Georgian Hotel and Restaurant in Cardiganshire For Sale in Cardigan- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is pleased to offer for sale this popular hotel and restaurant, which has been in our client's hands since 2009 and which is only now being placed on the market due to our client's other business interests. The Black Lion Hotel was originally a coaching inn, which was established in 1105 and is probably the oldest coaching inn in Wales. In recent years, the later Georgian premises have been refurbished to a very high standard with modern fixtures and fittings throughout, but still retaining many of its original features. The Black Lion Hotel boasts 13 en-suite letting rooms, along with a large restaurant, bar and function room. The restaurant offers traditional, high quality, home cooked meals with locally sourced produce. The function room is available for any occasion such as wedding receptions, anniversaries and birthdays. There is a quality website in place, which provides information on facilities, location and contact details. A further benefit to this business is the 2-bedroom owners' accommodation. Our clients have gained an excellent reputation and a loyal customer base by offering competitive rates, comfortable accommodation and a welcoming and friendly atmosphere. The business trades all year round and generates a turnover in the region of £270,000 per annum with a gross profit of 62%. We feel that turnover could be increased by expanding the website to include on-line booking. This is an ideal opportunity to acquire a well-presented hotel and restaurant, which is well-equipped and in a walk-in-and-trade condition. Early discussions with Preferred Commercial must come highly recommended.

Property Information

	Property:	Freehold

	Living Accommodation:	No

	Details of Accommodation:	3-storey, Georgian premises with 13 en-suite letting rooms, restaurant, bar, and owners' accommodation. Briefly comprising: Lower Ground Floor • Beer cellar • Large cellar with vaulted ceiling and made up of interconnecting rooms, previously a bar • Gents WC Ground Floor • Entrance to hotel and main bar with wooden flooring, log burning stove and tables and chairs for approximately 40-covers • Lounge and bar with feature fireplace • Dining area with tables and chairs to accommodate 70-covers • Snug lounge with exposed beams and stone walls and feature fireplace • Ladies WC First Floor • Commercial kitchen with safety flooring, extractor system, 6-burner hob and oven, stainless steel preparation areas, dishwasher, griddle, double fryer, grill, microwave oven, Bain Marie and washing up area • Large function room with oak bar, oak furniture, and seating to accommodate 80-covers, bar and kitchen with wash area (licensed for 100 people) • 2 x Family letting rooms with en-suite facilities • 6 x Double letting rooms with en-suite facilities • 2 x Twin letting rooms with en-suite facilities • 3 x Single letting rooms with en-suite facilities • Owners' accommodation with 2 bedrooms, lounge, kitchen and family bathroom External • Beer terrace and smoking area

	Location:	The Black Lion Hotel occupies substantial Georgian premises, ideally located within the popular tourist destination of Cardigan, Ceredigion. The hotel is situated in the centre of the historic market town, set among a parade of shops, businesses and amenities and boasting picturesque views of the surrounding scenery. The business benefits from ample parking in the vicinity and nearby bus stops. The town is centrally placed to enjoy the fabulous heritage coastline of Cardigan Bay, which stretches north into Ceredigion and south into Pembrokeshire, and makes an ideal base for tourists wishing to explore the area. The business boasts easy access to the A-road network and Carmarthan lies approximately 28 miles away.

Other Details

	Is this a home-based business?	Yes
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

All year round

Energy Performance Certificate

View Energy Performance Certicate

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