Tue, 23 Jan 2024 | COMMERCIAL PROPERTY
A boutique hotel in North Wales has been put up for sale as its long-term owners are seeking to retire. The Minffordd Hotel in Tywyn, Gwynedd is located on the Mach Loop, a well-known testing ground for RAF jet fighters, and is popular among aviation enthusiasts.
The riverside hotel, which is set within a 2.1 acre paddock in the Welsh countryside, is also regularly used by campers and tourists visiting the surrounding area, with the venue sitting at the base of the Cader Idris Mountain.
The hotel, parts of which date back around 450 years, has seven en-suite rooms, which are a split between twin and double, as well as a restaurant, breakfast room, snug and a main bar area offering views of the surrounding countryside. There is also a paddock area outside of the hotel that has potential to provide another income stream by being used for camping facilities.
The hotel has been owned and operated for the last 30 years by Gordon and Michelle Holt, who are selling in order to retire. Christie & Co are marketing the hotel for sale, presenting an opportunity for a new owner to take over, develop and modernise a successful existing business.
Christie & Co Hotel Broker Sam Roberts commented: "Situated in the most fabulous location, this boutique hotel has traded successfully over the past 30 years in the current owner's hands and has welcomed many guests including celebrities, film crews and aviation enthusiasts.”
"With Gordon and Michelle now looking to retire after many happy years, the opportunity has presented itself for new custodians to take this charming hotel to another level, building on what Gordon and Michelle have created and to expand business and further trade."
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LEASEHOLD
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