walled stream and undulating greens. The course which plays up to 7,453 yards has hosted many internationally acclaimed events including two Irish Opens in 2007 and 2008 and the JP McManus Invitational Pro Am in 2005 and There is an extensive, purpose built clubhouse incorporating a Pro Shop, ladies and gents locker rooms and dining facilities. Adare Manor includes a 15m heated swimming pool, fitness room and a variety of leisure pursuits on the grounds including fishing on the River Maigue, Falconry, Clay Pigeon Shooting, Archery and Horse Riding

11 THE BUSINESS Adare Manor is a prestigious 5 star hotel and golf resort easily accessible from Dublin, Ireland s principal cities and international airports which offers guests a unique hotel and golf experience. The hotel is a popular destination for Irish and international visitors with increasing numbers visiting Ireland from the US, Europe, the Middle East and Asia. Over the years the hotel has built up a quality business and this sale offers a rare opportunity to acquire a highly profitable resort business. This resort is being offered as a going concern with vacant possession and offers an opportunity for national or international brand affiliations. Development and Agricultural Lands Adjoining Adare Manor and Golf Course there are additional development, agricultural and forestry lands extending to 104 ha (257 acres). Development Land: These lands extend to a total area of approximately 37 ha (91 acres). Planning permission has been attained for a private hospital (21,000 sq m), a nursing home facility and 133 houses. Agricultural and Forestry Land: These lands are interspersed in three plots around the property and extend to 67 ha (166 acres) of which 34 ha (85 acres) are in tillage. There is also a derelict gamekeepers lodge situated on these lands

12 THE RESORT Licence & Registration Hotel Licence Failte Ireland Registered 5 Star Services All mains services are connected to the Resort Standby generator Passenger lift in Manor House and River Wing Gas fired central heating; air conditioning/handling Resort well water Waste water treatment plant Tenure We are advised that the entire is held Freehold. Sale Process Adare Manor Hotel and Golf Resort is being offered for sale by private treaty in one or more lots and offers are invited for the freehold of the property and the business, as a going concern. Further information on this opportunity and full details of the hotels recent trading performance are available in our comprehensive data room. Access to the data room is available upon receipt of a signed Confidentiality Agreement (CA) which is available from CBRE. All signed CA s should be sent by post or to CBRE, contacts listed overleaf. Price: On Application

13 Solicitors Beauchamps Riverside Two Sir John Rogerson s Quay Dublin 2 Ireland secur @beauchamps.ie Viewing Sales Process This freehold resort of 310 ha (766 acres) is being offered as a going concern with vacant possession and is available in one or more lots as follows: LOT 1: LOT 2: LOT 3: The Entire on 310 ha (766 acres) Hotel and Golf Course 206 ha (509 acres) Agricultural and development land extending to 104 ha (257 acres) Strictly by appointment with sole selling agents. Contact JOHN HUGHES john.hughes@cbre.com JOHN RYAN john.ryan@cbre.com PAUL COLLINS paul.collins@cbre.com 24 DISCLAIMER: CBRE These particulars are issued by CBRE Ireland on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in preparing them, CBRE Ireland for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Neither CBRE Ireland, nor any of their employees have any authority to make any or give any representation or warranty in relation to the property.