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St. Marys Street, Tenby Guest house for sale
St. Marys Street, Tenby
£625,000
St. Marys Street, Tenby
£625,000
Our Summary
- Located in a prime highly sought after area on St Marys Street, there is a fantastic opportunity to develop the business further as the present owners only trade for 7 months of the year as their personal preference
- We believe the sale of Myrtle House Hotel offers a genuine opportunity to develop the business further or develop into residential apartments in this beautiful location
- Excellent Potential To Expand Business
- Planning For 5 Apartments
Description
This charming Grade II listed hotel in Tenby, Wales, is a unique opportunity to acquire a profitable business with potential for further development. Situated in the heart of the coastal town, the hotel is within walking distance to the beach, shops, cafes, and restaurants. The property boasts eight letting bedrooms with en-suite bathrooms, a reception room, bar area, breakfast room, and kitchen. The hotel is licensed and has a rich history, with character features throughout. The property also includes two apartments, one on the ground floor and one on the top floor, which are currently used by the owners. The hotel has planning consent for conversion into five residential apartments, making it an attractive investment opportunity. The owners have enjoyed running the B&B for several years, but have adapted their opening months to suit their personal preferences, offering a genuine opportunity to develop the business further or convert into residential apartments.