Hotel And Restaurant On Gwynedd Coast For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular hotel, restaurant and bar, which is only now being placed on the market due to our clients' desire to relocate. The business currently trades all year round and generates a turnover in the region of £343,000 per annum with a gross profit of 57%, derived from offering letting accommodation, restaurant and bar services. The business occupies 3-storey premises and has a large bar area with 10-points of dispense, restaurant for approximately 38-covers and 8-guest letting rooms, all of which have en-suite facilities. The premises are well-equipped to suit the trade and are maintained to a high standard throughout, offering modern facilities. The business also offers owners' accommodation. Our clients have developed an excellent reputation and a loyal customer base, which ensures much repeat trade. There is a website in place, which provides information about facilities, location and contact details. Our clients advises us that planning permission has been approved to build 2-storey 3-bedroom accommodation to the side on the premises and further advises us that a funding grant may be available from the Welsh Assembly. This is an ideal opportunity to acquire an established hotel and restaurant, in a popular area, which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

This hotel and restaurant occupies substantial detached premises, situated on a busy coast road in Gwynedd, North Wales. The business boasts stunning views towards the sea and is positioned on the edge of Snowdonia National Park. The business benefits from ample car parking, nearby bus stops and the railway station is within easy reach. The hotel and restaurant is an ideal base for tourists wanting to explore the area with some of the finest historic buildings to visit along with a variety of leisure activities, including golf courses and nature walks.

Premises details:

3-storey bar, restaurant and guest letting premises, situated in a popular tourist destination. All letting rooms have fixtures and fittings to a high standard, digital TVs and tea and coffee facilities. Briefly comprising:

Ground Floor
• Bar with 10-points of dispense and 4-real ale pumps, 3 x double chillers, coffee machine, EPOS system, ample seating and dart board
• Restaurant with tables and chairs for approximately 38-covers
• Ladies and gents WCs
• Commercial kitchen with double stainless steel sink, stainless steel work areas, refrigerator, freezer, 2 x microwaves ovens, 3 x under counter chillers, double fryer, 6-burner hob and oven, griddle, hand wash area, dishwasher, sink unit, stainless steel shelving and walk-in chiller
• Cellar

First Floor
• 6 x double or twin letting rooms with en-suite facilities.
• Family letting room with double bed and 2 x single pull out beds and en-suite facilities..
• Laundry and boiler room

Second Floor
• Double or twin letting room with en-suite bath, WC and wash basin

Owners' accommodation
• Double bedroom
• Office with desk and shelving
• Bathroom with bath, WC and wash basin

External
• Large car park to the side for approximately 18 vehicles

Energy Performance Rating:

D

Business Operation

Trading hours:

Bar:
Mon - Fri: 12.00pm - 11.00pm
Restaurant:
Mon - Fri: 6.00pm - 8.30pm (lunch times in summer)
Letting rooms:
All year round

Other information

Energy Performance Certificate:

• 
• View EPC Graph for this property