Northern Ireland's world-class golf resort on market for £10m

25 September 2012 by
Northern Ireland's world-class golf resort on market for £10m

Lough Erne - Northern Ireland's first five-star hotel and resort - has been put up for sale after its parent company went into administration.

Offers in the region of £10m are being sought for the part-freehold, part-leasehold interest in the 120-bedroom property set within 345 acres of the Fermanagh Lakelands Region, near Enniskillen.

KPMG was appointed administrator of Castle Hume Leisure, the former owner of Lough Erne, in May 2011 and CBRE Hotels is now handling the marketing of the property.

The resort, which includes a hotel and 25 lodges, opened in 2007. It was developed at a cost of around £35m and is described as being "extremely well maintained" and "in excellent condition throughout".

It incorporates five food and beverage outlets, a Thai spa, conference and banqueting facilities for 400 people, the Faldo Academy and two championship golf courses - the Castle Hume and the Faldo course, which is listed in Golf Monthly's top 100 golf courses in UK and Ireland.

Designer of the Faldo course, Sir Nick Faldo, said: "I've played golf on every continent and I can honestly say that I am overwhelmed by the location and beauty of the Lough Erne project."

The sale includes a mix of 25 three-, four- and five-bedroom holiday homes. There is also planning permission in place to develop another 18 homes.

Lough Erne was originally developed to rival the world-class golf resorts of Scotland, including Gleneagles and Turnberry.

Castle Hume Leisure, owner Northern Ireland's Lough Erne hotel, goes into administration >>

Hotel Partners adds golf resort >>

By Janet Harmer

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