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Mid Wales Spa Town Hotel with 29 Bedrooms, Restaurant, Bars, Flats, Garden and Car Park for Sale

Llandrindod Wells, Powys
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Mid Wales Spa Town—29 bedroom hotel & restaurant Photo 1
Mid Wales Spa Town—29 bedroom hotel & restaurant Photo 2
Mid Wales Spa Town—29 bedroom hotel & restaurant Photo 3
Mid Wales Spa Town—29 bedroom hotel & restaurant Photo 4
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Mid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurantMid Wales Spa Town—29 bedroom hotel & restaurant
  • Status

    FOR SALE

  • Date Submitted:

    21/03/24

  • Advert ID

    608558

  • Reference

    94496 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £695,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Town Centre location
  • Fully Fitted
  • Prime Location
  • With Car Park
  • Attractive Business
  • Trade Gardens Available
  • Close to Local Amenities

Business Details

Mid Wales Spa Town—29 bedroom hotel & restaurant

29 en suite letting bedrooms
Two separate flats
Two bars. Restaurant (86)
Gardens and car parking
Separate retail unit (let at £5,500 p.a)
T/O £600,000 p.a. net of VAT

The Victorian Spa Town of Llandrindod Wells stands on the of England and Wales in the heart of rural Powys.  It is the largest town in the county with a population of 5,500 and is the headquarters for the Council’s offices.  It has historically attracted many visitors throughout the year visiting the surrounding areas and to take in the local spring waters which are supposed to have medicinal qualities.

At the heart of the town is the imposing property that is the Hampton Hotel, a very attractive Victorian style building of stone construction which despite its age and character is surprisingly not listed.  It is in extremely good condition and offers extensive trade and letting facilities after many years in the same family’s ownership.  It is briefly described as follows:

TRADE AREAS 
The entrance hallway provides access into the two principal trading areas.  There are bar, lounge and restaurant facilities. Immediately off the hallway is a large RECEPTION ROOM with desk utilised for booking in guests.  LOUNGE BAR which has boarded floor throughout with booth style ribbed dralon upholstered fixed seating and part tongue and grooved panelled walls.  Counter from central bar servery having exposed stone and beamed frontage.  The PUBLIC BAR is also found off the entrance hallway and has boarded floor throughout, tongue and grooved panelled walls, feature Victorian fireplace with ornate cast iron back fitting.  Central bar servery with exposed stone frontage. The room having loose and some fixed seating for 25 or so customers with standing space for more with drinking shelves to walls.  There is a traditional GAMES AREA with pool table and darts throw and widescreen TV.  The public bar has its own set of LADIES and GENTLEMEN’S TOILETS.

RESTAURANT “WORTH YOUR SALT”
This has been created in what would at one time have been the hotel’s ballroom.  It has boarded floor throughout, tongue and grooved panelled walls, seating in two styles, loose and booth style for 86 diners, has a counter from central bar servery having exposed stone frontage. Separate COCKTAIL BAR which has future rotunda style servery with coloured glass frontage. ”Worth your Salt” can operate almost independently of the hotel and its bar facilities as it has its own entrance and its own reception area.  This room also has a set of LADIES and GENTLEMEN’S TOILETS.

CATERING KITCHEN, located off the restaurant, superbly presented having been subject to much investment.  As would be required by the dining facilities and the capacity from which the Hampton benefits the kitchen is of good size and arranged in three principal areas.  There is non slip flooring throughout and fully UPVC stainless steel panelled walls.  There is a main catering area which is comprehensively equipped, separate wash-up area and a separate preparation room.  All three rooms are interconnecting.

ON LEVEL BEER CELLAR with delivery access from the rear of the premises off the car park.

LETTING ACCOMMODATION 
At first and second floor are a total of 29 en suite letting bedrooms.  There are six family size room, 18 twin/double and five single rooms.  All are decorated to a high standard and have full bedroom suite, coffee making facilities, television and en suite bathroom or shower room.

OWNERS ACCOMMODATION 
At second floor are two separate flats:

The main flat has DOUBLE BEDROOM which is en suite.  DOMESTIC LOUNGE. It is currently configured to be a two bedroom flat as it incorporates letting bedroom 22.  The ergonomics of the letting accommodation were deliberately created to provide this additional accommodation for owners if required.

The second flat is currently utilised as staff accommodation consisting of DOUBLE BEDROOM, KITCHEN/LIVING AREA and BATHROOM.

EXTERNAL 
To the rear of the property is an enclosed TRADE GARDEN which is 7m x 12m and provides external seating.  It is partially gravelled and partially decked and provides external seating for approximately 50 customers.  Also to the rear is a tarmacadam CAR PARK with space for circa 10 vehicles.

HAIR DRESSING SALON
As part of the main structure of the building is a retail unit with double fronted glazed Victorian style frontage. It has independent access.  It is currently let on a rolling tenancy of 11 years.

ADDITIONAL PROPERTY
Adjacent to the hotel  and under a separate title is an area of ground on which there is a large building which had previously been used for commercial purposes.  This could be incorporated to provide further parking or an even larger outside trade garden.  Whilst it is not included in the sale our client is prepared to consider offers that include the same.

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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.

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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.

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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.

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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.'.

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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.

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