IRELAND - Savills Glen... · DRUIDS GLEN HOTEL AND GOLF RESORT WICKLOW, IRELAND WOODSTOCK HOUSE A...

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1 WICKLOW, IRELAND I R E L A N D

Transcript of IRELAND - Savills Glen... · DRUIDS GLEN HOTEL AND GOLF RESORT WICKLOW, IRELAND WOODSTOCK HOUSE A...

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W I C K L O W , I R E L A N D

I R E L A N D

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

SET IN 349 ACRES OF ROLLING COUNTRYSIDE, ON THE EDGE OF DUBLIN*

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

H OTEL H EALTH CLU B

HOTE LE NTRANC E

D RU ID SGLEN

T O D U B L I N / N 1 1

T O G R E Y S T O N E S

CR I CKETP I TCH

T EAM BUILDING AREA

I R I S H S E A

D RIV ING RANGE

D RU ID SH EATH

WOOD STOCKH OU SE

W OODST OCKENT RA NCE

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

HIGHLIGHTS

U N E N C U M B E R E DA N D S T R O N G

B R A N D I N G P O T E N T I A L

E X C I T I N G D E V E L O P M E N T P O T E N T I A L T O F U R T H E R E X P A N D T H E R E S O R T

O F F E R I N G A N D R E S I D E N T I A L A R E A S ( S U B J E C T T O P L A N N I N G )

T W O T O P 1 0 0 C H A M P I O N S H I P G O L F C O U R S E S

H O M E T O 4 I R I S H O P E N SA N D T H E S E V E T R O P H Y

3 4 9 A C R E S N E S T L E D B E T W E E N D U B L I N , T H E D R A M AT I C W I C K L O W

M O U N TA I N S A N D T H E I R I S H S E A *

L O C AT E D I N C O W I C K L O W “ T H E G A R D E N O F I R E L A N D ” ,

J U S T 3 0 M I N U T E S F R O M D U B L I N C I T Y A N D 4 0 M I N U T E S F R O M

D U B L I N A I R P O R T

S T R O N G E X I S T I N GP R O F I T S & F U T U R E

G R O W T H P O T E N T I A L

C L O S E T O L A R G E P O P U L AT I O N O F

A F F L U E N T S O U T H D U B L I N

5 S TA R H O T E L & G O L F R E S O R T O N

T H E E D G E O F D U B L I N

Savills Hotels and Leisure is delighted to offer for sale this outstanding 5-star resort on a stunning 349-acre estate.*

1 4 5 G E N E R O U S LY P R O P O R T I O N E D A I R - C O N D I T I O N E D

G U E S T R O O M S A N D S U I T E S

E X T E N S I V E F & B , C & B A N D S P A / L E I S U R E

F A C I L I T I E S

H O T E L O P E N E D I N 2 0 0 2 A N D W A S F U L LY R E F U R B I S H E D

I N T H E L A S T 4 Y E A R S

H I S T O R I C W O O D S T O C KH O U S E D AT I N G B A C K

T O 1 7 7 0

W I N N E R O F N U M E R O U S A C C O L A D E S I N C L U D I N G

B E S T R E S O R T E U R O P E G O L F E R S G U I D E A W A R D S 2 0 1 8

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

LOCATION

Druids Glen Hotel and Golf Resort is set in 349 acres of rolling

countryside, nestled between The Wicklow Mountains and the

Irish Sea, in the greater Dublin Area (population of 1.9m).*

The property is conveniently located near the N11, the primary

route linking Dublin to the south east and the M50 orbital

motorway. Druids Glen Hotel and Golf Resort is just 40 minutes

from Dublin Airport, 30 minutes from Dublin City and is close to

the affluent commuter town of Greystones (pop 18,140).

D U B L I NA T H L O N E

S L I G O

G A L W A Y

L I M E R I C K K I L K E N N Y

W E X F O R DW A T E R F O R D

B E L F A S T

D E R R Y

C O R K

K I L L A R N E Y

M11

M50

M50

M7

M4

M3

M2 M1

M9

N7

N81

N11

N11

N4

N3

DUBLIN

WICKLOW

NAAS

NEWBRIDGEBRAY

REDCROSSMACREDDINVILLAGE

DONARD

GRANABEG ROUNDWOOD

BALLINAGEE

BLESSINGTON

LUCAN

CLONDALKIN

CELBRIDGE

SALLINSRATHCOOLE ROCKBROOK

GREYSTONES

DUNDRUM DUN LAOGHAIRE

ENNISKERRY

DALKEY

DRUMCONDRA

DUBLIN AIRPORT

BALTINGLASS

GLENDALOUGH

WICKLOW MOUNTAINSNATIONAL PARK

DUBLIN BAY

To WexfordTo Waterford

To Limerick /Cork

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

DUBLIN

Dublin is a vibrant and modern European capital city with

approximately 1.9m people (Greater Dublin Area). Dublin is al-

ready a well-established tourism destination as both a starting

point for longer stays or dedicated short city breaks. A record

breaking 29.6m passengers travelled through Dublin Airport

in 2017. Overseas visitors exceeded 9.9m in 2017 and the first

half of 2018 saw very strong growth of 6.7%. Dublin – London

Heathrow remains the busiest airline route in Europe.

