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Established Hotel In Aberporth For Sale

Aberporth, Ceredigion, UK
Freehold Price:
£1,000,000 Inventory / Stock included
Leasehold:
Available on request Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

**Selling due to owning another successful company and being unable to serve this hotel to the best of its ability**

For us, there are no words to describe the beauty and grace of this property.
It has been lovingly restored throughout the past 3 years and continues an annual refresh program.
The hotel consists of 24 bedrooms, 14 in the main house, 3 with balconies overlooking the stunning ocean views and gardens, and 10 Ty Hen rooms, some of which are pet-friendly.

The high ceilings and the intricate cornicing around the ground floor are truly special, as is the large stained glass window that leads up the winding staircase, lit by a beautiful chandelier.

Downstairs, the hotel comprises a large, wood-paneled drawing room that leads into a bright and airy conservatory overlooking the bay, perfect for afternoon teas, meetings, and bistro dining.

The breakfast room and often the function room overlook the sea and the gardens.

And of course, the bar and terrace bar, with a wide selection of drinks to tempt the taste buds after a long day of walking or seeing the plentiful supply on offer.

We have a large kitchen that was installed only 3 years ago, and in this tenure ship, we have housed car clubs, wakes, birthdays, and weddings, as well as hotel guests.

The hotel has just under 30 acres of land.
It is on a long leasehold of over 110 years, and this would be open for purchase.
Approximately 8 acres are freehold and ripe for development, whether that be Yurts or a wedding marquee.

Half way up the drive exists the old leisure center, which needs some loving attention with various plans for a spa or even further accommodation with hot tubs.

A see-to-be believed property.

The owner is selling due to genuine reasons and with a heavy heart.

Please, no time wasters. Serious interest only.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Renewed every 5 years but over 110 year lease - option to purchase this.

Leasehold Rent:

£13,000 per annum

Living Accommodation:

2 Bedroom refurbished flat comes with the hotel.

Location:

Just over half a mile from Aberporth, you can walk the coastal train into Aberporth with a short single-track road to the beach thereafter. Aberporth has a pharmacy, a local shop, a launderette, cafes, a curry house, fish and chips, and Chinese takeout.

Premises Details:

The Hotel sits on its own grounds of just under 30 acres and there are self catering holiday lets to the back of the hotel which you cannot see.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

Huge opportunity to develop a good structured building half way up the long drive to the hotel
Indoor pool works, it just needs a new system.

Competition / Market:

None

Reasons for selling:

Genuine, owners mother is poorly and elderly.

Trading hours:

It is a hotel s0 8am until around 10pm unless there is a party of function or wedding.

Employees:
10-15
Years established:
3

Other Information

Support & training:

a 3 month hand over with the owner and operations manager

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

£350000 over 4/6 years.

Furniture / Fixtures value:
£300,000
Inventory / Stock value:
£5,000 - included in the asking price
Website:
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Leasehold asking price:
£1,000,000 - Inventory / Stock included
Home based:
This business can be run from home.