The positioning, that has preparing approval for the household plan, was previously marketed by Simon Brien estate brokers with a guide cost of £1.35m.

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“I have very long experienced a enthusiasm for previous Irish whiskey models, particularly those from Co. Down, so I've adopted with interest the revival of Matt D’Arcy Irish Whiskey in the last few years.

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“We're fired up to be able to restore the building with the intent for which it was first designed though continuing on our journey to put County Down back on the planet whiskey map.

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An iconic web site about the outskirts of Newtownards, the creating has been purchased by Echlinville Distillery in part of the £five million investment decision - with the assistance of Financial institution of Ireland - which can restore the maltings course of action there for the first time Considering that the 1980s.

“Echlinville’s models are actually extensively sold across Eire, Europe and the rest of the planet. When Shane available to provide Matt D’Arcy’s together The trail to Worldwide recognition, I had been only also joyful to entrust the brand name into his care and I look ahead to viewing click here it develop over the worldwide whiskey stage.

"Together with expanding exports around the world, we also hope to lift awareness of what this Element of Ireland has to offer and bring in more readers to the region with the development of the devoted customer centre."

“Irish whiskey is the world’s swiftest expanding spirits classification and domestically Now we have a long record of high quality whiskey production,” he explained. “The Ards Peninsula has Traditionally been known as amongst the best grain rising regions in Eire, so it’s no coincidence that Ards Maltings was recognized in the northern stop of your Peninsula, malting barley from the surrounding farms and getting to be one of the region’s biggest malting homes.”

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Estate agent stated profits advancement while in the funds inside the six months to June thirty experienced outperformed the countrywide typical, which it mentioned was in part pushed by a "return to reputation of city residing"