For Sale by private treaty (non auction) New Quay West Wales. Hotel and Restaurant with sea view.

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For sale due to retirement of the current owner. A 3-storey 6-bedroomed Hotel and restaurant in the beautiful West Wales coastal resort of New Quay, Ceredigion.

A former Master Mariners house trading as a hotel / restaurant / bar and holiday retreat enjoying panoramic sea views over the Cardigan Bay and Cei beach, close to New Quay harbour with potential for a variety of alternative residential uses subject to planning consent.

A well established business housing 6 bedrooms including 4 en-suite double bedrooms, a bar and 40 seat restaurant with sea view and living accommodation on the upper floor.

Located just off the main A487 coastal route between Aberaeron and Cardigan within Ceredigion the property is central to many caravan parks and in close proximity to New Quay town centre which is well regarded as a very popular holiday resort with a small harbour being home to numerous private boats and a thriving yacht club.

Full Description of property.

Ground floor:

Main Entrance leading to:

Spacious Bar: With part stripped wooden flooring, feature fireplace, ornate panelled bar and counter with matching canopy. Archway leads through to:

Guest Conservatory: Having stripped wood-effect flooring and seating for 12 guests.

Full width Conservatory: Currently used as a restaurant with approximately 40 covers and offering superb views over Cardigan Bay.

Kitchen: Currently fitted to catering standards, non-slip flooring, stainless steel clad walls, extractor hood and catering equipment. Access to additional preparation / cooking area.

Ladies and Gents Toilets.

First Floor: Bedroom 1: Large double bedroom with sea views and en-suite shower room.

Bedroom 2: Large twin bedroom with sea views and en-suite shower room.

Bedroom 3: Double bedroom with views to the rear and en-suite shower room.

Bedroom 4: Double with views to the rear and en-suite shower room.

Second Floor:

Private accommodation but offering potential for further lettable rooms or conversion to a self-contained flat (subject to planning).

Lounge: With sea views.

Hallway: With office area.

Bedroom 5: Double with en-suite shower room.

Bedroom 6: Double with en-suite shower room.

Outside:

The elevated plot provides a front paved terraced area with bench seating and sea views. A side drive leads to enclosed private rear gardens with tarmacadam car park for approximately 10 vehicles and storage sheds.

Services: Mains electric, water and drainage are connected to the property together with LPG gas for cooking and heating. No tests have been carried out on any of these services or appliances.

Tenure: We are advised that the property is freehold. Interested parties should confirm this by enquiry to their professional advisers.

General Business Information:

The property currently trades as a hotel and restaurant with bar sourcing large numbers of tourists from the nearby caravan parks and those who frequent New Quay throughout the year. The existing proprietors live onsite but due to ill health only operate on limited hours for 8 months of the year. The inn currently holds an AA Gold Award and the four lettable first floor bedrooms are busy throughout the year catering for both the holiday guests and contractors to the large number of nearby holiday parks during the off season.

Price: The property which includes trade fixtures and fittings is offered for sale at £495,000 plus stock at valuation (if required).

Business Rates: Rateable Value: £12,000 Rates Payable for the year April 19-March 2020: £5,833.85 Separate assessment for upper floor: Band A (£1,054.98)

EPC: Rating: C

To arrange a viewing please e-mail steve@propertyauctionscymru.com or call 07988 952673 between 10am and 4.30pm Monday to Friday inclusive.