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8 bedroom, St. Marys Street, Tenby

Guide Price £695,000
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KEY FEATURES

  • Excellent Location Licensed B&B
  • Excellent Potential To Expand Business
  • 8 En-Suite Letting Bedrooms
  • Good Level Of Repeat Business
  • Open For 7 Months Of The Year
  • 2 x Owners/Managers Accommodation
  • Planning For 5 Apartments
  • Internal Viewing Required To Appreciate
  • Sea Views From Some Of The Rooms
  • Top Floor Attic Apartment
A great opportunity to acquire an attractive substantial grade two listed hotel, situated within the heart of the coastal town of Tenby. With the idyllic sandy beaches of Tenby of your doorstep, you are also within walking distance to an array of local shops, church, cafes and restaurants. 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. Viewing is highly recommended to appreciate all the property has to offer!

The hotel is licensed and all eight letting bedrooms have en-suite shower/bathrooms. Boasting character features throughout the property with beautiful traditional cornicing and feature bay windows on the first floor; some bedrooms also benefit from sea views overlooking South beach. The ground floor accommodation provides the entrance hallway which leads through into a reception room which features a fireplace and bar area. Across the hallway is the breakfast room which provides ample space for seating, and access to the hotel kitchen. The rear of the property offers an office, utility room, and leads through into the owners accommodation. Presently, there are two apartments which are being used by the owners, one two bedroom apartment on the ground floor and a further one bedroom self contained apartment on the top floor attic room. The property benefits from gas central heating, and ample storage throughout. Externally to the rear of the property there is also an enclosed courtyard, which provides a storage shed and space for outside seating.

This established profitable business could offer a buyer a lifestyle change and with expansion possible could be even more lucrative.

PLANNING :The property has the benefit of planning consent for the conversion into 5 residential apartments in addition to the top floor owners accommodation.

Myrtle House is located in southwest Wales in the historic popular coastal location of Tenby, which is renowned for its beautiful sandy beaches and its attractive harbour, set with the protection of the Pembrokeshire Coast National Park. The town offers extensive amenities including a wide variety of shops, pubs, restaurants, 18 hole links course. The Caldey Island famous for its Monastery. in addition there are many events throughout the year which attracts large amounts of visitors. Tenby is approximately 100 miles from Cardiff, 60 miles from Swansea. There is a train service from Tenby.

The Owners Say

We have enjoyed running the B&B for a number of years, meeting all sorts of people. We have adapted the opening months suit ourselves. When we first purchased the Hotel we were open all year including Christmas and New Years Eve which was extremely popular. We enjoy a high level of repeat business including events such as Iron Man Wales. 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.

GENERAL INFORMATION
VIEWING: By appointment only via the Agents.
TENURE: We are advised Freehold
SERVICES: We have not checked or tested any of the services or appliances at the property.
TAX: n/a business rates payable
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Any floorplans provided are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. Dimensions are approximate. NOT TO SCALE.