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£739,000
Llanelli, - Detached 20 ensuite bedroom 4* Accommodation
Price:
£739,000 Get Prequalified Today
Contact:
01792 479850
Location:
Llanelli, Carmarthenshire
Description:
- Detached 20 ensuite bedroom 4* Accommodation with Bar and Restaurant - Central location within Llanelli - Fully refurbished to 4* in 2010 - Off road parking for around 15 vehicles - Profitable business
LOCATION
The property is located in a prominent position fronting onto Queen Victoria Road, Llanelli.
Llanelli is a large town within the county of Carmarthenshire, Wales, and sits on the Loughor estuary on the South West Wales coast, approximately 10 miles (16 km) west-north-west of Swansea and 12 miles (19 km) south-east of Carmarthen town centre.
The immediate surrounding area is predominantly residential, with the services and amenities of Llanelli Town Centre a few hundred metres away. The Lougher Estuary beach front is also located approximately half a mile away.
DESCRIPTION
The property comprises a detached property with 20 ensuite bedrooms, a bar and restaurant which can seat around 70 people. The property also benefits from a reception area, lounge, fully fitted commercial kitchen, store area, office and laundry room.
Externally the property benefits from a seating area for the bar/restaurant at the front of the property and a car park for around 15 cars at the rear of the property. A detached garage is also located within the car park. The property can be accessed from the front or rear of the building.
The whole of the property was extensively refurbished in 2010.
THE BUSINESS
The Coastal Park 4* Accommodation has been run by the present owner since 1996 and has been expanded considerably over time. The business currently has a four star rating from Visit Wales and employs around three full time staff and seven part time staff. The owners of the business no longer work full time at the property due to other commitments, hence the reason for sale.
Accounts are available for inspection once an interested party has viewed the property.
More detailed information on the business can be found online at;
www.hotel-restaurant-llanelli.co.uk
Extensive reviews of the business can also be found on www.laterooms.com and www.booking.com.
TERMS
The freehold interest in our client's property to include all business, fixtures and fittings is available at an asking price of 739,000.
Each party is to be responsible for their own legal costs.
BUSINESS RATES
We have made online enquiries and understand that the Rateable value for the property is 15,000. Therefore, rate payable for the fiscal year 2011/2012 are around 6,420.
VIEWINGS
Viewings are strictly by appointment only with joint selling agents Astleys and Dawsons,
Please contact;
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Property Type:
Single-Family Houses
Amenities:
Parking
For sale by:
Agent/Broker
Phone:
01792 479850
Posted:
Contact:
01792 479850
-
Let me know if you have any questions. – Astleys
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More About this Listing: Llanelli, - Detached 20 ensuite bedroom 4* Accommodation
Llanelli, - Detached 20 ensuite bedroom 4* Accommodation is a Houses for Sale in Llanelli CMN. Find other listings like Llanelli, - Detached 20 ensuite bedroom 4* Accommodation by searching Oodle Marketplace for Houses for Sale in Llanelli CMN.
Llanelli, - Detached 20 ensuite bedroom 4* Accommodation is a Houses for Sale in Llanelli CMN. Find other listings like Llanelli, - Detached 20 ensuite bedroom 4* Accommodation by searching Oodle Marketplace for Houses for Sale in Llanelli CMN.