GWYNEDD - 11 BEDROOM SEAFRONT GUESTHOUSE IN POPULAR TOURIST TOWN

Criccieth, Gwynedd

Ref: 50288

£540,000 Freehold

Key Features

  • Seaside town of Criccieth
  • Nine letting bedrooms
  • Two bedroom, self-contained owner's accommodation
  • Breakfast room/bar (24)
  • Residents' lounge
  • Close to local attractions
  • Precis

    Established guesthouse in seafront position in the popular seaside town of Criccieth

    Location

    Criccieth is located on the Llyn Peninsula overlooking Tremadog Bay in the County of Gwynedd. This attractive Victorian seaside town is hugely popular with tourists and is renowned for its two beaches, promenade and traditional Welsh charm. Notable points of interest are Criccieth Castle, Black Rock Sands and the North Wales Coast Path. The town is also within easy reach of Snowdonia, Porthmadog and Portmeirion. Criccieth lies on the A497, the main road from Pwllheli to Porthmadog, and the North Wales coast is accessible via the B4411/A487.

    This Victorian terraced property is configured over four levels. It has a yellow painted exterior under a pitched slate roof and comprises:

    Property

    GROUND FLOOR
    ENTRANCE PORCH with guest LOUNGE to the left. The well-appointed lounge has a fireplace with log burner installed, sofa seating for 6 and sea views. BAR AREA with wood constructed BAR SERVERY, perimeter and loose seating for 12 and wood flooring. BREAKFAST ROOM offset providing 12 covers. KITCHEN and DINING AREA with tiled floors; fully equipped with wall and base units. Separate PANTRY with SITTING ROOM offset and LAUNDRY ROOM.
    FLOORS 1, 2 and 3 comprise letting rooms, a number of which have sea views. Eight of the rooms are currently operational and offer EN SUITE facilities, TVs and tea and coffee making facilities.

    FIRST FLOOR
    LETTING ROOM 1: DOUBLE with rear views and EN SUITE SHOWER ROOM.
    LETTING ROOM 2: SUPERKING with sea views and EN SUITE SHOWER ROOM.
    LETTING ROOM 3: Currently used as an OFFICE but with the potential to be reconfigured as a SINGLE with separate WC.
    LAUNDRY ROOM.

    SECOND FLOOR
    LETTING ROOM 4: SMALL DOUBLE with rear views and EN SUITE SHOWER ROOM.
    LETTING ROOM 5: KING SIZE DOUBLE with rear views and EN SUITE SHOWER ROOM.
    LETTING ROOM 6: SUPERKING with sea views and EN SUITE SHOWER ROOM.
    STOREROOM/LAUNDRY.

    THIRD FLOOR
    LETTING ROOM 7: SINGLE with rear views and EN SUITE SHOWER ROOM.
    LETTING ROOM 8: SINGLE with rear views and EN SUITE SHOWER ROOM.
    LETTING ROOM 9: SUPERKING with sea views and EN SUITE SHOWER ROOM.
    This floor also features a STOREROOM, loft access and a LAUNDRY CUPBOARD.

    OWNERS ACCOMMODATION
    Located on the first floor, self-contained and boasts sea views, comprising:
    Spacious LOUNGE, BATHROOM, DOUBLE BEDROOM, MASTER BEDROOM and LAUNDRY CUPBOARD.

    EXTERNAL
    To the front of the property is a PATIO AREA with seating for 6 and sea views. There is also a small COURTYARD to the rear of the building. No parking is available at the property but there is free on-street parking as well as numerous car parks in the area.

    The Business

    Awel Mor is a small, friendly guesthouse which caters for the town’s large tourist population. It is hugely popular with walkers due to its close proximity to the Coast Path and Snowdonia National Park. The business has a 9.6 rating on Booking.com, a 4.9 rating on Trip Advisor and Google and was awarded ‘most welcoming guest house’ in 2023. Our clients purchased the property in 2019 and it has been subject to much investment since that date with the owner’s accommodation and breakfast room/bar being particular areas of focus. The business offers the perfect work/life balance in a desirable seaside location.

    Our clients currently operate for 8 months each year which leaves scope for a new owner to increase trade. There is also potential to make the 9th letting room available for bookings. Following a formal viewing, full trade accounts may be made available upon request and with consent from our client.

    Website: www.awelmor.com

    Tenure

    FREEHOLD £540,000 to include goodwill, 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 for the sale of alcohol to residents only:
    7 days a week, 12:00 - 24:00

    Services

    Mains electricity, water and drainage are connected. LPG for the kitchen.

    Local Authority: Gwynedd Council

    Rateable Value: £5,800

    Enquire about this listing

    Dean McVay
    North West