Substantial Detached Hotel with Panoramic Views For Sale - Porthcawl, Mid Glamorgan, United Kingdom

Advert Ref: 5936

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Asking price: £2,000,000

Sales revenue: £999,502

Asking price:
£2,000,000
Sales revenue:
£999,502
Cash flow:
Available on request
Employees:
Run under management with full complement of full and part-time staff


Set in an excellent high profile trading position with panoramic sea view. Run under full management. With origins dating back to around 1840, the property was substantially extended in the 1920 and 1930s with further extensions more recently. The property offers 67 En-Suite Letting Bedrooms, the majority with picturesque coastal views, 2 Residents Lounges, Smugglers Bar & Lounge with sea views, Restaurant (86) with sea views, 5 Function Suites accommodating up to 400 people, Commercial Catering Kitchen & extensive Staff Accommodation. Externally, the property benefits from extensive Car and Coach Parking to all sides. The hotel occupies a prominent trading position at the western end of the Esplanade within the established South Wales coastal town of Porthcawl and commanding extensive sea views over the Bristol Channel and the Glamorgan Heritage Coastline. Porthcawl is renowned as a long established holiday resort on the South Wales coastline being some 24 miles west of Cardiff and 18 miles east of Swansea. The hotel enjoys excellent road communications providing swift access to the M4 motorway (Junction 37), some 5 miles to the north.


Living accommodation:
67 En-Suite Letting Bedrooms Staff Bedrooms, Dining Room, Cloakroom& WC, Changing Area and Bathrooms
Location:
Excellent high profile trading position with panoramic sea view.


Important: Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.