One of the oldest hotels on the island of Ireland has been put up for sale by its owner.
Opened in 1843, the Kilmorey Arms in Kilkeel lists Winston Churchill and former US President Dwight D. Eisenhower among its former guests.
The 24-bedroom listed hotel was bought out of administration in 2015 by publican Sam Hamilton and fish merchant Andrew Annett.
The rescue deal came just months after the Kilmorey Arms closed in December 2014 with the loss of around 20 jobs.
The venue, on the corner of Greencastle Street and Knockchree Avenue, was given a new lease of life under the new owners, with over £1 million invested in a refurbishment programme.
It’s understood Mr Annett exited the business in 2021, with Sam Hamilton now listed as the sole owner.
But the 77-year-old businessman is now planning to retire and is seeking a new owner for the business.
Osborne King is marketing the hospitality business for sale as a going concern.
The guide price has not been advertised, but the property company’s listing states: “The hotel has been successfully operated by the vendor for the last decade and provides a solid trading performance.
“The hotel is fitted to a high standard throughout following continuous refurbishment requiring negligible [capital expenditure] from a new owner.
“The business provides strong revenue streams from accommodation, beverage, and food sales. There is further potential to grow the business and enhance revenue.”
