FOR SALE
06/03/24
607859
94700 / Rightbiz
Mid Wales Boutique Hotel
Six/Seven high quality letting bedrooms
Lounge & Restaurant
Excellent catering facilities
T/O £165,000 p.a. net of VAT
Favourable free of tie private lease
The market town of Llanidloes stands in the Upper Severn Valley in reservoir country between the mountain ranges of Snowdonia and the Cambrians. It can be found just off the A470 trans Wales trunk route. The area attracts many visitors throughout the year particularly those attracted to country pursuits with renowned Glyndwr Way which in conjunction with Offa’s Dyke Path forms a 116 mile circular route around Mid Wales. It is the first town standing on the River Severn and just to the north is the Clywedog Reservoir.
The town itself is a bustling community with a population of just over 3000. It is a Medieval settlement with an interesting main square and a market hall which the subject property, the Unicorn Hotel, stands opposite. It is an historic property which is Grade II listed and which stands in a run of character buildings of Georgian style. Although the Unicorn does have a Victorian glazed double fronted entrance to one side, it was historically a coaching inn as can be seen by the arch to the property’s right. Some four years ago it was subject to a major investment resulting in its conversion into the quite outstanding boutique hotel which is now offered for sale.
In addition to its character lounge and restaurant there are six/seven high quality letting bedrooms, two of which are suites and the reference to the seventh bedroom is because the owners separate and independent apartment has been utilised for commercial purposes over the last couple of years.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'MID WALES BOUTIQUE HOTEL - 94700 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.