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21/06/2024

Roe Park Resort Listed For Sale Priced At £14m

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The 4-star Roe Park Resort, located on the outskirts of Limavady, is now on the market through CBRE Group, with a guide price of £14 million.

Roe Park Resort, which was named the Best Golf Resort in Ulster at the 2024 Golfers Guide to Ireland awards, has been independently owned since it opened in 1995.

Over the past three years, the resort has invested more than £3 million into enhancing its wedding and events venues, upgrading its golf course, refurbishing bedrooms and introducing a new self-catering accommodation option, the Gate Lodge. These improvements have solidified its reputation as one of Northern Ireland's luxury resorts.

Speaking on behalf of the Roe Park Resort, Alan Wilton, Board Chairman said: "Roe Park Resort holds a very special place in our hearts, and we are extremely proud of the successful and stable business it is today. After almost 30 years, the directors believe that the time is now right for new owners to take up the reins and see the resort continue to thrive into the future."

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The Roe Park Resort, with 118 bedrooms, is situated on the border of Roe Valley Country Park, occupying a former 18th Century manor house that was historically significant as the site of Ireland's inaugural hydroelectric power installation. Thoroughly restored, the manor house retains its original charm, complemented by the presence of the coach house and gate lodge, collectively lending the resort its distinctive appeal.

As well as having 118 bedrooms, 18-hole parkland golf course, driving range/golf academy, spa, two award-winning restaurants, bars and health club, the Roe Park Resort has three self-catering properties with planning permission sought for the development of a further 11 detached self-catering units.

Northern Ireland is paradise for golf enthusiasts, featuring a diverse range of courses catering to every level of skill. Roe Park Resort stands out as a top golf destination in the region, renowned for its PGA standard 18-hole, 5,154m parkland course. Situated near the iconic links courses along the Northern Ireland coast, such as the esteemed Royal Portrush Golf Club, which will once again host the Open in 2025. The 2019 event drew nearly 240,000 visitors, highlighting its global acclaim and popularity.

Alan Wilton concluded: "This is an exciting transition for Roe Park Resort. One which provides a great opportunity for the resort and the team to develop even further under new ownership."

Paul Collins Head of Hotels in CBRE Ireland commented: "We are delighted to be appointed to sell one of Northern Ireland’s best known and highly profitable resort hotels. Roe Park Resort is an exceptional opportunity for parties to acquire a thriving business in a charming location with excellent future development potential."

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