Ireland will be the only English-speaking country in the EU and

maintains strong historic links to North America. Dublin is home

to an expanding number of international occupiers and EMEA

headquarters such as, HSBC, Twitter, Accenture, Facebook,

Google, Barclays, Citi, JP Morgan and Amazon, many of which

continue to grow their presence. Dublin provides an excellent

balance of hotel demand drivers - both leisure and corporate.

Dublin’s population is currently expanding by approx. 12,500

per year. Following nearly a decade of little new residential

supply, meaningful development is now underway. Strategic

land banks between Dublin and Wicklow such as Leopardstown,

Kilternan and Cherrywood will deliver large scale housing stock,

much of it targeted at families, that will further expand the

existing affluent local population.

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Wicklow is the Garden of Ireland. The county has a

population of over 142,000 and is an important commuter

zone for Dublin. Wicklow’s landscape is unique: cliffs,

sandy beaches, rolling mountains, hidden lakes, bogs and

traditional villages. True to its name the Garden County

boasts some of the most beautiful gardens and historic

houses in Ireland. Places of interest include the Glen of

the Downs and the 6th century monastic settlement in

Glendalough. Wicklow has the largest national park in

Ireland, the highest waterfall, the biggest man-made lake

and Kippure is the source of Dublin’s famous River Liffey.

THE GARDEN OF IRELAND

Wicklow is famous for it’s stunning mountain scenery

Brittas Bay; A 5km stretchof sandy beach and dunes

Lough Tay is part of the Guinness Family’s 6000 acre estate in Luggala, Co. Wicklow

Monastic Settlement at Glendalough dating back to the 6th Century

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WILDWICKLOW

Wicklow is Ireland’s premier outdoor destination and sits proudly

within Ireland’s Ancient East. Time travel to the Middle Ages or

discover the ancient sun gods of Ireland or simply sample local

produce and enjoy Ireland’s famed storytellers at work. There is

no shortage of ways to enjoy this very special part of Ireland.

Wicklow is a popular filming location with two state of the art

studios. Some of the most famous movies include, Excalibur,

Braveheart and Michael Collins while currently it is the location

of the TV series Vikings.

Lough Dan; One of the current filming locations used in the hit show Vikings

The Quaint coastal town of Greystones is approx 7km from Druids Glen

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THE PROPERTY

Lobby

The resort was opened in 2002 by Marriot

and offers generous purpose-built

accommodation and amenities. The Hotel

consists of two main wings. The first houses

the arrival, F&B and C&B areas. On arrival

visitors are met by a double height lobby and

reception with feature stone fireplace and

spiral staircase leading up to the dedicated

conference centre. Beyond the lobby the

property opens into the light filled Garden

Rooms & Bar and Hugos Restaurant with

dramatic views over the 13th hole and estate.

The second, is a large bedroom block around

a central landscaped courtyard. This also

houses the Spa and Health Club complete

with pool and studio space.

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D R U I D S G L E N H O T E L A N D G O L F R E S O R T W I C K L O W , I R E L A N D

145 generously appointed air-conditioned

guestrooms and suites

Deluxe King 37Deluxe Twin 51Superior King 18Superior Twin 28Executive Suite 10Presidential Suite 1

Total 145

ACCOMMODATION

Superior Room

Room sizes in the resort start at 38 sq. m for both

Deluxe and Superior. The Executive and Presidential

suites range from 65 sq. m to 78 sq. m. All bedrooms in

the property have been refurbished in recent years to

an excellent standard and feature King Coil 7th Heaven

Divan Sets and duck down pillow & duvet sets.

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Presidential Suite

Twin Room

Executive Suite Living Area

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FOOD ANDBEVERAGE

HU GO’S RE STAURANT

Dine in the stylish light filled Hugo’s Restaurant.

Hugo’s holds two AA rosettes, and offers a superb

culinary experience using fresh Irish produce.

Capacity for 128 people.

