Longford's Annaly Hotel back on the market

Longford's Annaly Hotel back on the market

The Annaly Hotel, located along Longford town’s main thoroughfare, is back on the market by private treaty this week. 

The hotel which boasts a bar at the front, 38 bedrooms and a large dance and function room area to the rear comprises close to 20,000 square feet.

The entire site covers a quarter of an acre.

Earlier this year, the hotel was removed from the market after a French consortium, that initially expressed an interest in buying the property, failed to finalise the purchase.   

Local auctioneer Fintan McGill, who has been advertising the premises for the past few months, told the Leader on Monday that a number of offers  had been made for the premises, some of which were in excess of €300,000.  

Opening offers in excess of €150,000 were invited for the premises when it went on the market last April, however it was removed from sale  a few weeks ago and was returned by private treaty last week. 

Fintan McGill said the receivers - KPMG - were anxious to sell the Longford property. 

He said he remains hopeful that the premises will be sold in the coming weeks.

 “The Annaly Hotel is back on the market by private treaty,” he added.

“The receivers want it sold and we currently have bids in excess of €300,000 on the premises.

“I am hopeful that the premises will be sold in the not too distant future.”