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Snowdonia Dovey 10 Bedroom Riverside Hotel For Sale

Machynlleth, Powys
Asking Price:
£475,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Not applicable

10 Bedroom hotel for sale overlooking the river Dovey in the beautiful Snowdonia national park 4 acres of land with two static caravans lots of potential for experienced couple or family. Large car park a large stable block that can be converted into a bungalow for the family that live on site 2 Double garages & gardens, absolutely stunning views. there are two bars a restaurant, lovely lounge with fire place slate walls and wooden beams. Fishing rights to the river Dovey of about 3/4 of a mile. Large catering kitchen pantry, wash room toilets separate shower room. private 2 bedroom flat with kitchenette lounge and bathroom.

Property information

Property:

Freehold

Living Accommodation:

There is a loft flat with tow double bedrooms one of the bedrooms being very large a small kitchenette bathroom & lounge

Location:

Prime location for central for visiting Snowdon, Cadris idris, plenty of walking cycling off roading country. Set in the beautiful Snowdonia national park on the river Dovey.

Premises Details:

10 bedroom Hotel with restaurant two bars lovely sitting room with slate walls & open fire place. Large garden & field 4 acres in all.

Planning Consent:

There was planning given in the past to turn the stable block into a bungalow for the Owners or family members to live on site.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

There is plenty of scope to improve the business architect drawings available for serious buyers to see The restaurant side could be opened to the public We have been informed that there is always room for a good restaurant. So A husband & wife team one of which is a chef this would be a great place to put a mark on the map for food.There are two caravans one of which we only recently purchased which have not reached there full potential yet as we have only just finished doing electrics sewage etc.There is also a 2 acre field which could be used for touring caravans. Weddings would be a lucrative business here with the stunning views & beautiful surroundings We have fishing rights to the River Dovey of about 3/4 of a mile.

Competition / Market:

.There is a locals pub in the village & a pub on the roundabout which does food. There is another pub which is about 5 miles away.

Reasons for selling:

My partner & I have decided to sell and move back to england to be nearer to ageing family members this was a hard decision to make.

Trading hours:

We open monday to saturday closed on sundays closed over christmas.

Employees:
3 part time staff.
Years established:
This business has been a hotel for about 50 years was remodelled in the 1980s

Other Information

Support & training:

We can show you where everything is & any support the new owners may need to get them going.

Furniture / Fixtures value:
£35,000 - included in the asking price
Website:
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