Conwy Freehouse & Restaurant For Sale

Business description

Superb 17th century Conwy freehouse/restaurant situated in the rural picturesque village of Llangernyw, voted best village in Wales.

Traditional village inn situated in a highly sought after village, home of the oldest living tree in Wales.
Full of character Lounge (circa 23 covers) with open fire; Charming Snug/Dining Area (circa 21 covers).
Bar/Dining Area (circa 30 covers), lovely ambience.
Private Dining Room (circa 15 covers).
Large owners' accom - scope for possible letting bedrooms.
Large car park (circa 40 cars).
Turnover circa £282,000 (incl. VAT) yr end November 2007.
Approx. trade split is 65% food, 35% wet.
Featured in The Good Beer Guide 2008.


A WELL ESTABLISHED BUSINESS IN AN IDYLLIC LOCATION WITH UNDOUBTED FURTHER SCOPE.


ASKING PRICE £549,000 FREEHOLD TO INCLUDE FIXTURES AND FITTINGS, GOODWILL, EXCLUDING S.A.V.


LOCATION
The business is located in the picturesque village of Llangernyw, situated on the A548 between Betws-y-coed and Abergele in the heart of the Conwy Valley, at the edge of the beautiful Snowdonia National Park. Llangernyw is a rural village with great community spirit and has been a winner of the best village in Wales' award. On the outskirts of the village is North Wales' finest museum of rural life, the Sir Henry Jones Museum. The Borough of Conwy is famous for its historic towns, lonely snowdonian ridges, castles, nature reserves, tiny hillside villages, coastal resorts, lakes and rivers. The nearby riverside village of Betws-y-Coed is Wales' most popular inland resort, the bustling seaside resort of Abergele is only 12 miles away and the historic market town of Llanrwst is close by.

This exceptional inn is situated next to St. Digain's church which is the site of an ancient yew tree. The tree is reputed to be over 4,000 years old and the oldest living tree in Wales. This area attracts walkers, day-trippers, holidaymakers, as well as a core local clientele seeking top quality food in superb surroundings.

THE PROPERTY

This 17th Century traditional restaurant/inn is absolutely full of character 'oozing' olde worlde charm. The trading areas are equipped with quality furnishing throughout with exposed beams prevalent and a wonderful intimate atmosphere.



The Lounge (circa 23 covers) has wooden pews, leather armchairs, dark wood tables, a feature stone fireplace with a real open fire and walls adorned with ancient artefacts giving an inviting and intimate atmosphere.

There is access to the recently refitted stone central bar servery.

The Bar/Dining Area (circa 30 covers) has a lovely ambience and features dark wood tables and chairs, part wood clad walls, a piano, a feature fireplace and access to the central bar servery.



The charming Snug/Dining Area (circa 21 covers) is a delightful traditional room with a warm and relaxing atmosphere. Stairs lead down to the recently refurbished Private Dining Room (circa 15 covers) which is also ideal for serving buffets.

Ladies, and Gents W.C's.

There is a waitress station leading through to a large fully equipped Catering Kitchen (appliances not tested) which is only 1 year old and finished to a high specification. There are excellent storage facilities with a private yard, a walk-in fridge, wood store and external freezer store room. There is a ground floor cellar/bottle store/wine store.

OWNER'S ACCOMMODATION

The owner's accommodation is situated on the 1st and 2nd floors. The 1st floor comprises: 3 double bedrooms (1 licensed), W.C., family bathroom, kitchen/dining room, very large living room with feature fire (previously used as 3 letting bedrooms). The 2nd floor comprises: single bedroom/office, large double bedroom with built-in wardrobes and large ensuite bathroom with separate shower cubicle.

EXTERNAL

There is a patio area to the front of the property with timber benches/seating. There is a large car park (circa 40 cars) with a double garage.

TRADING AND LICENSING

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Mon-Thurs 10am to 12 midnight

Fri-Sat 10am to 2am

Sunday 11am to 12midnight

Current opening hours are:

Mon-Sat 12noon to 3pm; 6pm to 11pm

Sunday 12noon to 11pm

Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1 day NCPLH Course every 2 weeks. Please telephone us to reserve your place or browse the training section of this site.

GENERAL REMARKS

The business is offered for sale freehold (although we have not had sight of the title deeds). We are advised that the property benefits from all mains services except mains gas (underground LPG tank - no services seen or tested). Business rates are advised as currently being £5150 per annum.

THE BUSINESS

The current owners purchased the business in 2005 and have totally refurbished the premises. The private dining room has only recently been opened. They have established a solid trading foundation offering high quality food and drinks in superb surroundings, yet there is still plenty of scope for new enthusiastic operators to increase upon the sales. This business has provided them with an enjoyable lifestyle and a lovely place to live. This charming inn is a successful and thriving business, yet still offers immense potential to increase upon the sales simply with embarking upon an intensive marketing and website advertising campaign, the use of the new dining room and the introduction of longer opening hours. New owners could also explore the letting accommodation potential if they wished (subject to any necessary consent). We are advised that accounts for year end November 2007 should declare takings in the region of £282,000 (inclusive of VAT) split circa 65% food / 35% wet.

Accounting information will be made available to interested parties after viewing.