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7 bedroom country house for sale

LL32

£1,850,000

Property Description

Full description

EXCEPTIONAL COUNTRY ESTATE WITH 10 ACRES OF LAND, 6/7 BEDROOM MANOR HOUSE & 9 COTTAGES – ROWEN, CONWY
Option to purchase separately, manor house with 7 acres or the 9 investment properties.
Country estate with 10 properties consisting of:
6 bedroom manor house including two bedroom flat.
Manor house currently runs as a B&B with an income of approximately £50,000pa.
9 rental properties with an income of £60,000pa.
Situated in the desirable Snowdonia National Park.
Advised annual turnover of £105,000 - £110,000
Genuine reason for sale due to retirement.
1 bedroom apartment for long term let.
Superb owners’ accommodation.
4 star rating on Booking.com.
FREEHOLD

Location
This superb business and property is situated in approximately 10 acres of stunning landscaped grounds and gardens in Rowen, a traditional village on the western slopes of Conwy Valley in Conwy, Gwynedd.

Located in the Snowdonia National Park, the property sits at the foot of the mountains and boasts an idyllic setting close to the medieval, walled town of Conwy.

The grounds and gardens have been lovingly landscaped and include ornamental gardens, organic kitchen gardens, medicinal herb gardens, an orchard and a pond. All in all, the location affords a rural and peaceful bolthole and a ‘home from home’ atmosphere with ‘Olde Worlde’ charm.

The Snowdonia National Park attracts many tourists and visitors from all over the world and our clients business is well reputed and ideally located at the gateway to the National Park to take full advantage of this.

Business History
Meridian Business Sales are privileged to offer to the market this truly amazing business and property. The main Manor House is something to behold standing proud and presented superbly throughout.

In addition to the main house, there are 9 cottages and approximately 10 acres of stunning grounds and gardens.

Our client provides bed and breakfast accommodation in 4 letting rooms, one of which is a two bedroom suite; long term lets in 9 of the cottages and a long term let in a second floor apartment in the main house.

The culmination of this being an annual turnover of circa £105,000 - £110,000.

Our client acquired the property in 1987 and spent 7 years refurbishing and converting areas of the property to establish what has now become a successful business.

Not only does this property offer an established and profitable business opportunity, it also affords the owner a superb lifestyle.

The building itself dates back to 1850 and is an extension to a much smaller original building. The property boasts an interesting history and it is reputed that Edward VII (Bertie) had liaisons with Lily Langtree at the manor, and it is from those liaisons, that our clients named the suite in the manor as the Lilly Langtry Suite.

Our client is only now offering the business to the market due to his desire to take very well deserved retirement. Since the business was established he has run the business at a pace that suits his lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business.

Our client has invested a large amount of time and money into the business and property to the point where it is in full walk-in condition and has gained a superb 4 star rating on Booking.com derived from positive client reviews.

This is an exceptional opportunity to purchase an established business in a magnificent property. As such, early viewing is strongly advised as businesses of this calibre rarely come on to the market and we expect strong interest.


Financial Profile
Turnover: £105,000pa - £110,000pa
Gross Profit: 80%
Stock Approximately: £1,000
Antique Furnishings Approximately: £20,000

Tenure
We are advised freehold

Opening Hours
Trades all year round

Website
www.snowdoniaholidays.co.uk

Main House Accommodation Summary
Imposing, detached manor house of stone and slate construction, benefiting from double glazing, oil central heating and insulation throughout, briefly comprising:


Ground Floor
Owners’ accommodation with:
Lounge
Kitchen
5 ancillary areas office/store rooms

Guest accommodation with:
Lounge

Dining room with 9 covers

Bathroom

First Floor
Owners’ accommodation with:
2x double bedrooms (one with en-suite)

Guest accommodation with:
4 rooms (one being a two bedroom suite)

Second Floor
Long term let apartment

Grounds
Approximately 10 acres

9 cottages

Landscaped grounds and gardens

Stunning views

Ample parking

Ornamental garden

Orchard

Vegetable garden

Medicinal garden

Pond with ducks & geese

River borders

Guest Rooms:
All guest rooms are superbly presented and decorated in keeping with the house and have hospitality trays, WiFi access and TV.

Superior double
• Views of the ornamental grounds and gardens
• Small sitting area and full size bathroom

Superior triple
• Large bedroom with double and single bed
• Dual aspect, lovely views with en-suite shower

Superior four poster
• Victorian Welsh Oak 4 poster bed
• Spacious room with en-suite shower

Lilly Langtry two room suite
• Spacious adjoining lounge
• En-suite shower
• Lovely views of the grounds and gardens

Cottages and long term lets (all with EPC certificates):
1 bedroom cottage (£4,600pa)

1 bedroom cottage (£4,600pa)

2 bedroom cottage (£5,600pa)

2 bedroom cottage (£5,600pa)

2 bedroom cottage (£6,250pa)

2 bedroom cottage (£6,250pa)

3 bedroom cottage (£7,000pa)

3 bedroom cottage (£7,500pa)

The Bungalow – currently under conversion (estimated rent
£7,500pa)

1 bedroom apartment in main house (£4,440pa)

Total income - £59,340pa


Listing History

Added on Rightmove:
11 May 2015

Map & Street View

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