"Description
Moelwyn offers six en suite letting rooms with sea views, alongside a 28 seat restaurant, bar, and outdoor terrace. The premises is currently being ran as a lifestyle business focusing on the rooms, providing guests with stunning sea and mountain views.
The property is well suited for a family run operation and includes spacious owner accommodation with three bedrooms, two lounges, a kitchen, and a bathroom.
Originally two Victorian townhouses, Moelwyn has planning permission in place for conversion back into two separate residences, presenting a unique investment opportunity.
LocationCriccieth, a charming coastal town in Gwynedd, Wales, is renowned for its scenic seafront, historic landmarks, and welcoming atmosphere. Overlooking Cardigan Bay, it offers breathtaking views and a tranquil setting, making it a sought after destination for visitors and locals alike.
The town is home to Criccieth Castle, a striking medieval fortress, and features a vibrant selection of shops, caf s, and attractions. With its sandy beaches and strong community spirit, Criccieth provides an ideal location for a restaurant, benefiting from both steady local patronage and seasonal tourist footfall.
Ground FloorLounge bar area, restaurant with approximately 30 covers, kitchen, reception area, and terrace with sea views.
Other FloorsSix en suite letting bedrooms, all with sea views to one side of the building with three bedroom owners accommodation with sea views to the other
Fixtures & FittingsWe have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.
External DetailsOutside terrace and patio 20
Owner s AccommodationSeparate three bedroom owner s accommodation with two lounges, kitchen, and bathroom.
The OpportunityThis property offers a well appointed hospitality space in a prime coastal location, presenting an excellent opportunity for a new owner to continue or expand its business potential.
Planning PermissionsPlanning permission has been granted to conversion to two residential dwellings
TenureFreehold
Business RatesThe Rateable Value is £8,900 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.
RegulatoryPremises License
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