Restaurant and B&B in Welsh seaside town for sale for the first time in 50 years
Specialist business property adviser Christie & Co has been instructed to market Moelwyn Restaurant and B&B in the picturesque seaside town of Criccieth in Wales.
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Moelwyn comprises a 28-cover restaurant, a bar, and an outside terrace, known for serving lunch and dinner against a dramatic backdrop of sea and mountain views. Alongside the restaurant, Moelwyn also contains six ensuite B&B letting rooms.
The restaurant is located just a short distance from the mountains of Snowdonia National Park and within walking distance of the historical Criccieth Castle as well as shops, cafes and other attractions. The property also includes a spacious three-bedroom home with two lounges, a kitchen and bathroom, which has historically been used as owners’ accommodation.
The business has been family-run for over fifty years, and is on the market due to retirement, as the owners wish to pass the reins to the next generation.
Moelwyn was originally two Victorian townhouses, and planning permission has been granted to convert the building back to two houses if the new owner desired.
James Dodd, Business Agent at Christie & Co, said, “This is an excellent opportunity to purchase a well-appointed hospitality business in a prime coastal location, with so many options for the new owner to continue expanding the business’ potential.”
Moelwyn’s Restaurant and B&B is on the market with freehold asking price of £635,000.
To find out more, visit: https://www.christie.com/5665013/
For further information on this press release, contact:
Lydia Stewart, Junior Corporate Communications Executive
P: +44 7712 198994
E: Lydia.Stewart@christie.com
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