Request more information from the seller.
Add to your shortlist.
Print this advert.
Tell a friend about this business.
Back to search results.
(REF: 2452)  8-Letting Room Hotel in Gwynedd
 
Seller Reference: 2452
B4S Reference: 26148
Asking Price: £1,350,000
Net Profit: Undisclosed
Sales Revenue: £80,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Bangor, Down, United Kingdom
Request InformationRequest Finance
Similar business types:
Hotels For Sale in Bangor
  Business Summary   
  Preferred Commercial is delighted to offer for sale this popular hotel, which was established by our clients in 1987 and which is only now offered to the market due to our clients' wish to retire. The business is run at a pace to suit our clients and trades all year round generating a turnover in the region of £80,000 with a gross profit of 91%. We feel the turnover could be further increased by establishing a website advertising their services and facilities with online booking facilities. There is also the opportunity to extend the premises by establishing 6 further letting rooms, subject to the relevant planning permission being granted. Our client offers 8-letting rooms, which are all finished to a high standard throughout, along with a breakfast menu. The business has an excellent reputation and is renowned for its high quality of service. 4 of the letting rooms are currently let out to the local council at £40 per night. The premises boast 3 separate buildings with 8-letting rooms, 1-bedroom owners' accommodation, commercial kitchen, breakfast area and guest lounge. We feel that this is an ideal opportunity to acquire an already popular hotel huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial premises with 3 separate buildings set in 3 acres of land. Briefly comprising:

Main Building
Ground Floor
• Breakfast area with tables and chairs for up to 12 covers
• Bathroom with shower, WC and wash hand basin
• Commercial kitchen with a range of fitted units, 6-burner range and doorway to laundry room
• Laundry room with washer and dryer
• Large lounge with feature fireplace, electric fire, and patio doors to rear garden

First Floor
• Owners' double bedroom with walk in wardrobe
• Bathroom with shower, WC and wash hand basin
• Office that could be double letting room
• Room 9: large family room with double bed and 3 x single beds, table TV and tea and coffee facilities

Self-Contained Building
• Room 1: family room with double bed and 2 x single beds, wardrobe, refrigerator, TV and en-suite bathroom with bath, WC and wash hand basin
• Bathroom with bath, WC and wash hand basin
• Room 2: single bedroom with wash hand basin
• Room 3: single bedroom with wash hand basin
• Room 4: single bedroom with laminate flooring
• Room 5: double bed and single bed with TV, tea and coffee making facilities and en-suite bathroom with shower, WC and wash hand basin
• Room 6: single bedroom with wash hand basin

Second self-contained Building
• Room 7: double bed, single bed, wardrobe, refrigerator, TV and tea and coffee making facilities
• Bathroom with bath, WC and wash hand basin

External
• Extensive lawn area to rear with patio area and large brick built shed
• Parking with spaces for up to 15 vehicles
 
  Location: Swn-Y-Nant Hotel occupies substantial detached premises, ideally located on the A487 junction with the A4087 in Bangor, Gwynedd. The business is surrounded by picturesque countryside and is less than 2 miles from the sea. The premises benefit from ample private parking and are situated on approximately 3 acres of land. The business is located next to a large restaurant and there are a number of bus routes serving the area. Bangor city centre and the railway station are less than 3 miles away and Caernarfon is approximately 5 miles to the south.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  All year round
  Energy Performance Certificate   





Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.