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Marine Terrace, Criccieth, Gwynedd, LL52

£540,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

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SECTOR

11 bedroom guest house for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Seaside town of Criccieth
  • Nine letting bedrooms
  • Two bedroom, self-contained owner's accommodation
  • Breakfast room/bar (24)
  • Residents' lounge
  • Close to local attractions
  • SELLER REF 95710

Description

Criccieth is located on the Llyn Peninsula overlooking Tremadog Bay in the County of Gwynedd. This attractive Victorian seaside town is hugely popular with tourists and is renowned for its two beaches, promenade and traditional Welsh charm. Notable points of interest are Criccieth Castle, Black Rock Sands and the North Wales Coast Path. The town is also within easy reach of Snowdonia, Porthmadog and Portmeirion. Criccieth lies on the A497, the main road from Pwllheli to Porthmadog, and the North Wales coast is accessible via the B4411/A487.

This Victorian terraced property is configured over four levels. It has a yellow painted exterior under a pitched slate roof.

Awel Mor is a small, friendly guesthouse which caters for the town's large tourist population. It is hugely popular with walkers due to its close proximity to the Coast Path and Snowdonia National Park. The business sees much repeat trade with occupancy levels in the region of 45% in season. Room tariffs range from £110 per night for a superking with sea view to £75 per night for a standard single (both including breakfast). The business has a 9.6 rating on Booking.com, a 4.9 rating on Trip Advisor and was awarded 'most welcoming guest house' in 2023. Our clients purchased the property in 2019 and it has been subject to much investment since that date with the owner's accommodation and breakfast room/bar being particular areas of focus. The business offers the perfect work/life balance in a desirable seaside location.

Our clients currently operate for 10 months each year which leaves scope for a new owner to increase trade. There is also potential to make the 9th letting room available for bookings. Following a formal viewing, full trade accounts may be made available upon request and with consent from our client.

Website:

Mains electricity, water and drainage are connected. LPG for the kitchen.
Local Authority: Gwynedd Council
Rateable Value: £5,800

A full Premises Licence is held for the sale of alcohol to residents only:
7 days a week, 12:00 - 24:00

FREEHOLD £540,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Energy Performance Certificates

EPC

Brochures

Marine Terrace, Criccieth, Gwynedd, LL52

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Criccieth Station0.2 miles
  • Penychain Station4.3 miles
  • Porthmadog Station4.4 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 95710. 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 Sidney Phillips Limited, North West. 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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