THE GARDEN RO OMS

The recently extended Garden Rooms and Bar

offers stunning views overlooking the famous

13th hole on Druids Glen Golf Course. The Garden

Rooms provide a relaxed all-day venue and take

inspiration from the surrounding landscapes.

An impressive terrace completes the scene for

a relaxed and informal dining experience in the

Garden of Ireland. Capacity for 260 people.

SYCAMORE LOUNGE

The spacious Sycamore Lounge is an ideal setting

to indulge in afternoon tea. Capacity for 51 people.

Sycamore Lounge

Hugo’s Restaurant Atrium

Garden Rooms East

West Room

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Woodstock House

Woodstock House Terrace

WO ODST O C K HOUSE

For something different, experience the heritage of Woodstock

House on the resort, a wonderful 1770’s period house steeped

in history. The house offers a range of meeting and dining rooms

including the fantastic rooftop terrace with panoramic views

over Druids Glen Golf Course and the Irish Sea. The traditional

Spike Bar and outdoor terrace is ideal for barbeques and cocktail

receptions with its fantastic setting at the 1st tee on Druids

Glen. Capacity from 50 – 120.

Woodstock House Terrace

FAIRWAYS BA R

The Clubhouse for Druids Heath,

this area of the resort is ideal for

golfers and families alike for a more

causal dining experience. Capacity

for 47 people.

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Druids Glen provides a dedicated and light filled

business centre at first floor level featuring

7 meetings rooms offering WIFI, state of the

art audio visual facilities, air-conditioning, iPad

mirroring facilities and natural daylight

The meeting and events space at the resort

is a popular choice for the nearby national and

international corporates. There is also a 5-acre

outdoor team building area.

MEETINGS AND EVENTS

WEDDINGS

Given the setting it is no surprise that

Druids Glen Hotel & Golf Resort is a

popular wedding destination. The resort is

fully licensed to host civil ceremonies and

civil partnerships with the excellent James

Joyce suite offering flexible space to cater

for large or more intimate banquets.

James Joyce BallroomOscar Wilde Room

Jonathan Swift Boardroom

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STAIRCASE TOGROUND FLOOR& JAMES JOYCE

BALLROOM

JAMES JOYCERECEPTION

220 SQ. M

SYNGEBOARDROOM

SWIFTBOARDROOM

BUSINESSCENTRE

GROUNDFLOOR

LIR TERRACE

108 SQ. M

G.B. SHAWROOM

53 SQ. M

W.B. YEATSROOM

53 SQ. M

OSCAR WILDE ROOMS 1 & 2

105 SQ. M

SAMUEL BECKETT ROOM

47 SQ. M JAMES JOYCE

BALLROOM

369 SQ. M

STA

IRC

ASE

PARTITION WALLCAN BE ROMOVED

W.C.

LIFT

ENTRA

NC

E CO

RRIDO

R

STAIRCASE TO GROUND FLOOR

& BALLROOM

PARTITION WALLCAN BE ROMOVED

FULL BA

R

FULL BA

R

CLOAKROOM

WINDOWS

W.C.

POWER SOCKET

CEILING PROJECTOR

SCREEN

SEATING

POWER SOCKETS ON BOARDROOM TABLE. 55” LED SCREEN, IPAD MIRRORING, HOTEL TV CHANNELS AVAILABLE & DESKTOP CONNECTIVITY.

R O O M BANQUET STYLE THEATRE CLASSROOM U-SHAPE BOARDROOM OVAL DINNER TOTAL SQ FT

JAMES JOYCE 270 400 160 N/A N/A N/A 3,972

JAMES JOYCE 1 120 200 80 32 25 N/A 2,063

JAMES JOYCE 2 120 200 80 32 25 N/A 1,898

OSCAR WILDE 1 40 40-50 30 20-23 16-18 20 572

OSCAR WILDE 2 40 40-50 30 20-23 16-18 20 572

OSCAR WILDE AND BECKETT 120 120-150 80 N/A N/A N/A N/A

SAMUEL BECKETT 40 40-50 30 20-23 16-18 20 501

GEORGE BERNARD SHAW 40 40-50 30 20-23 16-18 20 575

WILLIAM BUTLER YEATS 40 40-50 30 20-23 16-18 20 575

JONATHAN SWIFT N/A N/A N/A N/A 10-12 N/A 401

JOHN M SYNGE N/A N/A N/A N/A 10-12 N/A 260

CAPACITY AND LAYOUT

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WOODSTOCK HOUSE

A period house located on the first tee of Druids Glen

Woodstock House operates as the Druids

Glen Golf Clubhouse. Its rooftop terrace boasts stunning views across the estate and to the Irish Sea. It has two lively bars; Spike Bar in what was the original wine cellar and the Clubhouse Bar. It also provides a delightful private dining setting for up to 120 guests.

