Riverside village exceptional Hotel/Inn of architectural appeal
Restaurant (40) with Lounge area
Public bar (30)
7 en suite letting bedrooms & family suite
Parking and gardens set in 0.7 of an acre
Turnover £293,000 per annum net of VAT
For sale after 26 years in the same owners' hands
- Asking Price:
- £595,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Location:
-
The well known village of Tintern is located in the heart of the Lower Wye Valley astride the A46 on the banks of the River Wye. It is some 4 miles north of Chepstow and junction 21 of the M48 motorway and 10 miles south of the market town of Monmouth. The village is famous for its 12th Century Cistercian Abbey which was looted by Henry VIII during the Reformation but is still a commanding edifice and a popular tourist destination. Tintern enjoys all the benefit of the glorious Wye Valley and is particularly popular with ramblers, riders, canoeists, cyclists, anglers, golfers, it is convenient for the Celtic Manor Resort) and National Hunt racing with Chepstow Racecourse (home of the Welsh Grand National) only a few miles distant.
The Wye Valley Hotel is a stunning property reputed to date back from 1835, but the majority of the current construction was built in the early 1920s. It is of almost unique crescent shape and due to the date of its construction has a number of influences in its architectural appeal, it being early ‘art deco’ in style, also having many Edwardian features as strong influence from the ‘arts and craft’ movement.
It has been owned by our clients for 21 years and they have now decided to sell due to their desire to retire. Nevertheless, despite their lengthy tenure at the property the premises have been maintained extremely well and indeed over recent years there has been considerable reinvestment in the property with a notable refurbishment taking place in 2019.
