Main Bar (60) Lounge Bar (50)
Restaurant (70), Boardroom
Two further Trading Rooms (both 100+)
Separate themed Wine Bar (100)
30 well appointed en suite Letting Bedrooms
Space for 8 further e/s Letting Bedrooms (subject to planning)
Superb Trade Garden and Car Park
Turnover £1.11m (net of VAT) : 50% accommodation
Scope to develop catering and functions
- Asking Price:
- £1,950,000
- Turnover:
- £1M - £5M
- Net Profit:
- Not applicable
Property Information
- Property:
-
Freehold
- Location:
-
The market town of Neath stands in the Borough of Neath Port Talbot in the former County of West Glamorgan, just north of the City of Swansea. It stands just a couple of miles from the M4 motorway alongside the M465 Heads of the Valleys trunk route.
The town has a population of some 51,000 and is increasing in popularity due to its convenient location and excellent communications, being within easy motoring distance of not just the City of Swansea but Wales’ capital City of Cardiff. There is easy access to the west of Wales and the county of Pembrokeshire, with the Brecon Beacons National Park to the north.
The Castle Hotel is an historic coaching inn which dates back to the late 19th Century, being renowned as the birthplace of Welsh Rugby Union which was founded in the boardroom in March 1881.
The business has been owned by our clients for approaching seven years and is now being sold due to the demands of their other business interests. During their period of ownership the Castle Hotel has been completely refurbished and is now a highly quality, almost faultless hotel/inn with extensive facilities.
