A 48 bedroom Donegal village hotel has failed to reach its €175,000 reserve price at an auction in Dublin.
Caiseal Mara Hotel
The Allsop Space auction in Dublin’s RDS failed to muster a bid on the Caiseal Mara Hotel at Foyle Street, Moville yesterday.
The semi-detached hotel was also to be sold for the knock-down price with all contents included.
There are 48 ensuite bedrooms, two function rooms, a bar and restaurant in the hotel, as well as a lobby, kitchen and staff rooms.
The hotel has been closed since June last year, after it was taken into administration in 2010.
It is understood a private deal was later done on the hotel for an undisclosed sum after the auction.
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