18 BEDROOM HOTEL WITH WEDDING AND CONFERENCE FACILITIES
Price:
Freehold - £850,000
Location:
Wales, Rhayader
Business Type:
Hotels, Service Businesses
18 BEDROOM HOTEL WITH WEDDING AND CONFERENCE FACILITIES
Restaurant (40), bar (36), lounge, 4 conference rooms
Granite built detached property from circa 1873
Oak-beamed barn used for storage and workshop
Set in approx. ½ acre with large car park
2 self-contained accommodation units
Mixed commercial and leisure trade
Early viewing highly recommended
18 en-suite letting bedrooms
Annual turnover £360,000
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this currently 18 bedroomed hotel which has been established for over 25 years and in the careful hands of our clients for the previous 7 years. The only reason this superb opportunity is offered to the market, is due to our clients desire to concentrate on other business interests. Since our clients took ownership they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that the annual turnover runs at £360,000 with good gross profit margins. The hotel attracts predominantly short break, dinner, bed and breakfast, non-residential restaurant serving local produce a-la-carte meals, commercial and small conferencing and wedding reception and civil ceremony trade. There is a huge amount of scope for a new owner operator to expand and utilise these facilities to there full potential, by under going renovation and expansion on some of the rooms within the hotel which are currently not in use. This is a superb opportunity purchase a premium business with massive scope for onward development and as such early viewing is highly recommended.
Brynafon Hotel is situated in Mid Wales near the beautiful Elan Valley and reservoirs approximately half a mile from the centre of the market town of Rhayader. A variety of outdoor pursuits can be enjoyed locally to include clay shooting, pony treking, walking, fishing on the River Wye and nearby lakes. The hotel is also next door to Gigrin Farm which is the famous Red Kite Feeding Station, a bird watcher’s paradise. This is an excellent base for touring mid wales. The hotel is set beside the A470 road on the South side of Rhayader, which links the Brecon Beacon National Park £30 miles) Elan Valley and Cambrian Mountains (3 miles) and Snowdonia National Park (50 miles). There are train stations at Llandrindod Wells (9 miles) Caersws (20 miles). The nearest airport is Cardiff (90 minutes).
Bar
Monday: 12:00pm - 11:00pm
Tuesday: 12:00pm - 11:00pm
Wednesday: 12:00pm - 11:00pm
Thursday
The Property
A substantial detached property which we understand was a former Victorian Workhouse built circa 1873. The 2 storey property is constructed of granite with 2 storey and single storey wings and outbuildings.
INTERNAL DETAILS
Secure entrance to hallway with reception/welcoming desk. Conference Room A (25 boardroom style). Tycerring Room (17 boardroom style), Wye Room (14 boardroom style) Mews (6 boardroom style). Guest lounge. Bar (36). Restaurant (45). Fully equipped catering kitchen and various ancillary storerooms. Ladies and gents toilet facilities.
LETTING ACCOMMODATION
There are currently 18 en-suite letting bedrooms arranged as follows: 2 deluxe rooms 5 twin bedded rooms 1 twin/double room / 2 family rooms 7 double rooms 1 single room - Total accommodation 39 persons (additional double bedroom at renovation stage).
OWNER AND STAFF ACCOMMODATION
Staff accommodation - Self-contained cottage comprising of lounge, kitchen, bathroom, study and bedroom.
Owner
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|