| (REF: 2294) South Wales 24 En-suite Bedroom Hotel and Restaurant |
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| Seller Reference: |
2294 |
| B4S Reference: |
24695 |
| Asking Price: |
£1,000,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£450,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Pencoed, Bridgend, United Kingdom |
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Preferred Commercial is delighted to offer for sale this popular hotel and restaurant, which was established in 1975 and which has been in our client's careful hands since 2000. The business is only now being placed on the market due to our client's wish to retire. The hotel boasts 24 en-suite letting bedrooms and a large restaurant offering up to 200 covers, which has recently been opened to the public. The business is currently run at a pace to suit our client and generates a turnover in the region of £450,000 per annum. Our client has recently introduced a takeaway service, which has proved popular. A new owner could increase turnover by marketing the business for wedding receptions and parties. There is also ample parking to allow coach parties. We also feel that the room rates are very competitive. There is a quality web site in place offering information about the hotel and its services. A new owner could expand the site further to offer on-line availability and booking facilities. There is separate owners' or staff accommodation comprising of a detached 2-bedroom house. The business benefits from loyal staff and a talented chef. We are advised that planning permission has been granted for the building of 3 large 4-bedroom detached houses on the land to the rear of the hotel. We feel that this represents a unique opportunity to acquire a profitable, 3-star rated hotel and restaurant which offers immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Substantial 24-en-suite bedroom hotel with large restaurant, separate owners' accommodation and spacious grounds, finished to a high modern standard throughout and briefly comprising:
Ground Floor
• Reception area with desks and chairs, computerised booking system and various pieces of office equipment
• Bar area with bar servery and seating for approximately 20 persons
• Ladies & gents WCs
• Residents' lounge
• Dining room for approximately 50 covers
• Very large dining room/restaurant, which could accommodate up to 200 covers, bar servery, PA and sound system, ideally suited for wedding receptions and parties
• Large and well-equipped commercial kitchen with 2 x refrigerators, 2 x freezers, Bain Marie, Lainox convention oven, 4 x microwave ovens, griddle, 2 x gas grills, 6-burner gas hob and stainless steel preparation surfaces
• Beer cellar
• Dry store
• Laundry room
First Floor
• Room 101: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 102: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 103: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 104: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 105: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 106: Single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 107: Single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 108: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 109: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 110: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 111: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 112: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
Second Floor
• Room 114: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 115: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 116: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 117: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 118: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 119: Single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 120: Single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 121: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 122: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 123: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 124: Double with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
• Room 125: Double and single with flat screen TV, Wi-Fi access and en-suite shower, WC and wash basin
Owners' Accommodation
• Self-contained accommodation comprising: 2 x bedrooms, bathroom, kitchen, utility room, lounge, dining room and private garden area
External
• Large car park to front
• Land to rear with planning permission granted for 3 large 4-bedroom detached dwellings
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Location: |
Maerdy Hotel occupies a prominent main road position in the heart of Pencoed in Mid Glamorgan. The substantial premises benefits from much passing traffic and an ideal location just a few minutes' drive from junction 35 of the M4 motorway. Pencoed is a popular town in the Ewenny Valley, approximately half way between Wales's two largest cities, Swansea and Cardiff. The town is surrounded by stunning countryside with the South Wales valleys to the north and the Vale of Glamorgan to the south. The town is a popular place in which to live and work and benefits from its own railway station on the South Wales Main Line, as well as excellent road links. Pencoed lies approximately 4 miles east of Bridgend. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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