19th Century Mid Wales Hotel in 4.2 Acres with En-suite Rooms, Bar, and Sports Fields
Undisclosed, Powys
- Status
FOR SALE
- Advert ID
611421
- Reference
94168 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Unique Business
- Prime Location
- New Lease
- Free of Tie Leasehold
- Central Position in Affluent Village
- Attractive Business
- Trade Gardens Available
- With Car Park
- Established Business
Business Details
MID WALES – GLORIOUS HOTEL SET IN 4.2 ACRES
Mid Wales glorious hotel/inn set in 4.2 acres
Stone built 19th century property, character bar and restaurant
8 en-suite letting bedrooms, separate function room
2 glamping pods, gardens, car parking and sports fields
Turnover £400,000 per annum
To let on private new free of tie lease
The village of Meifod stands 7 miles north of the market town of Welshpool just on the A495 trunk route in the Vyrnwy Valley, near to the famed lake that bears the same name. The village, and the subject property, stand on the renowned walk, Glyndwr's Way and not too far from Offa’s Dyke path. This makes it a particularly popular destination for those keen on country pursuits and walking these famous trails nearby.
The Kings Head is a very attractive 18th century Georgian hotel, stone built of immense quality and character. After falling into disrepair it was completely refurbished some six years ago with barely any expense spared. These improvements will be evident to all who view. The premises now provide an outstanding bar, restaurant and letting facilities, together with excellent outdoor areas, separate glamping pods and sports fields which accommodate the local football teams and clubs.
The property must be viewed to be fully appreciated.
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Listing Statistics
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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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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.
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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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