Hotels For Sale – Hand Hotel
Graham + Sibbald are delighted to present for sale the Hand Hotel, located in Llangollen, Wales.
Graham + Sibbald are delighted to bring this impressive and highly profitable detached historic market town hotel, inn and restaurant to the market.
Key Features:
- 58 Individual En Suite Bedrooms
- Public Bar (60)
- Dinas Bran Bistro Restaurant (50)
- Denbigh Room Conference and banqueting facility (100)
- Novello Meeting and Private Dining Room (20)
- Fabulous outside bar with decked seating area overlooking the River Dee
- Range of outbuildings with further development potential
- Net turnover Year Ending 31/7/2023 – £1,211,873
The Hand Hotel is situated in the busy and highly popular market town of Llangollen in North East Wales and is located within the town centre overlooking the River Dee at the edge of the Berwyn Mountains within the wider geographical area of Denbighshire.
The building is believed to date back to circa 1673 when it was built as the Hand Coaching Inn, at which time we understand that it was used by the Irish Mail Coaches that travelled to and from London, to the Irish Ports. Over the years the property has been extended and comprehensively refurbished to form a large comfortable hotel and inn, yet it still retains many of its original features and much of its original charm and character.
The property is situated on an extensive level plot and consists of a large detached property with various outbuildings. The accommodation is arranged over 2 and 3 storeys with the main buildings grouped around an attractive courtyard area which in turn leads out into an extensive customer car park.
The property is predominately of stone construction with rendered and painted elevations beneath a range of mainly pitched slate and flat felt covered roofs. In addition to the main property there are a range of outbuildings which are also mainly of stone construction.
Location
The hotel is situated in a busy and popular historic market town which is well known for its many tourist attractions including, the renowned Steam Railway, the nearby medieval Castell Dinas Bran, horse drawn boats on the canal as well as the annual international music Eisteddfod which was first established in 1947 and attracts many visitors to the town from all over the world. Visitors are also attracted by the many outdoor activities, such as cycling, hiking, climbing, canoeing, golf, hunting and fishing. We understand from our clients that the property also benefits from its own exclusive fishing rights from land in front of the hotel adjacent to the river.
The town has a significant residential population who regularly make use of the bars, restaurant and function facilities. The hotel is situated in an attractive elevated position on the banks of the River Dee, just off the main retail street, running through the town within an area comprising a mixture of commercial, retail and residential properties.
Trading Information
The business has a solid and stable trading history and trading information provided by our clients show for the year ending 31/7/2023 a net turnover of £1,211,873 with a gross profit of £970,563 (80%).
Further information will be made available to seriously interested parties upon request and upon receipt of a completed and signed non disclosure agreement (NDA).
