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Pwllheli Road, Caernarfon, Gwynedd, LL55 Guest house for sale
Pwllheli Road, Caernarfon, Gwynedd, LL55
£850,000
Pwllheli Road, Caernarfon, Gwynedd, LL55
£850,000
Our Summary
- 4 acres of well-maintained grounds, the property presents an inviting atmosphere with potential for further development or outdoor events
- With a freehold tenure, this property offers long-term investment potential in a thriving tourist area
- Muriau Park Guesthouse /Hotel has the unique potential to carry on as a restaurant
Description
This impressive guesthouse, Muriau Park Guesthouse/Hotel, is situated on the outskirts of the historical town of Caernarfon, offering easy access to local amenities and popular attractions. The property boasts 6 guest bedrooms, 4 with en-suite shower facilities, and 2 further first-floor private bathrooms, all recently upgraded. The owner's management accommodation provides a comfortable space for staff or proprietors. The property features a well-equipped kitchen, welcoming lounge, and large dining room, perfect for hosting guests. The property sits within 1.4 acres of well-maintained grounds, offering potential for further development or outdoor events. With a freehold tenure, this property offers long-term investment potential in a thriving tourist area. The guesthouse has achieved an average occupancy rate of 75-85% over the last three years and has a 4.8 rating with excellent feedback and reviews. The property also has the potential to operate as a restaurant, accommodating 25-30 guests in the dining room, and there is ample space to include a bar. This idyllic venue, with its unique character, offers the opportunity for a team to build a successful business in the hospitality industry.