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Established 5-Room Seafront B&B In Aberdyfi, Wales For Sale

Aberdyfi, Gwynedd, UK
Asking Price:
£475,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Under £50K

A brilliantly positioned, well-established B&B with strong repeat bookings in a vibrant seaside village overlooking miles of sandy beach, an active estuary and 1/2 mile from the railway station and a renowned golf course.

The property has 4 floors, with 4 of the 5 en-suite rooms overlooking the sea, the upper floor rooms are larger with those on floors 2 & 3 especially spacious with bay window sitting areas.

A large public car park is immediately opposite the property.

As presently set out there is no owner accommodation on site but there is abundant scope to reconfigure one or more rooms to provide this (it has been both a B&B and a family home previously).

Breakfasts are served individually in each room, prepared in a compact and very effective kitchen.

The B&B has a Visit Wales rating of 4**** and visitor feedback consistently praises the comfort, the views, the breakfast and the location. The B&B attracts many repeat visitors year to year.

This property and business needs to be seen to appreciate it and the scope that it has for further growth.

Property Information

Property:

Freehold

Living Accommodation:

None available as presently configured but it would be possible to sacrifice one or more rooms to enable this. In the early years of the B&B operation the building was a family home as well as having letting rooms.

Location:

Prime seafront location in Aberdyfi, a 'jewel in the Crown' village on the coast of West Wales, overlooking the 4 mile sandy beach and estuary watersports. A large public car park is across the road. Restaurants, pubs, wine bars and shops are within a 5 minute walk.

Premises Details:

Fron Haul is a substantial bay fronted terraced property at the heart of Aberdyfi with a lovely south facing outlook and comprising 5 ensuite rooms with stunning estuary views from four of these. Each of the suites is well equipped and make for high class guest accommodation. The business is currently run on a bed and breakfast basis, however there are further opportunities either to revert the property to family accommodation, by converting one of the large en suite rooms to a kitchen and sitting room, or to re develop the rooms into self-contained apartments if so required. Gas centrally heated and upvc double glazed the accommodation briefly comprises
Entrance lobby,
Bedroom 1 with 2 built-in cupboards housing the water sprinkler system, En-suite shower with w c, wash basin, shower cubicle with electric shower.
Bedroom 2 (rear) with En-suite shower, wash basin, w c, shower cubicle with electric shower.
Boiler room, Door to rear right of way passage, shelving and Worcester boiler.
Stairs to 1st floor half landing with access to cloakroom.
Proprietor’s kitchen with base and wall units, built-in oven and ceramic hob, plumbed for slim line dishwasher, space for 2 under counter fridges.
Bedroom 3 En-suite bathroom, door to rear (not in use), bath, shower cubicle, wash basin, w c.
Bedroom 4 En-suite bathroom with bath, shower cubicle, vanity wash basin, w c.
Bedroom 5 En-suite bathroom bath with shower over, wash basin, w c
All protected by fire alarm and sprinkler system
Aberdovey is well known for its mild climate, sandy beaches and magnificent surrounding countryside. Sailing and all water sports are very popular and Aberdovey Yacht Club is in the centre of the village. For golfing enthusiasts there is Aberdovey Golf Club a championship links course nearby.

Rear pedestrian access

Planning Consent:

None

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

In the last couple of years the owner/manager has chosen to reduce his involvement and opening periods. Furthermore, he now only accepts bookings for 2 nights or more. There is therefore untapped potential to grow the revenue take by offering longer opening periods and one-night stays. Turnover potential for all 5 rooms could amount to £100k with the attendant boost to profits.

Competition / Market:

There are obviously several B&Bs in what is a thriving seaside holiday village but Fron Haul is consistently exceedingly well-rated as a business as well as being praised for its location, its views and its proximity to all the amenities and beach. With the likely increased cost of overseas holidays, 'staycations' in the UK may well become more popular especially for the the conurbations of Manchester and the West Midlands which are within easy reach of Aberdyfi.

Reasons for selling:

The owner/operator is approaching retirement age and wishes to reduce the time spent in running what is a successful business.

Trading hours:

Typical of Welsh coastal resorts the business is seasonal and we choose to close between November and February. There is scope to increase turnover/profit by being open/available in these months too since there is always some demand with few other providers in those months. Hours are essentially 'on demand - 07:00 - 13:00' with other visits as required

Employees:
None
Years established:
15

Other Information

Furniture / Fixtures value:
£15,000 - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home