We understand that the Anner Hotel, situated on the Dublin Road here in Thurles, has been rescued from its recent receivership status.
Mr Kieran Wallace and Mr Padraic Monaghan of KPMG had been appointed Joint Receivers to the hotel here in Co Tipperary with effect from May 2013 last.
Pillo Hotels Limited had immediately taken over the management of the hotel, which was and remains a wonderful, family friendly run Three Star venue, first begun some 50 years ago and greatly extended and operated by the Mulcahy family for the latter 25 of these years.
The hotel is now understood to have been purchased by three brothers, namely Michael, Patrick and Seamus Maher, operating from the nearby village of Two-Mile-Borris.
It is understood that the new purchasers are also current owners of a Property Development business and the contract to purchase the property, which had continued to trade without interruption to date, was signed yesterday.
Details of the actual purchase price are not publicly known, however an asking price tag of €1.1m had been initially put forward by receivers KPMG who in turn appointed agents, Savills Commercial, of No. 11 South Mall, Cork to offload the hotel.
This venue presently trades as a three star hotel, offering its large clientele 96 bedrooms, a lounge bar, a restaurant, private dining room, air-conditioned conference and banqueting facilities and a leisure centre with an 18m swimming pool, Jacuzzi and Sauna. The hotel, situated on a manicured two acre site fronts the main Dublin Road, on the eastern edge of Thurles town centre, also boasts seven varying sized conference rooms and a main function room with comfortable seating capacity for some 250 guests.
We wish the new owners every success in this their latest successful enterprise.