Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Coastal Town Pub/hotel In Aberystwyth For Sale

Aberystwyth, Ceredigion, UK
Asking Price:
£450,000
Turnover:
Not applicable
Net Profit:
Not applicable

West Wales Coastal Town Pub/Hotel
Elegant Victorian Property of outstanding character
Open plan feature Bar (60)
9 high quality en suite Letting Bedrooms
Turnover £289,000 net of VAT (50% accommodation)
For sale after 35 years in same owners hands
Retirement Sale

Property Information

Property:

Freehold

Location:

The coastal University town of Aberystwyth stands at the central point of Cardigan Bay on the West/Mid Wales coastline. The town has a population of just over 18,000 but is boosted to 30,000 during University term time when the students are in occupation. Furthermore, due to tourism in the area the summer months see a large influx of holidaymakers.

Whilst Aberystwyth is not the County Town of Ceredigion, it is its biggest settlement, and is the location of the main Council Offices and of Dyfed Powys Police. Therefore beyond the economics of tourism and the University there is a natural level of indigenous commerce. Aberystwyth has a bustling town centre with an extensive hospitality industry, attracted in part by the feature Victorian promenade, sea front and pier. From its upper floors the Castle Hotel has a view of the sea front towards South Beach, and is within a few hundred yards of the town’s harbour and the mouth of the River Ystwyth.

The Castle Hotel is an attractive three storey Victorian property of red brick construction with feature parapet roof line, which has a wealth of period charm including the most original style bars in the town. Surprisingly the property is not Listed. It is an extremely well presented property, well maintained by our clients 37 years of ownership.