7 bedroom pub for sale

Cadwgan Inn, Dyffryn Ardudwy, Gwynedd LL44 2HA

£495,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

Cadwgan Inn is a lovely family owned and operated country inn situated in the beautiful and busy tourist location of Dyffryn Ardudwy on the coast of North Wales. Set in a well presented and detached property, there is a comfortable bar lounge with conservatory dining and outside beer garden to the front and children's play area, serving a vast menu catering for all tastes. There are also seven letting bedrooms which are operated on a bed and breakfast basis, together with two static caravans and three touring caravan pitches run on a self-catering basis. There is also a small apartment for the owners and a function room which can be utilised for meetings and small private events.

The charming village of Dyffryn Ardudwy is sometimes known simply as
''Dyffryn'' lies between Harlech and Barmouth in Gwynedd, North Wales. Dyffryn sits on a narrow coastal strip between the glorious sandy beaches of Cardigan Bay to the west and to the foothills of Snowdonia to the east. It is a fabulous walking country with rolling hills, golden sands and wooded valleys to be explored. The landscape is full of history with the village attracting visitors seeking ancient settlements and historic artefacts, including the ancient burial site and Harlech Castle. Many golfers also frequent the area due to the nationally and internationally-renowned Royal St. Davids which is one of the UK's premier golf courses and is situated just a few miles away.

Cadwgan Inn has been owned and operated by the present owners for around 12 years. They have built up a very successful and profitable business, helped by its immediate location next to a number of busy caravan parks and campsites who's occupants who frequent Cadwgan Inn throughout the season. Although largely a food and beverage-led operation, the letting rooms and more recently the addition of two static caravans, generate a steady income stream contributing to its success. The owners now wish to embark on other business interests, offering this great family-run opportunity to the market.

THE PROPERTY

Cadwgan Inn is set into a detached three storey building of local construction under a slate roof. The property has been extended to the side and to the rear with a number of out buildings located and adjoining the main building.

PUBLIC AREAS

From the main entrance, a door leads into the main bar and restaurant with tables and chairs set for around 60. There is a wood burning stove, timber bar servery with optics and ladies and gents WCs. Leading from the main bar, there is a door through to the function room a multi-purpose room which can be used for private events and meetings with seating for up to 55. The restaurant with tables and chair for around 25 and breakfast room which has seating for around 20-25 guests.

LETTING BEDROOMS

There are 7 letting bedrooms located to the first and second floors comprising of 2 double/twin, 1 double, 1 twin and 3 family rooms. The rooms are pleasantly decorated with coffee and tea making facilities and colour TVs.

OWNERS' ACCOMMODATION

The owners have the benefit of a small apartment with lounge, bedroom and bathroom.

SERVICE AREAS

Situated to the rear of the building is a fully-equipped kitchen with gas (LPG) cooker, a range of stainless steel commercial equipment, fridge, freezer and outdoor beer store. Laundry. Bottle shed. Two offices.

OUTSIDE

Cadwgan Inn is surrounded by well-maintained gardens and lawned areas including an outdoor picnic area with picnic benches and a children's play area with timber climbing frame and slide. To the rear, there are two static caravans and three touring pitches which can be traded on a self-catering basis. Timber outbuilding which has three rooms including a small kitchenette.

SERVICES

Gwynedd Council at Caernarfon (01766) 771000.
Mains electricity, water and drainage. LPG gas.

LICENCE

Premises Licence

WEBSITE

www.cadwganhotel.co.uk

TRADE

The accounts provided by the owners for the year ended 31 March 2014 shows a (net) turnover of 243,431 with a gross profit of 152,429 and an adjusted trading profit in the region of 67,000.

Further trading accounts and information can be made available to any seriously interested parties after viewing.

PRICE

495,000 for the freehold property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.


Energy Performance Certificates (EPCs)

Nearest stations

  • Dyffryn Ardudwy (0.2 mi)
  • Talybont (1.3 mi)
  • Llanbedr (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Dyffryn Ardudwy (0.2 mi)
  • Talybont (1.3 mi)
  • Llanbedr (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 307034. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Colliers International (Hotels), Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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