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AWARD WINNING 5 STAR 8 BEDROOM LICENSED BOUTIQUE HOTEL

Price:
Freehold - £965,000
Seller Ref:
2752
Location:

Wales, Aberdovey

Business Type:

Hotels

See Other:
Guest houses for sale in Wales
Bed & breakfasts for sale in Wales
Hotels and motels for sale in Wales
Hotels for sale in Wales
Description:
THE BUSINESS:
AWARD WINNING 5 STAR 8 BEDROOM LICENSED BOUTIQUE HOTEL
Very well appointed and presented property with owners’ self contained 1 bedroom apartment
Main road seafront location in the desirable village of Aberdovey
The second largest commercial property on the seafront
Advised annual turnover of £239,970 net of vat
Potential to re-introduce bar & restaurant
8 en-suite bedrooms, 6 with sea views
Rare opportunity with huge potential
Stunning views of Cardigan Bay
Currently run at pace to suit
Early viewing is highly recommended
FREEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this outstanding well established 8 bedroom boutique hotel. The business dates back many years and has been in the careful hands of our client for the last 8 years. Since taking ownership our clients have totally renovated the property from a tired 2 star 16 bed roomed hotel to the 5 star 8 bed roomed boutique hotel and interiors retail outlet of today. The business is client run and employs three further staff. As you would expect of an Interior Designer the property now has a true sense of place featuring large spacious rooms that take full advantage of the stunning estuary and mountain views. All rooms feature luxurious high quality fixtures and fittings and also benefit from high specification plumbing and electrical systems. This opportunity has arisen due to the clients wish to concentrate on their retail business, and as a consequence of the high levels of investment, specification, continual product improvement and the inclusion of all fixtures and fittings within the sale price the business is ready to go without any need for further investment. The quality of the product is further reflected in its membership of Mr & Mrs Smith, continual inclusion in the Michelin Guides and further benefits from inclusion in both Red Letter Days & Buyagift. Although currently run as a licensed B&B business the building still has the opportunity and facilites to revert to restaurant and bar operations. The ground floor is currently set up as a guest receprion and lounge together with the retail outlet however, all the necessary infrastructure still remains to allow a number of food and bar options, It is worth noting that Aberdyfi can support all year round restaurant trade.
Location Details:
This award winning 5 star boutique hotel is situated in the highly desirable and picturesque village of Aberdovey which is on the north side of the estuary of the River Dyfi in Gwynedd, on the west coast of Wales. Aberdovey is a very popular seaside resort and tourist attraction, with many returning holidaymakers, especially from the metropolitan areas of England, such as London and the West Midlands, which is less than 100 miles to the east. The town is known as the jewel in the crown of the Snowdonia National Park. The village was founded around the harbour and shipbuilding industry, but is now best known as a seaside resort with a high quality 4 mile beach. The town centre is on the river and seafront, around the original harbour, jetty and beach but it stretches back from the coast and up the steep hillside in the midst of typical Welsh coastal scenery of steep green hills and sheep farms. From junction 10a of the M6 you can be in Aberdovey within 2 hours by travelling on the M54 t
Accommodation:
5 storey end of terrace 8 bedroom boutique hotel situated on the sea front of the highly desirable seaside village of Aberdovey, briefly comprising: Basement/Owners’ Accommodation Large double bedroom Lounge with fully fitted kitchen and breakfast bar Bathroom with bath with shower over, toilet and wash basin Large office with 3 x desks Commercial laundry room with 1x 10kg dryer, 1x 15kg washing machine, ironing machine, 2x boilers and 2x hot water tanks GROUND FLOOR Door to entrance hallway Retail outlet room with sales and display shelves and sales counter. Currently retailing contemporary furniture and furnishings. (This has the potential to be converted back to a bar/bistro) Large commercial kitchen with 1x 6 ring commercial gas hob and oven, griddle, toaster, electric oven, work surfaces, double sink, dishwasher, drinks fridge, fitted units, fridges and freezers. Exterior store room for alcohol, bulbs and general storage Reception/lounge with sea
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