Award Winning, Freehold, Full Service Period Hotel & Restaurant A richly furnished 18th century building that has been extensively renovated to a very high standard
Ref. AC350
Location Gwynedd, North Wales
Asking Price £2,700,000
Business Profile
This is a rare opportunity to acquire a truly stunning freehold hotel that has been comprehensively refurbished yet maintains the unique character and individuality of a period 18th century property. The hotel continues to grow, both in terms of sales and profitability. Centrally located on the green of this idyllic seaside town the hotel is the ideal base for touring the Llyn peninsula and Snowdonia National Park. With stunning views of the mountains, the coast and castles the hotel is the perfect base and retreat for visitors of all ages. The hotel has its own busy lounge bar, a snug and restaurant as is located in the centre of the town, with access to the Cambrian Coast Railway.
This business, a family run hotel, has been sympathetically restored and refurbished to an excellent standard with no expense spared. The current owners have invested a significant amount on this project over recent years and this hard work is reflected in the ongoing growth pattern and impressive profit margins the hotel generates. The ethos is simple, to provide a traditional and relaxed style, friendly service and extensive hospitality. The close knit team of staff maintains the intimacy, attention to detail and extended family atmosphere for which the hotel is renowned. This commitment to the business is illustrated through the extensive awards and accreditations the hotel has achieved (including TripAdvisor’s Certificate of Excellence, Visit Wales/Britain).
The hotel comprises 46 individual and refurbished rooms of all sizes with en-suite facilities. Rooms range from antique furnished twins to contemporary suites with adjoining rooms for families. All rooms have flat screen TVs with Freeview, telephone, hairdryer and hospitality trays, There is also a public bar, lounge, full restaurant and kitchens as well as large car park, which could be developed further should a new owner so wish.
The sale of the business includes the freehold property furniture, fixtures and fittings together with decorations throughout the hotel.
All of the equipment in the commercial kitchen, fully equipped bar, fine dining restaurant, and fully networked office systems (including recent investment in a new computerised booking system and online interactive website that is affiliated to the major online booking platforms such as Expedia and Bookings.com) is included in the sale.
The hotel is being offered for sale on a freehold basis. However the vendor “may” consider leasing the hotel, subject to negotiation.
Customer Service:
Friendly, personal service has been the key to the success of this business to date. The owners offer a warm welcome to all of their guests, many of whom return time and time again. The hotel is very family orientated and clients include tourists, activity guests, wedding guests, golfers, corporate clients, and specialist interest groups who are drawn to the area.