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THEHISTORY 1600 1770

1990 1990s 1995

The original medieval foundations date back over 400 years

Woodstock Estate is incorporated into Sir Thomas Wentworth’s (the first Earl of Stafford) landholding

Hon. John Stratford, builds Woodstock House

Current owners purchase the property and commission Pat Ruddy & Tom Craddock to design Druids Glen golf course

Woodstock House is extensively refurbished and rebuilt

Druids Glen Golf Course opened and hosts 4 consecutive Irish Opens from 1996 to 1999

1826 1821- 1827 1980s

2002 2003

Lord Robert Ponsonby Tottenham the Irish Anglican Bishop purchases Woodstock and employs Sir Richard Morrison to design the extensions consisting of the wings

Woodstock House is rented by Richard Colley Wellesley, Lord Lieutenant of Ireland

Woodstock House was used as a writing and recording base by many well-known musicians, including Mike Oldfield (recording Tubuar Bells II) and Rod Stewart

The hotel opens as Marriot and Druids Glen hosts the Seve Trophy between UK and Ireland and Continental Europe

Druids Heath Golf Course opens, Pat Ruddy’s second commission at the resort

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Druids Glen is home to two challenging top 100 parkland courses with a combined membership of approximately 640.

GOLF

Druids Glen Golf Club has earned the moniker “The Augusta of Europe”

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DRU IDS GLEN

The rich flora and fauna and dramatic course layout have earned it

the moniker “The Augusta of Europe”. Measuring 6,202 yards from

the championship tees, Druids Glen is one of Ireland’s top ranked

parkland courses and is a former European Course of the year.

Designed by the renowned pairing of golf architect Pat Ruddy and

former Walker Cup player Tom Craddock, Druids Glen had the honour

of hosting 4 Irish opens. The winners list includes Colm Mongomerie

and Sergio Garcia, his first as a professional. The course hosted the

Seve Trophy in 2002, when the UK & Ireland beat Continental Europe.

DRUIDS HE AT H

Druids Heath opened in 2003. Designed by Pat Ruddy,

Druids Heath presents golfers with fantastic sea

views coupled with the dramatic mountain scenery

County Wicklow is famous for and offers a contrasting

course to Druids Glen. Measuring 7,434 yards, this

course is home to one of the world’s longest par 3’s,

the 250 yard 11th, made even more challenging by

the ever-present sea breeze.

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The Druids Glen Health Club provides a fully equipped gym

complete with an 18m indoor heated swimming pool, a

jacuzzi, sauna and steam room. It is popular locally and has

over 1,000 members.

The gym area provides a mix of cardio and free weights areas

as well as a flexible studio area. The Spa at Druids Glen has

7 well-appointed treatment rooms, a relaxation lounge and

features Elemis products.

The resort is well equipped to cater for family breaks with

dedicated children’s swim times, a playground, Druids Den

kids zone as well as a 24-hour baby pantry and generously

sized interconnecting rooms.

HEALTH CLUB

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Opened as a Marriot in 2002 the property is a well thought

out generous building. The Hotel has undergone a recent

€8m capex programme and is presented in excellent

condition throughout. Further expansion potential

includes additional bedrooms, creation of a dedicated

outdoor events area adjacent to the main property and

repurposing many of the underutilised properties within

the estate.

Charming period buildings on the estate include, the Gate

Lodge (Druids Glen main entrance), Farm Cottage (2nd

Green) and the Ladies Dairy. In Woodstock House there

is also a collection of former offices which offer a range of

potential uses.

There are approximately 50 privately owned residential

properties on the estate with a further small number

under construction. Given the scenic location, proximity

to Dublin and Greystones and a host of resort amenities

these homes are unsurprisingly sought after and high end

in nature. There are areas of underutilised land within the

estate with development potential (subject to planning). * The total area of the estate is approximately 349 acres, including existing third party residential.

FUTURE DEVELOPMENT POTENTIAL

DUBLIN HOT E L M ARK E T

• Dublin RevPAR performed very strongly in the first half

of 2018 with growth of 7.8%, outperforming consensus

forecasts.

• Average occupancy in Dublin was 83% in 2017 at an

ADR of €137.

• Average five-star occupancy in Dublin was 82% in 2017

at an ADR of €267 with RevPAR up 10% on 2016.

• Average Regional Ireland luxury RevPAR grew by 9.4%

in 2017 and was up 8.9% July YTD 2018.

AIR AC C E S S

• Over 14.7 million passengers travelled through Dublin

Airport in the first six months of 2018, showing a 6%

increase with more than three million passengers in

June 2018, a new monthly record.

