Belfast Telegraph

Buyer snaps up Portrush hotel

By John Mulgrew

A Co Antrim hotel - dubbed one of Northern Ireland's worst by some guests - has been sold.

The Eglinton Hotel in Portrush was placed on the market last year, seeking offers over £500,000.

It's understood the 32-bedroom budget hotel had been owned the same family for decades, and was put on the market due to retirement.

While the identity of the buyer has not been revealed, it's understood to be someone well-established in the hotel and hospitality sector.

Commercial property agents Osborne King confirmed the hotel was now "sale agreed", with a deal hopefully being completed in the next few weeks.

But it did not reveal how much the property was being sold for.

Despite negative reviews on travel website TripAdvisor, a reporter from the Belfast Telegraph's sister paper the Sunday Life was left pleasantly surprised, following a stay at the coastal spot.

It's the second hotel to be sold in Portrush over the last 12 months.

The Ramada Hotel was sold to City Hotel Group in a deal worth in excess of its £2.75m asking price, in January last year.

The 69-bedroom north coast hotel was sold by commercial property firm CBRE, on behalf of administrators RSM McClure Watters.

The hotel was put into administration by Nama in April 2013.

Belfast Telegraph

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