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Castle Street, Caernarfon, Gwynedd, LL55

£450,000

£155.12 per sq ft

Business rates & charges may apply

Dafydd Hardy Commercial, Gwynedd
SIZE AVAILABLE

2,901 sq ft

270 sq m

SECTOR

5 bedroom hotel for sale

Key features

  • Appealing Grade II Listed Property/Premises
  • 38 Guest Bunkhouse Accommodation
  • Café, Cellar Bar & Formal Reception Area
  • Completely Renovated To A High Standard In 2016
  • Tastefully Appointed Throughout & Well Presented
  • Mains Gas Fired Central Heating Throughout
  • A Superb & Thriving Investment Opportunity
  • Located Within The Historic Castle Walls

Description

• Appealing Grade II Listed Property/Premises • 38 Guest Bunkhouse Accommodation • Café, Cellar Bar & Formal Reception Area • Completely Renovated To A High Standard In 2016 • Tastefully Appointed Throughout & Well Presented • Mains Gas Fired Central Heating Throughout • A Superb & Thriving Investment Opportunity • Located Within The Historic Castle Walls

Now this would make a fine investment for sure, being situated in the heart of the historic walled castle town of Caernarfon and just yards from the imposing 13th century castle and the scenic harbour and waterfront.

Ty Glyndwr is a handsome 4 Storey (plus Cellar) Grade II Listed Building which forms part of a block of houses and shops at the junction of the High Street and Castle Street. The property is listed for its simple late Georgian character and for its contribution to the historic integrity of the walled town. The property/premises was completely renovated from top to bottom in 2016 to a most satisfactory standard which also involved re-instating the cellar into a useable space thereby creating two distinct businesses within the same building. What we have essentially is a ground floor café and licensed bar to the cellar area (including wine cellar) plus a separate reception area and three floors of holiday/bunkhouse style accommodation (please consult the floorplan for a simplistic overview).

The café enjoys a relaxed ambience with client toilet facilities whilst the bar to the cellar definitely exudes a certain appeal with is décor, bar area and wood burning stove. Access to the bunkhouse accommodation is via a simple turnkey setup whilst the rooms are basic yet functional with fitted bunkbeds and associated facilities. The first and second floors offer two rooms apiece together with modern toilet and shower facilities whilst on the third floor is a large family suite providing a sizeable bedroom and superb lounge (with a glimpse of the sea!). The general setup allows for competitive pricing for basic overnight accommodation. The building in its entirety can sleep up to 38 individuals. The premises as a whole is served by a gas central heating.

Castle Street as its name implies is located just yards from the castle in a part of the town which undoubtedly offers much interest with fascinating architecture and narrow side streets. In this part of town you’ll find an eclectic range of independent retailers and numerous cafés, bistro bars and restaurants. Just a short stroll is the main town square and a good range of high street shops too, not the mention the main focal point of the 13th century castle plus the scenic harbour and marina. The town also offers an excellent road network allowing the area's natural beauty spots to be reached with ease such as the mountains of the Eryri/Snowdonia National Park and the nearby coastline with its numerous coves and fine sandy beaches.

Accommodation

The premises provide the following approximate dimensions:-

Basement

Bar

48.80 m2 / 525.24 ft2

Snug

8.75 m2 / 94.13 ft2

Wine Cellar

8.00 m2 / 86.07 ft2

Ground Floor

Reception Hall

15.76 m2 / 169.65 ft2

Cafe

23.84 m2 / 256.59 ft2

Wc

3.36 m2 / 36.17 ft2

Wc

1.66 m2 / 17.87 ft2

First Floor

Bedroom 1

15.37 m2 / 165.43 ft2

Bedroom 2

6.38 m2 / 68.62 ft2

Linen/Utility Room

5.93 m2 / 63.81 ft2

Shower Room

1.89 m2 / 20.32 ft2

Shower

1.58 m2 / 16.96 ft2

Wc

1.45 m2 / 15.56 ft2

Second Floor

Wc

1.44 m2 / 15.48 ft2

Bedroom 3

15.59 m2 / 167.81 ft2

Bedroom 4

15.92 m2 / 171.36 ft2

Shower Room

1.77 m2 / 19.02 ft2

Wc

1.34 m2 / 14.43 ft2

Third Floor

Bedroom 5

19.69 m2 / 211.98 ft2

Shower

2.13 m2 / 22.88 ft2

Living Room

24.96 m2 / 268.62 ft2

Rates

We understand from our enquiries of the VOA website that the commercial premises are assessed for Rates as follows: - Rateable Value (April 2023 - present) £___TBC___ Rateable Value (from April 2026) £___TBC___ Dafydd Hardy gives no warranty that the values supplied or the sums of money expressed as being payable are accurate and the assignee should make their own enquires with the Local Rating Authority to confirm the figures quoted are correct.

Tenure

Freehold.

Legal Cost/VAT

Each party will be responsible for their own legal costs incurred in this transaction. Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.

Money Laundering Regulations

We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.

Contact

Commercial Department Tel: / Email:

Disclaimer

Dafydd Hardy Estate Agents Limited for themselves and for the vendor of this property whose agents they are to give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars are made without responsibility on the part of Dafydd Hardy Estate Agents Limited. (3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact. (4) Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither do Dafydd Hardy Estate Agents Limited nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property. (6) Where every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and (truncated)

Brochures

Castle Street, Caernarfon, Gwynedd, LL55

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llanfairpwll Station6.2 miles

About Dafydd Hardy Commercial, Gwynedd

156 High Street, Bangor, Gwynedd LL57 1NU

Dafydd Hardy Estate Agents and Chartered Surveyors are a privately run, independent business with 5 offices covering Gwynedd, Anglesey and Conwy. Operating since 1992 we have excellent local experience, and the business has accumulated numerous prestigious awards along the way.

The business was started by Dafydd Hardy and Richard Thomas (both RICS Chartered Surveyors) in 1992 and is now a well-established and successful enterprise in North Wales, renowned and acknowledged for its expertise and vast experience in all residential and commercial property matters.

Dafydd and Richard still play a pivotal role in the day-to-day running of the business which uses the latest industry software, keeping abreast of an ever-changing market.

All of our staff are trained to provide excellent customer service, whether you are buying, selling, renting or needing a survey - you can be assured that we have the knowledge and expertise required.

We pride ourselves on being honest, transparent and available - we're contactable 7 days a week and carry out property viewings at weekends and evenings too.

Many customers recommend us to their families and friends; an accolade that we are very proud of.

Over 1400 customers have reviewed our services on the All Agents website, which the UK's largest customer review website for the property industry resulting us being awarded the 'Best Estate Agents in Wales' for 5 consecutive years.

We're looking forward to the year ahead and hope to add you as one of our satisfied customers!

Notes

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Disclaimer - Property reference VAE250249. 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 Dafydd Hardy Commercial, Gwynedd. 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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