Grants Hotel - formerly the Damer Court Hotel - was successfully sold at auction on October 15th for J390,000, by Allsop Auctioneers.
The 24-bedroom hotel closed in July this year with the loss of some 20 jobs, striking another blow at the midlands town. Management subsequently put the hotel up for auction, with a reserve range of between J350,000 and J400,000.
Allsop Auctioneers cannot reveal the name of the vendor, but the Tipperary Star understands that it is a Cavan businessman who already owns the Darby O’Gills Country House Hotel in Killarney.
Roscrea Chamber of Commerce Secretary Brian King said: “I certainly welcome the news and congratulate the new proprietor(s) on making what I am convinced will be a most worthwhile investment. Roscrea and its local community need a vibrant and fully functional hotel operating in the centre of town. With some good investment in the premises and some hard work the Hotel should once again realise its full potential. We live in one of the oldest, most historic and charming towns in the country. Roscrea is also situated in a prime location in close proximity to most of our country’s major cities. Sheltered beneath the Slieve Blooms the town also boosts some great leisure and social amenities. All this coupled with a vibrant community and network of local clubs and organisations make the town very attractive particularly to those in the tourist industry. I look forward to meeting with the new owner(s) as soon as possible in both my capacity as Secretary of the Chamber of Commerce and as Chairman of the “Roscrea Enhancement Committee”. I wish the new owner(s) every success and hope that not only do they bring with them jobs and prosperity but they also bring with them a clear message that Roscrea is a town seriously worth investing in.”