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Freehold Family Run Hotel, Bar & Restaurant
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $362481
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training The current owners will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new owners.
Reason for Sale Family/health reasons
Description Freehold Family Run Hotel, Bar & Restaurant
Set within 7 acres of land with stunning scenery
Ref.AC333
Location Gwynedd, North Wales
Asking Price œ 875,000
This is a most exciting opportunity to acquire an impressive established family run hotel and restaurant, a combination of an extensive attractive property nestled in approximately seven acres of private grounds, surrounded by the spectacular scenery of the Snowdonia National Park.
Since taking over the business some 5 years ago the vendors have undertaken an extensive modernisation programme, which has greatly enhanced the property and created an even more welcoming ambiance for visitors to the hotel and restaurant.The recent update of the premises has included the refurbishment of six of the eight guest bathrooms and upgrading of all the bedrooms within the hotel.
The hotel is situated in a perfect location for the exploration of the Cambrian Coast, the Llyn Peninsula and the Snowdonia National Park.Visitors arriving cannot fail to be impressed by the views that this location has to offer, including stunning views across the Vale of Glaslyn to some of the highest mountains in England and Wales,including Mount Snowdon.
The excellent 42 cover restaurant has developed a sterling reputation over the years, and the current vendors have worked tirelessly to build on this good name.The chef has been with the business for some 12 years and is a real asset to the business. The restaurant, which has a solid multi fuel stove, stone walls and beams to the ceiling is beautifully presented and is a joy to dine in.
The letting accommodation is on the first floor/single story extension and comprises 8 well presented rooms all with en suite facilities to include TV, tea and coffee making facilities.Many of the rooms look out to the panoramic views at the front of the property.
The owner's private 3 bed living accommodation is adjacent to the hotel, with one of the bedrooms currently being used as an office.
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