Gunne is seeking is excess of £500,000 for the 23-bedroom Glen Hotel, in the Glen of Aherlow, Co Tipperary, which is for sale by private treaty. The two-star hotel stands on six acres and can cater for up to 350 guests at receptions or weddings.

Meanwhile, Hamilton Osborne King is quoting £5 million for the Aghadoe Heights Hotel, Killarney, after it was withdrawn at auction. The 60-bedroom hotel overlooks Killarney's lakes and mountains.

In Dublin, Bakers bar at 47 Thomas Street, Dublin 8, was withdrawn at auction at £480,000 and is under negotiation with Gunne.