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Popular Hotel, Bar and Restaurant in Conwy

Price:
Freehold - £799,999
Turnover:
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Seller Ref:
2539
Location:

Wales, Conwy, Talybont

Business Type:

Food Service Businesses, Hotels, Pubs

See Other:
Restaurants for sale in Wales
Bars for sale in Wales
Hotels and motels for sale in Wales
Food service businesses for sale in Wales
Pubs for sale in Wales
Hotels for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular hotel, bar and restaurant, which has been in our client's careful hands since 2004 and which is only now being placed on the market due to our client's other business commitments. The hotel boasts 12-letting rooms, all of which have en-suite facilities, and 2 self-contained cottages, each accommodating 6 people. The premises benefits from a large restaurant and bar and there is also a spacious function suite, which is available for a variety of events including receptions, banquets and birthdays. The hotel, restaurant and bar are well maintained and have modern fixtures and fittings throughout. There is a website in place, which provides information on the hotel's facilities, location and contact details, and including an on-line booking service. Our clients have developed an excellent reputation and a loyal customer base by offering comfortable accommodation, good quality food and competitive rates, as well as offering a welcoming and friendly atmosphere, which ensures much repeat trade. Our clients have gained several achievements including the Welsh Tourist Board 'A Taste Of Wales' award and the Welsh Tourist Board 'Welcome Host' award. We are advised that planning permission has been granted to build 7 additional cottages. The hotel currently trades from April to December and generates a turnover in the region of £200,000 per annum with a gross profit of 73%. We feel that turnover could be increased by extending the opening times, introducing a modest marketing campaign to promote the function suite facilities and by perhaps applying for a wedding licence. We feel this represents an ideal opportunity to acquire a profitable business, which is well-equipped and is in a walk-in-and-trade condition, with scope for further growth. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
The Lodge Hotel occupies substantial premises, prominently located on the main road, the B5106, which runs through the rural village of Tal-Y-Bont, Conwy. The business is set in within 4 acres of grounds boasting spectacular views of the surrounding countryside and is positioned on the edge of Snowdonia National Park. The hotel benefits from extensive parking, a nearby bus stop and the railway station is less than 3 miles away. The business is within easy reach of all the major attractions, as well as the natural beauty and heritage of North Wales, which makes it an ideal base for tourists wishing to explore the area. There is easy access to the A-road network, which provides access to Betws-Y-Coed and the popular seaside resorts of Llandudno and Conwy.
Trading Hours:
April - December
Accommodation:
Substantial premises set in 4 acres of grounds, boasting 12 ensuite letting rooms, self-contained cottages and offering extensive parking. Briefly comprising: Ground Floor • Bar area with approximately 20-covers • Restaurant area to accommodate 24 • Function room to accommodate 76-covers • Commercial kitchen • Further kitchen • Cellar • Ladies and gents WC • Office • Room 1: Double • Room 2: Twin • Room 3: Twin • Room 4: King • Room 5: King • Room 6: Twin • Room 7: Twin • Room 8: King • Room 9: King • Room 10: King • Room 11 & 12: Executive suites with en-suite 2 Self-Contained Cottages Each sleeps 6 people • Double • Twin • Lounge • Kitchen • Bathroom • Patio External • Large car park with space for approximately 50 cars • Picnic area • Self-contained storeroom
Business Image
Business Documents:
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