BREAKING: New hotel will be developed on the Clonmel Arms site in Tipperary

New owners have been found and a deal is almost concluded for the sale of the former Clonmel Arms Hotel, which it’s understood will be redeveloped as a hotel.

Safety measures will be put in place on the Sarsfield Street site, which will be controlled and managed by the new owners before its development as a hotel.

It’s understood that the new owners, who are purchasing the building from Dungarvan-based developer Michael Ryan, include a local investor and developer.

Councillor John FitzGerald says that negotiations between the parties have almost reached a conclusion and contracts are being issued for the purchase of the building.

Welcoming the news, Cllr FitzGerald predicted that it would bring vibrancy back into the town centre, and would be the first step “in bringing back the town centre”.

He paid tribute to Declan Pollard, his work colleague in Dougan Fitzgerald Estate Agents, for his role in the deal for the purchase and sale of the site.

Above: Cllr John FitzGerald has welcomed the Clonmel Arms Hotel sale

The Clonmel Arms Hotel closed in November 2005 and the building has fallen into a state of disrepair and dereliction since then.

The building was put up for sale a year and a half ago.

Planning permission for a 114-bedroom hotel on the site was granted almost four years ago.

Dining, bar, conference and function facilities, as well as a basement car park and leisure centre, are included in those plans.

The site straddles O’Connell Street, Sarsfield Street, Quay Street and Blue Anchor Lane in the town centre.

Last month a Section 3 (Dangerous Structures) notice was served on the building by the environment section of Tipperary County Council.