Guest Houses for sale in Gwynedd

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Beautiful 3 bedroom family home complete with 4 self-catering suites forming a successful business.

Gwynedd, Wales

  • Freehold Price: £1,195,000
  • Annual Turnover: £85,000
Seller Reference: PAX0206927335
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX0206927335
Request Details
Business Description
Glan Y Gro is a large home built on the shore of Llyn Tegid (Bala Lake) offering flexible accommodation. Previously operated as a home (2-bed) plus 7 bedroom B&B, the property has recently been re-configured to provide a 3-bedroom (all en-suite) family home plus 4 self-catering suites, all within a unique lakeside location and 4 acres of mostly wooded grounds. The property could be readily taken back to operating as a B&B, or provide a large family home of 10 bedrooms. Alternatively one of the Lakeside Suites could be a 'granny-annexe' as it has separate access at the main level.

The current owners have been operating the business (first as a B&B then as s/c suites) within the VAT threshold, choosing to close down for periods of time as necessary. Now having moved the marketing to Sykes Holiday Cottages, the owners fully expect to achieve the proposed income of £120k plus, given the marketing power and respected position of Sykes as a holiday provider and the uniqueness of the offering here.

With a slip-way of it's own, those wishing to indulge in swimming or water-sports can readily do so. And with 4.5 acres of land, the business could be expanded subject to relevant planning thus enabling even greater earnings potential.

The location is within Snowdonia National Park (A World Dark Sky Reserve) and the lake is also listed as a SSSI and has other international designations highlighting the importance of this beautiful location as somewhere special to take in the very best of nature.
Tenure:
Freehold
Is accommodation included?:
3 ensuite bedrooms across two levels. Open plan kitchen/lounge/dining room with extensive views across the lake. Additional room used as laundry and office.
Number of bedrooms:
3
Location Details:
Unique peaceful LakeSide location on the very shore of Llyn Tegid (Bala Lake) yet only 1.5miles from the convenience of the town.
Is this business home based:
Yes
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