How two college friends turned a derelict hotel into a booming 5.7m enterprise
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How two college friends turned a derelict hotel into a booming 5.7m enterprise
"Claire Hunter and Colum McLornan bought the Marine Hotel in 2012 after receivers had been appointed. It's now on the market for almost €6m"
"After 13 years of graft, the same north coast hotel is a bustling location with an AA four star rating and a £4.95m (€5.7m) price tag."
Claire Hunter and Colum McLornan bought the Marine Hotel in 2012 after receivers had been appointed. The pair invested £400,000 (€460,000) to revive a derelict property on the north coast. Over 13 years of work the hotel was transformed into a bustling venue and achieved an AA four star rating. The property is now on the market with a listed price of £4.95 million (€5.7 million) and is described as almost €6 million. The project illustrates a long-term investment and operational turnaround from receivership to a high-rated, sale-ready hotel.
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