Outstanding Hotel Overlooking Milford Haven Marina for Sale
Posted by Sidney Phillips on 2nd May 2021 -
The Lord Nelson Hotel occupies a town centre location which overlooks Milford Haven Marina and Estuary and is a well appointed 24 en-suite bedroom hotel.
Milford Haven is situated on the northern bank of Milford Haven waterways, an estuary forming a natural harbour which has been used as a port since the middle ages.
The town has a population of some 13,000, and is the second-largest settlement in Pembrokeshire, originally developed around the waterways, and previously renowned as a whaling centre, Royal Naval dockyard and fishing port
It is now home to a number of oil refineries and LNG Terminal which receives and produces much of Britain’s fuel. It is also home to a busy commercial ferry terminal and the private boating fraternity based at Milford Marina, set just below the premises.
The Marina is in the early stages of a major expansion development to the waterfront, which will have an immensely positive effect on the town and the surrounding areas.
The Lord Nelson Hotel is a Grade II Listed building which sits proudly on Hamilton Terrace. It is a substantial property offering 24 en-suite letting bedrooms and well-appointed lounge bar and function room.
The benefit of the site is the trade garden which has outstanding views across the estuary. The property also has the benefit of parking for customers to the hotel.
This proud and substantial property appears to be constructed mainly of stone and brick with rendered and colour washed elevations under a pitched slate tiled roof.
The Lord Nelson has been the subject of investment in excess of £1m since 2011, with the most recent update taking place in 2017.
It is presented in very good condition throughout, ready to trade with minimum preparation.
Sidney Phillips have been instructed to offer the Freehold off an asking price of £680,000.
For further information about pubs for sale or how to buy a business, please contact Sidney Phillips on 01981 250333 or please click here.