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8 bedroom guest house for sale

Bodfor Terrace, Aberdovey, LL35

£850,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

AWARD WINNING 5 STAR 8 BEDROOM LICENSED BOUTIQUE HOTEL
Very well appointed and presented property with owners' self contained 1 bedroom apartment
Main road seafront location in the desirable village of Aberdovey
The second largest commercial property on the seafront
Awarded certificate of excellence in October 2012
Advised annual turnover of £239,970 net of vat
Potential to re-introduce bar & restaurant
8 en-suite bedrooms, 6 with sea views
Rare opportunity with huge potential
Stunning views of Cardigan Bay
Currently run at pace to suit
Early viewing is highly recommended
FREEHOLD


Location
This award winning 5 star boutique hotel is situated in the highly desirable and picturesque village of Aberdovey which is on the north side of the estuary of the River Dyfi in Gwynedd, on the west coast of Wales. Aberdovey is a very popular seaside resort and tourist attraction, with many returning holidaymakers, especially from the metropolitan areas of England, such as London and the West Midlands, which is less than 100 miles to the east. The town is known as the jewel in the crown of the Snowdonia National Park. The village was founded around the harbour and shipbuilding industry, but is now best known as a seaside resort with a high quality 4 mile beach. The town centre is on the river and seafront, around the original harbour, jetty and beach but it stretches back from the coast and up the steep hillside in the midst of typical Welsh coastal scenery of steep green hills and sheep farms. From junction 10a of the M6 you can be in Aberdovey within 2 hours by travelling on the M54 to Telford, A5 to Shrewsbury, A458 through to Welshpool and then Mallwyd. From there you take the A470 followed by the A489 to Machynlleth and then the A493 brings you along the Dyfi estuary and into Aberdovey.


Business History
Meridian Business Sales are privileged to offer to the market this outstanding well established 8 bedroom boutique hotel. The business dates back many years and has been in the careful hands of our client for the last 8 years. Since taking ownership our clients have totally renovated the property from a tired 2 star 16 bed roomed hotel to the 5 star 8 bed roomed boutique hotel and interiors retail outlet of today. The business is client run and employs three further staff. As you would expect of an Interior Designer the property now has a true sense of place featuring large spacious rooms that take full advantage of the stunning estuary and mountain views. All rooms feature luxurious high quality fixtures and fittings and also benefit from high specification plumbing and electrical systems. This opportunity has arisen due to the clients wish to concentrate on their retail business, and as a consequence of the high levels of investment, specification, continual product improvement and the inclusion of all fixtures and fittings within the sale price the business is ready to go without any need for further investment. The quality of the product is further reflected in its membership of Mr & Mrs Smith, continual inclusion in the Michelin Guides and further benefits from inclusion in both Red Letter Days & Buyagift. Although currently run as a licensed B&B business the building still has the opportunity and facilites to revert to restaurant and bar operations. The ground floor is currently set up as a guest receprion and lounge together with the retail outlet however, all the necessary infrastructure still remains to allow a number of food and bar options, It is worth noting that Aberdyfi can support all year round restaurant trade.


Financial Profile
Turnover: £239,970pa net of vat
Stock approximately: £1,000


Tenure
We are advised freehold


Opening Hours
Trades 9 months of the year (February to October)


Accommodation

5 storey end of terrace 8 bedroom boutique hotel situated on the sea front of the highly desirable seaside village of Aberdovey, briefly comprising:

Basement/Owners’ Accommodation

Large double bedroom

Lounge with fully fitted kitchen and breakfast bar

Bathroom with bath with shower over, toilet and wash basin

Large office with 3 x desks

Commercial laundry room with 1x 10kg dryer, 1x 15kg washing machine, ironing machine, 2x boilers and 2x hot water tanks

GROUND FLOOR

Door to entrance hallway

Retail outlet room with sales and display shelves and sales counter. Currently retailing contemporary furniture and furnishings. (This has the potential to be converted back to a bar/bistro)
Large commercial kitchen with 1x 6 ring commercial gas hob and oven, griddle, toaster, electric oven, work surfaces, double sink, dishwasher, drinks fridge, fitted units, fridges and freezers.

Exterior store room for alcohol, bulbs and general storage

Reception/lounge with sea views (this could be converted back to a 35 seater restaurant)

Guest toilet and wash basin

Scullery for guests own use to make tea/coffee with access to cutlery, plates, microwave, sink and fresh beach towels
FIRST FLOOR

Two store rooms with storage shelves (these could be converted into additional letting rooms)

Pedwar Suite (Sea View)
Large double room with lounge, sink drainer with fitted unit and mini bar, en-suite with Victorian roll top bath, his and hers wash basins, separate walk-in rain shower cubicle

Un Suite (Sea View)
Large double room with lounge, sink drainer with fitted unit and mini bar, en-suite bath, separate rain shower cubicle, toilet and wash basin
SECOND FLOOR

Dau Suite (Sea View)
Large double room with lounge, sink drainer fitted unit and mini bar, en-suite roll top bath, separate shower cubicle, toilet and wash basin

Naw (Sea View)
Large double bedroom with modern four poster bed, en-suite bath with shower over, toilet, wash basin and mini bar
Deg
Small double room with en-suite shower, toilet and wash basin

Hallway with house-keepers storage cupboard
THIRD FLOOR

Mill
Single room with en-suite shower, toilet and wash basin
Cant (Sea View)
Large double room with separate kitchenette comprising sink drainer, fitted unit and mini bar plus en-suite bath with shower over, toilet and wash basin

Tri Suite (Sea View)
Large double room with lounge, sink drainer with fitted unit and mini bar, en-suite roll top bath, separate shower cubicle, toilet and wash basin

Landing Housekeepers storage cupboard

EXTERNAL
Two small rear yards and side access to road

Note: Planning permission in place to convert into two separate hotels if desired.

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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