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BUSINESS REFERENCE : 1405 / RightBiz SUPERB FAMILY RUN HOTEL & RESTAURANT - ST. ASAPH | | | | | | First class location in popular North Wales area Turnover £186,571 per annum and very profitable 13 en-suite letting rooms Separate detached 4 bedroom owners' accommodation Well established, well known and highly regarded AA 2 star accreditation Strong levels of repeat business Delightfully presented and appointed throughout Early viewing recommended to fully appreciate FREEHOLD | | | BUSINESS LOCATION: | Undisclosed Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SALE: | Agent Sale | FREEHOLD: | £649,950 PLUS SAV | | | | | | | | | | | BUSINESS DETAILS: | First class location in popular North Wales area
Turnover £186,571 per annum and very profitable
13 en-suite letting rooms
Separate detached 4 bedroom owners' accommodation
Well established, well known and highly regarded
AA 2 star accreditation
Strong levels of repeat business
Delightfully presented and appointed throughout
Early viewing recommended to fully appreciate
FREEHOLD
Location
This bright, friendly hotel is ideally situated, enjoying a first class location just off the main North Wales Expressway (the A55 dual carriageway from Chester to Holyhead) close to the centre of historic St. Asaph (reputed to have the smallest cathedral in the whole of England & Wales) alongside the pretty River Elwy. There are complementary businesses all around including a nearby filling station, unusual country stores, shops of all descriptions & places of interest & of outstanding natural beauty. The coast, offering a wide variety of activities including water sports, clean beaches, stunning views of sea & mountains, is a short drive & the entire area is a haven for tourists visiting this wonderfully scenic region. The cities of Chester, Bangor & Conway as well as the seaside resorts of Llandudno, Prestatyn, Rhyl & Colwyn Bay (to name but a few) are all within easy reach. The hotel is about 20 miles from The Snowdonia National Park which will satisfy the keenest hiker or the casual stroller, rewarding the visitor with countless remarkable & memorable vistas & many social attractions and historic venues. The area enjoys excellent motorway links to Manchester & Liverpool via the M53, the M56 & the M6 giving access to the national motorway system.
Business History
Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded business that was built in 1850 and has been in our clients' careful ownership for the past 7 years. This exceptional hotel is only now being offered to the market owing to our clients' wish to retire. During our clients' stewardship, considerable time and monies have been invested in the property to ensure that this beautiful detached Victorian ex-surgeon's residence, converted to a hotel 60 years ago, is in truly walk-in condition. Extensive refurbishment and redecoration has maintained all of the wonderful character this property has to offer. Boasting 13 letting rooms, all en-suite, this hotel truly deserves the AA 2 star accreditation it has consistently achieved. The restaurant caters for 28 but can extend to 42 and the hotel happily caters for weddings, family celebrations & company presentations in an extremely relaxed atmosphere. Any visitor to The Plas Elwy will be impressed from the outset, starting with the entrance porch leading to the reception area, the superb restaurant & the comfortable lounge bar with exposed beam ceilings & feature fireplace. The courtyard car parks to the front & side lead to the owners' peaceful garden. We feel this is an ideal business venture for those seeking a complete lifestyle change and early viewing is strongly recommended.
Financial Profile
Turnover £186,571 pa, Gross Profit £120,335.
Tenure
We are advised Freehold
Accommodation
Traditional double fronted detached Victorian premises built c1850, with separate owners house and additional lodge. The Plas Elwy Hotel & Restaurant is of white rendered external walls under a blue pitched slate roof with accommodation on 2 storeys. All rooms are double glazed and decorated and furnished to an exceptional standard. Gas central heating is provided throughout. The Property briefly comprises:
LOWER GROUND FLOOR - Beer & bottle cellar
GROUND FLOOR - Entrance porch, reception office, restaurant, lounge bar & coffee bar, fully equipped commercial kitchen, food preparation room, dry store room, laundry & external walk-in freezer.
FIRST FLOOR - 7 letting rooms in the main building (4 doubles, 2 twin & 1 single) All bedrooms are supplied with a remote control TV, direct-dial telephone, clock radio, hair drier, modem point & a hospitality tray with kettle.
THE LODGE - 6 executive rooms (3 family & 3 doubles) in the modern purpose-built lodge adjoining the hotel, all en-suite. All bedrooms are supplied with a remote control TV, direct-dial telephone, clock radio, hair drier, modem point & a hospitality tray with kettle.
OWNERS HOUSE - The owners' accommodation is situated in the purpose-built 2 storey annexe & comprises 3 double bedrooms, a living room, a modern fully fitted kitchen, bathroom with WC, an office & a storeroom. A separate manager's flat comprises a double bedroom, a kitchenette & a shower room with a WC & a wash basin.
EXTERNAL - There is a lovely rear beer garden with a separate owners' garden with mature trees. There is space for about 30 cars to park in the grounds. There are 2 single garages used for storage as well as 3 storage sheds. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1405 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
