Wed, 24 Aug 2011 | BUSINESS SALE
A buyer is being sought for a historic Welsh pub and hotel that dates back as far as 1689.
The King's Head Hotel, in the Mid Wales market town of Abergavenny is being sold as a going concern for an asking price of £1.3 million, due to the retirement of its current owners.
Ken and Ruth Watkins, who have owned the property and business since 1999, have put the enterprise up for sale through agents Preferred Commercial Nationwide.
The premises is a focal point in the centre of the town, and comprises 14 en-suite bedrooms, a restaurant, bar and function room, which is housed in an original stable block.
A representative of the owners said there was ample scope for further development of the three-storey building and through bringing more business in that would make use of the function room and facilities.
"This is an ideal opportunity to acquire an already thriving hotel, with one-bedroom owners' accommodation and scope for future growth," the representative said.
The business's turnover is around £620,000 and has an excellent reputation for high levels of quality and standards. The one-bedroom owners' accommodation comprises a lounge/diner, kitchen and bathroom.
Acquire a premium portfolio of keyword-rich recruitment domains with strong relevance to the UK job board market. This unique opportunity allows for individual or collective acquisition, catering to specific business needs in a thriving sector.
Seize the chance to own a long-established and reputable aluminium fabrication business in the East Midlands, known for its quality workmanship and robust client relationships.
This established materials handling business in the West Midlands offers a unique opportunity with its strong supplier relationships and a diverse client base across the industrial and logistics sectors.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.