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Established Hotel & Restaurant In Llandrindod Wells For Sale

Llandrindod Wells, Powys, UK
Freehold Price:
£695,000
Leasehold:
£35,000
Turnover:
Not applicable
Net Profit:
Not applicable

29 en suite letting bedrooms
Two separate flats
Two bars. Restaurant (86)
Gardens and car parking
Separate retail unit (let at £5,500 p.a)
T/O £600,000 p.a. net of VAT

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

OWNERS ACCOMMODATION
At second floor are two separate flats:

The main flat has DOUBLE BEDROOM which is en suite. DOMESTIC LOUNGE. It is currently configured to be a two bedroom flat as it incorporates letting bedroom 22. The ergonomics of the letting accommodation were deliberately created to provide this additional accommodation for owners if required.

The second flat is currently utilised as staff accommodation consisting of DOUBLE BEDROOM, KITCHEN/LIVING AREA and BATHROOM.

Location:

The Victorian spa town of Llandrindod Wells stands on the border of England and Wales in the heart of rural Powys. It is the largest town in the county with a population of 5,500 and is the headquarters for the council’s offices. It has historically attracted many visitors throughout the year to visit the surrounding areas and take in the local spring waters, which are supposed to have medicinal qualities.

At the heart of the town is the imposing property that is the Hampton Hotel, a very attractive Victorian-style building of stone construction that, despite its age and character, is surprisingly not listed. It is in extremely good condition and offers extensive trade and letting facilities after many years in the same family’s ownership.

Other Information

Leasehold asking price:
£35,000