SY10

NEW FREE OF TIE LEASE

The pleasant village of Llangynog nestles in the picturesque Tanat Valley, astride the B4391 Bala Road close to the eastern border of the Snowdonia National Park as well as the coast. Despite its remote location it is only 15 miles west of Oswestry and the main A5 trunk route. It is a popular tourist location with easy access to the Snowdonia National Park, Lake Vrnwy, and is home to a large number of caravan and camping parks in the close vicinity. Also in the village are two very busy bike parks which operate all year round which bring in additional income to the business.

The New Inn is reputed to date from circa 1751 with the original building being extended many times over the years. The New Inn is an attractive property of stone and block construction with partially colourwashed elevations under predominantly pitched slate tiled roofs. It provides a character three section lounge bar with separate restaurant and breakfast room. It also benefits from ten letting bedrooms that can easily be reconfigured to provide a two bedroom flat and eight letting rooms. Outside seating to the front and rear and its own car park with the added benefit of direct access to the adjacent public car park.

Our clients have operated the business for a number of years and it is currently trading very successfully with turnover slightly below £500,000, including VAT. However, they are nearing retirement and would like to offer an opportunity to enthusiastic operators to continue with this successful business
.