Set in over two acres of extensive grounds, Croes Howell occupies a distinctive two storey detached property that has been tastefully extended and improved over recent years to create a light, contemporary and welcoming restaurant and events space, which can accommodate 120 covers. The lounge bar and restaurant features a stylish, marble topped bar, as well as full height picture windows, providing views over the lawn, and outdoor seating areas for a further 60 guests to the rear of the property.
Holding a wedding licence, Croes Howell is the ideal location for a wedding or special occasion and benefits from strong trade throughout the year. The spacious grounds can house a marquee for up to 150 guests and a two bedroom apartment situated on the first floor can be utilised as a bridal suite. Additionally, there is private parking for 30 vehicles, with additional overflow capacity across the road.
The business has been owned and operated by father and son team, Peter and Jamie Hughes, since 2011. They are now seeking a new lease deal in order to pursue retirement and to focus on other business interests outside of the hospitality sector, respectively. They comment, “We have thoroughly enjoyed running Croes Howell and cultivating an excellent reputation within the area for both dining and weddings. Following recent refurbishment, we’re leaving the business in a strong position with plenty of potential for new owners to develop upon.”
Keith Stringer, Director at Christie & Co, is handling the sale and comments, “Croes Howell has been modernised to a high standard throughout, as evidenced by the stylish dining space. In combination with the thriving wedding business and the fact that the business is run under management, Croes Howell presents an attractive opportunity to buyers seeking a turnkey hospitality business. We expect to generate high levels of interest as a result.”
Christie & Co is seeking an asking price of £75,000 for a new free of tie lease, plus £36,000 rent per annum.