Advised turnover of £84,787pa with 59,24% gross profit
Superb seaside town in North Wales
Early viewing highly recommended
4 bedroom living accommodation
Scope for further development
Set in 1.5 acres of grounds
Impressive sea views
Meridian Business Sales are delighted to offer to the market this truly exceptional 17 bedroom hotel. The business was established in 1920 and has been in our clients careful hands since 2004, the building itself dates back to the 1800's. The only reason this great opportunity is being offered to the market is due to our clients desire for retirement. Our clients have invested heavily in new fire alarms and other refurbishments which is a huge advantage to any prospective buyer. We are advised of an annual turnover of £84,787 with good profit margins. The hotel enjoys an excellent reputation and sees repeat custom year on year. This is derived from offering quality accommodation with breakfast and evening meals when required. The hotel is also fully licensed and sells a range of alcoholic and soft drinks. The business is very popular with golfing parties who use the hotel as a base for their trip and return each year. Early viewing is highly recommended to fully appreciate the quality and scope of this tremendous concern.
Caeau Capel is nestled in a truly unique and tranquil setting with magnificent views over the North Wales coastline and mountains beyond. Standing within impressive grounds, the popular hotel which dates back to the late 1800's, has the benefit of 17 en-suite letting rooms (with further accommodation provided including family living quarters), seating area, games room, dining room and bar. Externally the hotel offers ample parking including two detached double garages and delightful private enclosed rear garden with putting green to front elevation, all within walking distance of the coastal path which leads down to the sunny shoreline of Nefyn Bay. Nefyn has local shops, a public house and primary school with the market town of Pwllheli just 7 miles away with a wider range of shops and leisure facilities including golf course and yachting marina.
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