Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Hotel at the top of 'world's steepest street' listed for sale

Hotel at the top of 'world's steepest street' listed for sale

Sat, 03 Aug 2019 | BUSINESS SALE



A Welsh hotel and restaurant that sits at the top of the world's steepest street has been put up for sale by its owners.

Castle Cottage Restaurant with Rooms in Harlech is located at the top of Ffordd Pen Llech road. The road has recently been confirmed by the Guinness World Records to be the steepest street in the world following a passionate campaign by local residents, resulting in the removal of the title from Baldwin Street in Dunedin, New Zealand.

According to current owners of the hotel Glyn and Jacqueline Roberts, the roads 37.45 per cent gradient played no part in their decision to sell, which they said was due to their desire to retire after 30 years at the helm of this successful business.

Mr and Mrs Roberts revealed that they have already prepared for the sale by reducing their working hours, which means there is room for new owners to make additional profit should they choose to increase opening times.

That's according to Lesley Watmough with property specialist Fleurets, who is marketing the unique hotel and restaurant at a guide price of £645,000.

Commenting on the business venture, she stated that the new status of its impressive location is likely to be just one of the features considered to be attractive by potential buyers, who would also gain a top-rated restaurant and a popular bar.

Ms Watmough added: "This is a truly unique opportunity, the hotel has been awarded 5 stars by Visit Wales and is also a short distance from the medieval castle.

"Given the current operators reduced hours, there is also huge scope for business growth."


Share this article



Latest Businesses for Sale

Catering & Marquee Business
North Yorkshire, Yorkshire and the Humber, UK

An amazing opportunity to buy a high turnover and very profitable catering and marquee business that operates in North and West Yorkshire areas. This business is a very successful business with many contracts already secured for 2020 and beyond. Curr...

Asking Price: £325,000
Turnover: £550,000

LEASEHOLD


Village Pub With Hotel Rooms & Accommodation
Barnsley, South Yorkshire, Yorkshire and the Humber, UK

Central Village Setting. Space to Seat 85 Customers. Hotels Rooms. Separate Landlord Accommodation. An amazing opportunity to purchase the lease of this very busy pub with 4 hotel rooms and 3-bedroom landlord accommodation. Offers invited.

Asking Price: £330,000
Turnover: £586,000

LEASEHOLD


Hair & Beauty Salon
South East, UK

The ‘Turn key’ opportunity was first established by the owner over 40 years ago, who is now looking to find the right buyer to allow them to retire. The business is a multi-faceted business which offers both hairdressing, barbering, beauty service...

Asking Price: Offers Invited
Turnover: £690,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
28
 
Jun
 

Administrators hopeful of finding buyer for Bristol transport firm | ADMINISTRATION

Bristol-based transport, trucking and railroad firm Toogood ...

 
27
 
Jun
 

Administrators seek buyer for listed pharmaceutical company | ADMINISTRATION

Listed pharmaceutical firm 4D Pharma Plc has fallen into adm...

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
07
 
Aug
 

Bristol restaurant up for sale | BUSINESS SALE

After a series of top restaurant closures in the recent past...

 
25
 
May
 

North Yorkshire's Plough Inn up for sale | BUSINESS SALE

A 300-year-old stone pub in the North Yorkshire village of F...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.