GWYNEDD – AWARD WINNING RESTAURANT & HOTEL

Bangor, Gwynedd

Ref: 93469

Freehold £699,500

Key Features

  • Bangor, North Wales
  • Sizeable town centre building
  • Restaurant/bar and lounge
  • 11 en suite guest rooms
  • Development opportunity (STPP)
  • Business potential to generate up to £140k-£150k net per annum
  • Precis

    Award-winning hotel and restaurant in Bangor city centre. Would also suit change of use (STPP).

    Location

    The Garden Hotel is located in the heart of Bangor, within walking distance of the city centre. Bangor is Wales’s oldest city and offers plenty of leisure facilities including walking and cycling routes. It is also close to all major tourist attractions including Penrhyn Castle, the Isle of Anglesey, Snowdonia National Park and Greenwood Family Park.

    Bangor is ideally situated just off the A55 North Wales Expressway which links southbound to the Isle of Anglesey and northbound to Caernarfon and Chester. The property is just a stone’s throw from Bangor train station which connects to Liverpool, Manchester, Cardiff and London Euston.

    The Garden Hotel holds a prominent roadside position and is of brick construction with painted white render under a pitched tile roof to the main building and a flat roof to the rear.

    Property

    TRADE AREAS
    GROUND FLOOR
    VESTIBULE leading to RECEPTION/CHECK-IN DESK area. To the right is the LOUNGE BAR with seating for approximately 30, an additional seating area to the rear to accommodate approximately 50, carpeted floors and a wood panelled bar servery with back bar. BASEMENT offset giving access to LADIES’ AND GENTLEMEN’S TOILETS. Two DRY STORES. CELLAR. CLOAKROOM. MANAGER’S OFFICE. WORKSHOP. RETAIL/SHOP UNIT (currently used as storage) with its own access to the side of the building. RESTAURANT split into two sections with waiting/seating area for up to 10. ‘L’ shaped bar servery, carpeted floor with Chinese décor throughout. Loose seating to accommodate 150 including a breakfast bar area. STAFF TOILETS. Good sized and well-equipped TRADE KITCHEN with new extension, having tiled and laminate floors, multiple PREP and WASH AREAS, extraction canopy and a good selection of catering equipment.

    OWNERS ACCOMMODATION
    FIRST FLOOR
    Spacious LOUNGE, KITCHEN/PANTRY. BATHROOM/LAUNDRY ROOM.

    SECOND FLOOR
    Two double BEDROOMS. One single BEDROOM.

    THIRD FLOOR
    Two double BEDROOMS or one double BEDROOM with private lounge.

    LETTING ACCOMMODATION
    All rooms are decorated to a high standard. All feature EN SUITE BATHROOMS, TVs and tea and coffee making facilities.

    FIRST FLOOR
    Room 21 Single room
    Room 22 Family room
    Room 23 Family room
    Room 24 Double room
    STORE ROOM and access to ROOF TERRACE.
    RESIDENTS' LOUNGE

    SECOND FLOOR
    Room 25 Double room
    Room 26 Twin room
    Room 27 Family room
    Room 28 Single room
    Room 29 Double room
    WC & BATHROOM

    THIRD FLOOR
    Room 30 & 31 (loft space—Family rooms)

    EXTERNAL
    PRIVATE PARKING to the rear and side of the property for 8. GARAGE. Lower ground OUTBUILDING for conversion (STPP)

    The Business

    Since 1985, the Garden Hotel has been operated as a family run business and is now offered for sale to permit retirement. Accounts show there is potential to generate up to £140,000 - £150,000 net per annum, with huge scope for increased sales by extending the current opening hours, increasing marketing activity, converting the multiple outbuildings to additional letting rooms (STPP) and letting the retail/shop unit. Our clients advise occupancy levels are consistent all year round - at between 80-90% - and the business boasts great reviews on TripAdvisor and booking.com. Additionally, the restaurant won the Welsh Asian Food Awards in 2019 and was a finalist in the Oriental Establishment Category of the Good Food Awards in 2021. In the 2023/24, it won a coveted Good Food Awards Gold Seal, an award given to restaurants achieving consistently high customer ratings/votes over three years.

    DEVELOPMENT OPPURTUNITY
    The property would also suit change of use/redevelopment (STPP). The location and plot size make the building ideal for residential conversion. In addition, Gwynedd Council have earmarked the site as a designated area for student living, with Bangor having one of the largest student populations in the UK.

    Tenure

    FREEHOLD £699,500 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held.

    Current opening hours:
    Tuesday to Saturday 17:00 till 21:00

    Services

    All main services are connected. The property benefits from CCTV and is fully alarmed.

    Local Authority: Gwynedd Council, Shire Hall, Caernarfon, LL55 1SH
    Telephone: 01766 771000

    Rateable Value: £28,500. The business is subject to small business rate relief.

    Enquire about this listing

    Dean McVay
    North West

    Ref: 93469

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