Investments:After being built up over the last 11 years, the Powerscourt Springs Health Farm at Enniskerry, Co Wicklow is now on the market
One of Ireland's best known health farms - Powerscourt Springs Health Farm at Enniskerry, Co Wicklow - is for sale by tender on October 24th.
Paul Collins of CB Richard Ellis is guiding €12 million for the facility which is on a 42-acre farm in one of the most stunning locations in Co Wicklow.
Powerscourt Springs was the first of its kind in Ireland, having been set up 11 years ago. It has become particularly well known over the years because of its strong branding and its wide reputation.
The owners have built up a thriving business which has been greatly helped by a loyal client base. Collins says the "operation is highly efficient and generates excellent profits".
The facility offers not only an idyllic setting - it is overlooked by the Sugar Loaf mountain - but state-of-the-art facilities and an extensive range of treatments, programmes and activities.
The health farm is just outside Enniskerry village, around 30kms from Dublin city centre. It is easily accessible by road being only a few minutes drive from the N11. It is also within an hour's drive of Dublin Airport via the M50. The farm is along the main road leading to Powerscourt Waterfall.
The agent estimates that there are over one million people living within one hour's drive, most of them in the densely populated suburban centres in south Dublin, as well as Bray and Greystones. The health centre began trading in 1996 and over time has grown from 11 bedrooms and eight treatment rooms to 18 en suite bedrooms, 25 treatment rooms, full leisure facilities and a range of ancillary lounges, relaxation areas and a restaurant. The health farm facilities now extend to 1,710sq m (18,405sq ft). In addition, there are extensive outbuildings of a further 786sq m (8,460sq ft).
The property includes a beautifully landscaped courtyard area, known as the Sensory Garden, which is tastefully designed to promote an atmosphere of relaxation and well being. There are endless walks through the farm, some of them along the frontage of the Dargle river.
Paul Collins says that there is obvious potential to further develop the business and increase the number of bedrooms and treatment rooms. This could be achieved by converting and extending the outbuildings.
