Offers considered over £1,900,000
A unique opportunity has arisen to acquire The Tal Y Cafn, a historic coaching inn, which originated as a tin hut dating back to 1438! The current building has been in situ for approximately 200 years and has recently undergone extensive refurbishment and a large extension of the premises, and now boasts extremely high specification of fixtures and furnishings.
The Location
Based in the heart of what is often considered to be the adventure capital of Europe and one of Europe’s most popular National Parks, the Tal Y Cafn is located in a peaceful location just 5 minutes outside the centre of Conwy, proudly sitting overlooking the Conwy River with Snowdonia National Park in the distance – the views are simply breathtaking! With excellent transport links - Just 0.2 miles from Colwyn Bay Train station and close to the main road (A470), both Llandundo and Betws Y Coey are only a 15 minute drive away. The National Trust’s Bodnant Garden is just 2 minutes away, and you will find both Mount Snowdon and Betws-y-Coed’s famous Zip World Adventure Park within 15-20 minutes drive.
The Business
Featuring three luxury bedrooms that all sleep up to 4 guests, including two en suite double rooms plus “The Snowdon Suite” – a fully self-contained apartment, with a fully equipped kitchen, dining area, living room and a private balcony with countryside views, a seating area and a large, luxury hot tub.
The Tal Y Cafn has demonstrated extremely high occupancy rates in it’s rooms, and has a large amount of repeat custom, including in the popular and award-winning Gastropub / Restaurant on the ground floor, which has won of a host of awards over the last 2 years.
A popular stop-off point for both locals and travellers alike, the Tal Y Cafn has something for everything and boasts an enviable reputation. A popular spot also for private events and occasions, including weddings – the premises can cater for up to 350 people – 150 covers inside and an additional 200+ outside. The outdoor area basks in the sunshine in the summer months, and has footings already in place for a large marquee to transform the space in to something unrecognizable!
The Operation
The business is self-sufficient and has a full compliment of employees who look after the day to day running of the business – including a General Manager, Assistant Manager, a number of Supervisors and Head Chef running a larger team of Sous Chefs.
Future Development Opportunities
There is a huge opportunity for further development of the business - Currently sitting within approximately 1 acre, and with 60 car parking spaces, the new owner of this premises has a unique opportunity to purchase (separately) land adjacent to the hotel, that already has planning permission for ten wooden lodges to be built, in what will be a Britain’s first-of-it’s-kind holiday lodge complex. Featuring nine wooden lodges and one “super lodge” – although these plans are open to amendments and the land could be used for glamping pods or another suitable use case.
Summary
Offers over £1,900,000.
- Sold as a freehold premises and business operation – restaurant, bar and accommodation.
- 125 covers inside / 200+ covers outside
- 3 Guestrooms including a fully self-contained apartment with balcony and hot tub
- Situated in the heart of Europe’s Adventure Capital
- Conwy attracts nearly 10 million visitors annually (9.5m in 2022) and generates in excess of £1 billion annually (£1.1b in 2022) *figures taken from visitconwy.org, steam report
- Freehold property, and all assets including fixtures and fittings included in the sale.
- Further development opportunity, with scope to monetize caravan parking on site, extend the car parking area/facilities (including the introduction of electric vehicle charging points) and development of land adjacent to the Tal-Y-Cafn, further information can be provided on request.