• A record breaking 29.6m passengers travelled through

Dublin Airport in 2017.

• Dublin Airport is responsible for more than 80% of all air

travel to and from the Republic of Ireland and connects

to over 191 worldwide destinations in 42 countries

operated by 47 airlines.

• Transatlantic passenger numbers increased by 20% last

year to almost 3.5 million - the first time that more than

3 million passengers took transatlantic flights to and

from Dublin Airport in a single year.

• Dublin Airport is investing €320m in a second runway,

expected to open in 2020.

OVE RSE AS ARRIVAL S

• June YTD 2018 saw very strong arrivals growth of 6.7%

• Asian visitor numbers are expected to grow further in

2018 with the introduction of 2 dedicated routes from

China to Dublin.

• Overseas visitors exceeded 9.9m in 2017 and growth

was driven by the USA, Canada and other Europe.

10,000

9,000

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

2008

Other Areas

No.

of T

rips

(000

s)

2009

-12%

-13%+8% +0.2%

+7%+9%

+14%

+11%+4%

2010 2011 2012 2013 2014 2015 2016 20170

USA & Canada Other Europe Great Britain

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THE E CONOMY

Ireland continues to record the strongest rate of

growth in the EU with total output rising 9.1% year

on year in Q1 2018. Underpinning this economic

expansion is jobs growth. Ireland is currently adding

more than to 62,000 additional jobs per annum.

Improved public finances have created space to

address some of Ireland’s long-standing economic

constraints.

In February Project Ireland 2040 was launched,

comprising a spatial strategy which covers the next

22 years (The National Planning Framework) and an

integrated spending plan for the coming decade (The

National Development Plan). Expenditure of €116bn

should bring Ireland’s public investment spending back

above the EU average under this plan.

Ireland is the 2nd most competitive economy in the

EU (IMD World Competitiveness rankings 2017) and

Dublin is Europe’s “Silicon Valley”. A longstanding

destination for FDI, high growth companies located

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in Dublin continue to expand their presence. 236,

924 sq. ft (22,000 sq m) of Dublin office space was

taken by occupiers from the ICT sector in Q1, and

the share of space accounted for by this sector

continues to hover in-or-around 40% of total take-

up. The importance of US tech multinationals to the

Dublin market was again evident.

HOUSING MARKET

• Dublin’s population is currently expanding by

around 12,500 persons per annum.

• 14,446 new residential dwellings were completed

in Ireland in 2017. Of these, 5,602 were located in

the capital

• It is recognised that in the greater Dublin Area

not enough residential units have been built for

almost a decade. New housing output continues

to fall short of estimated required levels leading to

strong price inflation.

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4

O U T O F T H E T O P 1 0 G L O B A L

S O F T W A R E C O M P A N I E S

O F T H E T O P 1 5 U S T E C H N O L O G Y

C O M P A N I E S

G L O B A L E N T E R P R I S E

S O F T W A R E C O M P A N I E S

O F T H E T O P 5 I T S E R V I C E S C O M P A N I E S

Indeed, will rent two new office buildings

totalling 219,000 sq. ft, stretching

between Sir John Rogerson’s Quay and

the Grand Canal Basin

Facebook is in talks to expand its

presence in Ireland with a further 1,000

jobs in Ballsbridge

Amazon stated in June 2018 it will add

1,000 jobs in Dublin over the next two

years, stemming from its recently

opened 170,000 sq ft building in Dublin 4.

The global firm Salesforce has recently

agreed to rent all 500,000 sq ft of the new

docklands development in Spencer Dock.

The new office could hold as many as

5,000 staff.

In May of 2018 Google acquired Boland’s

Quay development of over 301,300 sq.

ft of office and 46 apartments with cafes

and cultural space. Google have also

taken 7,900 sq m across two lettings in

Sandyford.

Page 23: IRELAND - Savills Glen... · DRUIDS GLEN HOTEL AND GOLF RESORT WICKLOW, IRELAND WOODSTOCK HOUSE A period house located on the first tee of Druids Glen Woodstock House operates as

AGENT

SOLICITOR

TO M BA R R E T T+353 (0)1 618 [email protected]

O R L A O ‘ CO N N E L L +353 1 [email protected]

A A R O N S P R I N G+353 (0)1 618 [email protected]

C L A I R E M O R G A N+353 1 6376200

[email protected]

Savills 33 Molesworth StreetDublin 2 www.savills.ie PSRA Licence No. 002233

Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this document do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst every care has been taken in the preparation of this document intending purchasers, Lessees or any third party should not rely on particulars and information contained therein as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained in this document. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This document is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through them.

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