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Outstanding Pub For Sale with Restaurant and Guest Rooms

Meifod, Powys

  • Asking Price: £30,000 +SAV
  • Turnover: The business reports a generous turnover of £2500 per week with gross profit at 59%.
  • Tenure: Leasehold

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Hilton Smythe is proud to introduce to the market The Lion Hotel. This splendid 17th century public house/restaurant and guest house has been run and managed by our clients a successful husband and wife team since 2012.

Our clients have worked tirelessly to rebuild the business since inception and have spent several thousands of pounds on refurbishing and restoring the premise to the highest of standards with stylish décor and quality furnishings throughout.

The business is now reaping the rewards growing weekly in popularity with both locals with a pool and darts team regularly supporting the business and further trade from the many tourists visiting the area.

The business is currently running at a steady pace, and turnover could be increased massively.

The Lion Hotel is a delightful venue to relax and unwind with a welcoming ambiance. The restaurant offers a traditional menu of home cooked fare alongside more contemporary modern dishes and daily specials. The restaurant has an excellent reputation with a 4 star food accreditation.

Additional revenue is generated from the six modern guest rooms. All rooms are individually styled and are en suite, a perfect base for exploring this beautiful region. We are advised that the rooms are fully booked for summer.

We believe the business would benefit from a marketing and advertising campaign to further promote awareness of this outstanding business to new clients.

The business is complete with a substantial 3 bedroom living accommodation, ideal for a couple of family looking for a life style change in this idyllic location.

The business is owner run and managed with the assistance of 5 members of staff.

The business opens:- Monday to Sunday 12 noon to 2.30pm and 5.00pm to 11.00pm.

The Lion Hotel is located in the pretty semi-rural village of Llansantiffraid in Powys.

The business occupies a main road position and is perfectly located on the mid wales border close to a wealth of local attractions and activities. The area is renowned for its stunning scenery with exceptional walking in the Berwyn Mountains, bike rides around Lake Vymwy, the impressive Powis Castle and gardens, and the breath taking waterfall Pistyll Rhaeadr attracting hundreds of visitors each year.

The Lion Hotel is conveniently located close to several surrounding caravan/camp sites and has a bus stop in the vicinity. LLansantiffraid is close to the market towns of Welshpool and Oswestry.

Prominent detached premise briefly comprising:-

Lovely lounge area with carpeted flooring, exposed beams, seating to perimeter walls, feature fire place with open fire, wooden bar servery with 9 dispensers, ecr, chiller units and optics display.

TV Room with carpeted flooring, large tv, exposed beams, perimeter seating, bar server with 8 dispence points and log burner.

The games room has tiled flooring, large tv, 2 electronic games machines, digital jukebox, pool table and dart board.

Ladies and Gentlemen’s toilet facilities.

Stylish Restaurant with carpeted flooring, wooden tables & chairs for 31 covers and gas fire.
The fully commercial equipped kitchen has recently been refurbished with new appliances including a 6 burner range, stainless steel preparation area, stainless steel extraction system and wall cladding, 3 x double fryers, 5 x microwaves, griddle, double chiller, double sink, industrial dishwasher with built in cleaning system.

Freezer store with 2 chillers and 2 freezers and additional dry store.

Cooled cellar area.

First floor
On the first floor is the owner’s accommodation which is a substantial 3 bedroomed flat with bathroom, lounge and kitchen.

The guest rooms briefly comprise:-
Room 1 – double, en suite – shower wc basin
Linen room
Room 2 – family room – double and single, en suite, bath shower, wc, basin
Room 3 – double room – en suite bath, shower, wc basin
Room 4 – twin room, en suite, shower, wc, basin
Room 5 – double, en suite, shower, wc, basin, bay window and additional sofa bed
Room 6 – double room, carpeted, bay window, en suite , shower, wc, basin.

The second floor houses store rooms.

Externally the business is very well presented with car parking available for 12 vehicles at the front and 5 at the rear.

Tenure
We are advised leasehold.

The original lease is 15 years with 14 years remaining with a break clause in the lease agreement every 5 years. Rent is £25,000 per annum.

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