- 30 cover bar/restaurant +
- 6 letting rooms +
- Seafront location +
- Planning to convert to residential +
- 3 bedroom owners accommodation +
- Energy Rating C +
- Christie & Co Ref: 5665013 +
Description
Moelwyn offers six en suite letting rooms with sea views, alongside a 28-seat restaurant, bar, and outdoor terrace. The premises is currently being ran as a lifestyle business focusing on the rooms, providing guests with stunning sea and mountain views.
The property is well-suited for a family-run operation and includes spacious owner accommodation with three bedrooms, two lounges, a kitchen, and a bathroom.
Originally two Victorian townhouses, Moelwyn has planning permission in place for conversion back into two separate residences, presenting a unique investment opportunity.
Location
Criccieth, a charming coastal town in Gwynedd, Wales, is renowned for its scenic seafront, historic landmarks, and welcoming atmosphere. Overlooking Cardigan Bay, it offers breathtaking views and a tranquil setting, making it a sought-after destination for visitors and locals alike.
The town is home to Criccieth Castle, a striking medieval fortress, and features a vibrant selection of shops, cafés, and attractions. With its sandy beaches and strong community spirit, Criccieth provides an ideal location for a restaurant, benefiting from both steady local patronage and seasonal tourist footfall.
Ground Floor
Lounge bar area, restaurant with approximately 30 covers, kitchen, reception area, and terrace with sea views.
Other Floors
Six en-suite letting bedrooms, all with sea views to one side of the building with three-bedroom owners accommodation with sea views to the other
Fixtures & Fittings
We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.
External Details
Outside terrace and patio (20)
Owner's Accommodation
Separate three-bedroom owner's accommodation with two lounges, kitchen, and bathroom.
The Opportunity
This property offers a well-appointed hospitality space in a prime coastal location, presenting an excellent opportunity for a new owner to continue or expand its business potential.
Planning Permissions
Planning permission has been granted to conversion to two residential dwellings
Tenure
Freehold
Business Rates
The Rateable Value is £8,900 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.
Regulatory
Premises License