187 bedroom hotel plus 18k sq ft office space

In 2019, Warren Private acquired a 0.3 acre commercial development site in conjunction with our Irish development partner Greenleaf Group. Located in a prominent location on Cork’s quay side, the site comprises a closed hotel and a number of listed commercial buildings.

The site was acquired without planning. Subsequent to acquisition, we obtained planning permission from Cork City Council for a 91k sq ft commercial scheme which will involve the demolition of the existing closed hotel and the construction of a new 187 bedroom hotel and 18k sq ft of office space over four to five storeys.

Premier Inn, one of Europe’s best known hotel brands, will be the scheme’s anchor tenant and have entered into an agreement for lease for the completed hotel.

Construction works at the site commenced in August 2021.

Purchase Price: Confidential
Location: Cork City Centre
Hotel: 187 bedrooms
Office: 18k sq ft