Recently renovated Pembrokeshire inn on the market
Specialist business property adviser, Christie & Co is pleased to bring to the market the Cambrian Inn, a restaurant, bar, and bed & breakfast situated in the popular picturesque harbour village of Solva, Pembrokeshire.
The property is a substantial three storey, extended period property dating from the 1700s and recently benefitted from a complete renovation, with upgrades including a new commercial kitchen, plumbing, electrical and fire alarm systems and a total refurbishment of the guest rooms and trade areas.
Stylishly finished throughout, the Cambrian Inn features a split trading area with a bar and dining room with capacity for over 80 covers combined. Utilising the site’s outdoor space, there is also a terrace to the front of the property with additional seating for 36 covers. Five well-appointed en suite guest bedrooms comprise the bed and breakfast aspect of the business, and there is a newly built, one bedroom self-contained flat to the rear of the property, ideal for owner/management accommodation.
Situated within the Pembrokeshire National Park, an Area of Outstanding Natural Beauty, Solva and the wider area is a magnet for walkers, cyclists, campers and holiday makers looking to explore the unspoilt coastal scenery of the St David’s Peninsula. The Cambrian Inn benefits from being on a main road route to the cathedral city of St David’s, a major destination which attracts thousands of visitors every year, and is ideally placed to serve both passing trade and visitors staying in local camp sites and self-catering holiday units in the area.
The current owners Jeremy & Marzena Barton acquired the business in 2011 and have invested heavily in the property and business and are now looking at other opportunities in another sector. Jeremy comments "We have both enjoyed, along with the fantastic team who work at The Cambrian Inn, renovating the property and the challenge of building up the business to what it is today: a popular and profitable place to eat, drink or sleep. However, a mixture of other business opportunities and increasing family commitments mean we are looking to pass on ownership of this little gem to the next couple, family, or investor who can enjoy it as it is or take it to the next level.”
Corrina Jones, Business Agent – Licensed based in Christie & Co’s Cardiff office who is handling the sale comments, “The business has gone from strength to strength but there is still scope to increase revenue. Mr & Mrs Barton have only recently completed the refurbishments and there is further potential to increase trade. Current advertising is limited and they do not currently advertise on booking sites. This business would suit either an experienced operator looking to expand their property portfolio or a first-time operator looking for a lifestyle change.”
Further property information can be found at www.thecambrianinn.co.uk.
The Cambrian Inn is on the market at a freehold guide price of £1,500,000.