- CBRE has completed the sale of The 1852 Hotel and Town Square Bar in Belfast to Fahrenheit 7
- The 21-bedroom property in Queen’s Quarter includes a bar and restaurant
- The property holds planning permission for 5 additional rooms
- The Ringland Group sold the property for an undisclosed sum listed over €3.3m
- The existing management team remains in place under the new ownership
CBRE has completed the sale of The 1852 Hotel and Town Square Bar on Botanic Avenue in Belfast’s Queen’s Quarter to Fahrenheit 7 Ltd, led by Conor Wylie, for an undisclosed sum listed over €3.3m. The 21-bedroom property accommodates up to 68 guests and includes a bar and restaurant. The building dates from 1852 and previously operated under the Ringland Group.
The property holds planning permission for 5 additional rear bedrooms. General manager Andrew McWhirter and the existing management and staff remain in place. The Ringland Group is reinvesting proceeds into its upcoming €15.7m Bottleworks hotel project on Callender Street.
CBRE acted as broker in the transaction. The sale covers the hotel and Town Square Bar. The existing operational team continues under Fahrenheit 7 ownership.
