Bed & Breakfasts for sale in Powys

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Imran Ahmed (Nov 2014)
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Freehold Price: £699,950 Price Reduced Annual Turnover: £145,288 Annual Gross Profit: £95,319
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established business in Llangammarch Wells, Powys. The Cammarch was established in the 1800s and has been in our client`s careful ownership since 2008. Only now is the business being offered to the market due

to our client`s desire to retire.

The business is open all year round for guest accommodation, although recently, due to the closure of the local public house, the Cammarch has opened its bar to locals on limited hours, substantially increasing its  turnover, which is in the region of £145,288 per annum, with a reported gross profit of approximately 65%.

The turnover is generated by offering 12 en-suite guest rooms on a bed and breakfast basis, as well as offering evening meals to guests and opening the bar in the evening to guests and local residents. The Cammarch is accredited 4 star AA rated guest accommodation, as well as having a 5 star food hygiene rating. The business has an excellent reputation with guests for the high quality service, excellent accommodation and delicious cuisine, which has resulted in a loyal client base, with a lot of repeat trade and word of mouth referrals.

The property was refurbished to a very high standard in 2013. We feel there is scope to increase the turnover by promoting the bar to the wider general public, extending the opening hours and opening the restaurant to non-residents and targeting the Sunday lunch market. Other opportunities include obtaining a wedding license and capitalising on the close proximity of 3 award winning golf clubs, which would further increase the turnover and extend the trading year.

The business has an excellent website in place to advertise the business and the services offered. This is an excellent opportunity for a new owner to take this already thriving and exciting business to the next level; therefore early viewing must come high.

LOCATION
The Cammarch Hotel occupies substantial four storey premises in a prominent trading location within the village of Llangammarch Wells, Powys. The premises benefits from good parking facilities to the side of the property with overflow parking across the road with 3 garages, which are currently used for storage.  Llangammarch Wells is surrounded by beautiful rolling countryside within the boundaries of Brecknockshire, Mid Wales. The Cammarch owns 4 miles of fishing rights on the River Irfon and a license to fish a mile on the River Cammarch.

The area is very popular with tourists, walkers, golfers, cyclists, rallies and fishing parties, and its central position makes it an ideal base from which to explore the stunning Welsh countryside.  Close to Builth Wells with its Royal Welsh Showground, the Cammarch provides accommodation for visitors to its many shows throughout the year. The area is served by the public transport system including bus and railway, the village has its own station. The area is also well served by the A-roads, with the A483 being just a short drive away, which links to the vast A-road and motorway networks. Llandrindod Wells is approximately 15½ miles away and Brecon is 18 miles away.

PREMISES
Imposing four-storey premises, briefly comprising:

Basement with:

Cellar with cooler and two store rooms.

2nd cellar with spring water well.

Ground floor:

Porch entrance.

Large hallway with stone flooring and reception desk/office area.

Bar area comprising 3 rooms and a conservatory dining area for 27 x covers:

Wooden bar with six points of dispense.

Optics display.

Wooden and carpeted flooring.

Feature fireplace with electric fire.

Games room with pool table, dart board and quoits

Ladies and gents WC.

Utility room.

Restaurant area with:

28 x covers.

Feature fireplace with wood burner.

Guest lounge area with patio door to raised deck seating area.

Kitchen with:

Fitted wall and base units.

2 x microwave ovens.

6 x burner range.

3 x deep fat fryers.

Griddle.

Double stainless steel refrigerator.

Stainless steel freezer.

First floor:

Owner’s Bedroom: Double bedroom with fitted wardrobes and carpeted flooring with en-suite bath, shower, WC and wash hand basin

Laundry room with commercial washing machine, dryer and Phaff ironing machine

Staff WC.

Drying Room: racked for guests to hang wet clothes also houses the central heating programmers and hot water cylinder

Room 1: Double/twin room with carpeted flooring with en-suite shower, WC and wash hand basin.

Room 2: Twin/double room with en-suite with shower, WC and wash hand basin.

Room 3: Double/twin room with en-suite with shower, WC and wash hand basin. Feature fire place.

Room 4: Double/twin bedroom with Victorian roll top Bath, WC and wash hand basin

Second Floor:

Room 5: Family suite consisting of two adjoining bedrooms with double bed and twin beds with en-suite shower, WC and wash hand basin. Feature fire place.

Room 6: Family suite consisting of two adjoining bedrooms with double bed and twin beds with shared separate en-suite with shower, WC and wash hand basin.

Room 7: Double/twin room with en-suite bath, shower, WC and wash hand basin. Feature fire place.

Room 8: Double room with en-suite shower, WC and wash hand basin.

Landing:

2 x Store cupboards.

1 x Linen cupboard.

Third floor:

Room 9: Double/Twin room with en-suite shower, WC and wash hand basin.

Room 10: Double/Twin room with en-suite shower, WC and wash hand basin.

Room 11: Double/twin room with en-suite shower, WC and wash hand basin.

Room 12: Double/twin room with en-suite shower, WC and wash hand basin.

Landing:

2 x Store cupboards.

Garden:

Over 1 acre of landscaped gardens to the rear of the property incorporating a small lake and large kitchen garden area.  

2x patio areas with seating for 26 people.

Seating at front of hotel for 16 people.

In addition there is an adjoining paddock of over 1 acre.

TENURE
We are advised Freehold.

HOURS
The Business is open all year round.

Bar open:

Monday - Friday: 7.00pm - 12.00am
Saturday - Sunday: 12.00pm - 12.00am

STAFF
The business is owner run and managed with 2 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £145,288 per annum, with a reported gross profit of approximately 65%.



Tenure: Freehold

Listed by: Hilton Smythe
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