Landmark hotel for sale in Porthmadog

This property is marketed by:
Colliers

Key Features

• Prominently located and well-established landmark 4* Star town hotel
• 28 en suite letting bedrooms with busy bar, dining room and meeting facilities
• Superb location between Snowdonia and the coast
• Turnover y/e December 2023 £729,393 – EBITDA £157,586
• EPC - C

Description

The Royal Sportsman Hotel is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497. It is consequently particularly well placed to attract business. Built in around 1862, the hotel was developed from its origins as a coaching inn and now serves the demands of a broad customer base, accommodating the needs of commercial, leisure and tourist visitors as well as developing and strong local following. This prominently placed, full service hotel has been extensively upgraded and improved during the present owner’s tenure and offers a good range of facilities which include 28 well-appointed en suite letting bedrooms, a busy public bar, well-appointed lounge and restaurant, all attracting plenty of repeat business from a strong all year round trade.

The town of Porthmadog has an impressive setting on the Glaslyn Estuary with a backdrop of Snowdonia National Park where the mountains run down towards Tremadog Bay. Local attractions such as Ffestiniog National Railway attract many visitors to the town, together with a wealth of national and historic attractions. The Llyn Peninsular with its heritage and sandy coastline together with an awesome, rugged landscape of nearby Snowdonia are a real magnet, in addition to which there are mountain railways, marvellous beaches including nearby Blackrock Sands, mines, nearby castles and Portmeirion – a unique Italian village. Since acquiring the Royal Sportsman Hotel, the present owner has spent a great deal of time developing and re-positioning the business with an eye on continual improvement of the hotel facilities. This presents purchasers an opportunity to take over a successful and proven business where a great deal of hard work has already been carried out, and a solid profit platform created for the future.