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Wales' Finest Medieval Inn For Lease

Ruthin, Denbighshire, UK
Asking Price:
Under £50K
Sales Revenue:
£500K - £1M
Cash Flow:
Available on request

Ty Mawr, or 'The Great House' is a magnificent restored timber framed medieval inn and restaurant situated between Ruthin and Corwen in North Wales.

This business has regularly taken 25 - 28K NET per week with an experienced professional operator.

This is a genuine and unique opportunity.

There is a beautiful first floor restaurant currently seating 98 covers. Maximum (120 covers)

A top of the range catering kitchen including a Rationale Combi, Char Grill, Bain Marie and a large walk in fridge unit.

Three large eating / bar areas, with additional coverage for over 100, two beautiful decking areas externally to the front of the building and a large enclosed area to the rear of the building.

Please view the document section for more photographs.

NEGOTIABLE TERMS. (subject to contract)

Year one rent is £35,000 per annum
Year two rent is £40,000 per annum
Year three rent is £45,000 per annum onwards

A refundable security deposit of £20,000 is required.

We welcome enquires from operators with a proven track record in a similar quality food led venture.

Thanks for your interest.

If interested please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

All viewings are hosted directly by the owner - NO AGENTS.
Negotiable lease terms.

Leasehold Rent:

35,000 year one per annum

Living Accommodation:

No on-site accomodation.

Reasonably priced accommodation available locally, if required.

Location:

On the main road for all tourist traffic visiting Bala and the Snowdonia national park

Premises Details:

Wales' finest, most original historic inn and restaurant.
As featured in the Daily Mail.
Restored in 1999 - 2000 at considerable expense.
Still owned by the owner that restored it.

I have genuinely NEVER seen anything else like it in the UK.

Business Operation

Expansion Potential:

This has the GENUINE potential to be a million pound turnover business.
Think Gastropub, Medieval Banquets, Weddings (Traditional and medieval). Pretty church directly to the rear of the premises.

Competition / Market:

Absolutely none. Ty Mawr is centrally situated between the tourist towns of Llangollen, Bala and Ruthin.

Trading hours:

Closed due to failings of the last lease holder to comply with the terms of the lease.

Years established:
Approx Anno Domini 1091 as the priests house, serving pilgrims visting holy sites in the south

Other Information

Related Documents:
Business closed / Asset sale:
Yes

Contact Seller

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