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NP16 6SQ

Guide Price
£650,000

Business rates & charges may apply

Sidney Phillips Limited, Wales
SIZE

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SECTOR

8 bedroom hotel for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and C1 Hotels

A3, A4, C1

Key features

  • Riverside village exceptional Hotel/Inn of architectural appeal
  • Restaurant (40) with Lounge area
  • Public bar (30)
  • 7 en suite letting bedrooms & family suite
  • Parking and gardens set in 0.7 of an acre
  • Turnover £293,000 per annum net of VAT
  • For sale after 26 years in the same owners' hands

Description

The well known village of Tintern is located in the heart of the Lower Wye Valley astride the A46 on the banks of the River Wye. It is some 4 miles north of Chepstow and junction 21 of the M48 motorway and 10 miles south of the market town of Monmouth. The village is famous for its 12th century Cistercian Abbey which was looted by Henry VIII during the Reformation but is still a commanding edifice and a popular tourist destination. Tintern enjoys all the benefits of the glorious Wye Valley and is particularly popular with ramblers, riders, canoeists, cyclists, anglers and golfers. It is convenient for the Celtic Manor Resort and National Hunt racing with Chepstow Racecourse (home of the Welsh Grand National) only a few miles distant.

The Wye Valley Hotel is a stunning property reputed to date back to 1835, but the majority of the current construction was built in the early 1920s. It is of almost unique crescent shape and due to the date of its construction, has a number of influences in its architectural appeal, it being early 'Art Deco' in style, also having many Edwardian features and a strong influence from the 'Arts and Crafts' movement.

It has been owned by our clients for 26 years and they have now decided to sell due to their desire to retire. Nevertheless, despite their lengthy tenure at the property, the premises have been maintained extremely well and indeed, over recent years, there has been considerable reinvestment in the property with a notable refurbishment taking place in 2019 and 2022.

The property, which must be viewed to be appreciated, is briefly described as follows:-

TRADE AREAS
RECEPTION HALLWAY with desk providing access to both principal trading areas. MAIN BAR with heavily beamed ceiling, carpeted floor, quarry tiled bar walk and feature open Victorian fireplace with cast iron back fitting. Traditional fixed and loose seating for 30 or so customers. Fully equipped BAR SERVERY with panelled counter and display back fitting. Behind the servery is ON LEVEL BEER CELLAR. Also off the inner hallway are a set of Ladies' and Gentlemen's Toilets.

Also off the reception hallway is the LOUNGE BAR/RESTAURANT. The room has part boarded and part carpeted floor and its own fully equipped BAR SERVERY which has panelled frontage. The room is split into two sections having a RECEPTION LOUNGE AREA with leather bound sofas and chairs for up to 12 guests. The rest of the room has Regency dining chairs to assorted tables able to cater when fully furnished for up to 40 diners with lounge area. There is double glazed door access to front and rear from this main restaurant area. There is a large and comprehensively equipped CATERING KITCHEN with full selection of stainless steel catering effects and work surfaces, the room measures approximately 9m x 7m. The walls are stainless steel clad and there is nonslip flooring. There is also a large 'walk in' FREEZER ROOM and a separate WASH UP AREA.

Located at ground floor but with separate external entrance is the former manager's accommodation which is currently utilised purely for storage. It consists of a DOUBLE BEDROOM and EN SUITE SHOWER ROOM.

LETTING ACCOMMODATION
Located at first floor there are 7 LETTING BEDROOMS AND FAMILY SUITE, ALL DOUBLE, TWIN OR FAMILY SIZED ROOMS. Each room is decorated to a high standard having full bedroom suite, coffee making facilities and television. Each BATHROOM has been recently refurnished. LETTING BEDROOM 2 is actually a suite incorporating two of the bedrooms and currently let as one.

We are advised that there is a very large loft space which, subject to planning, could be utilised for the creation of separate owners' accommodation.

EXTERNAL
As previously referred to, the hotel stands in a very good sized plot of 0.7 of an acre. To the front of the property is lined tarmacadamed space for 6 vehicles as well as seating for customers. During the summer months, some of the garden is extended over the car parking areas providing further garden facilities. There is a SIDE CAR PARK with lined spaces for 10 vehicles and then a ramp to a hardstanding 'overflow' CAR PARK with space for up to another 20 vehicles.

DEVELOPMENT POSSIBILITY
Plans have been drafted and submitted to the Planning Department for the conversion of the current restaurant into two self contained apartments, both having two en suite bedrooms and open plan kitchen, lounge and diner. Our clients have been advised there is no requirement for planning consent as it is a conversion of an existing area, although all the revelant Building Regulation Consents will need to be obtained.

NP16 6SQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chepstow Station4.4 miles

About Sidney Phillips Limited, Wales

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 90965. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sidney Phillips Limited, Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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