COUNTRY HOUSE HOTEL. near ABERGAVENNY AN EXCELLENT DEVELOPMENT OPPORTUNITY AT THE GATEWAY TO THE BRECON BEACONS

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1 COUNTRY HOUSE HOTEL near ABERGAVENNY AN EXCELLENT DEVELOPMENT OPPORTUNITY AT THE GATEWAY TO THE BRECON BEACONS

2 SUPERB 4* COUNTRY HOUSE HOTEL IN c.19 ACRES 21 LETTING BEDROOMS AND STYLISH PUBLIC AREAS DETACHED 2 BEDROOM HOME FOR OWNER/MANAGER YEAR ENDED FEBRUARY 2017 EXPECTED TO SHOW c 900,000 NET REVENUE 1,950,000 FREEHOLD

3 A country house hotel should ideally have an impressive approach through lovely grounds, be an attractive building of elegance and grandeur and have stylish and interesting rooms both public and bedrooms. Llansantffraed has all of these, and a deep filled gravel car park that gives a satisfying crunch beneath your car tyres letting you know, if the gorgeous building was not indication enough, that you have arrived at a hotel of status. It also offers scope for potential further development, a lovely detached two bedroom owner or managers house and is situated on the eastern edge of a much visited National Park and in the well-known foodie destination of affluent Monmouthshire. The A40 is the main East/West Road in the region and runs across the top of the hugely popular, and much visited, Brecon Beacons National Park, taking traffic from the M5 and M50 all the way across to West Wales. Llansantffraed is very easy to reach from the A40 and it makes the wonderful countryside that provides such superb walking, fishing and sightseeing easy to reach for a huge catchment. It is also only just outside the main town of the region, Abergavenny, a well known foodie location with a sizeable population that provides leisure and business custom to the hotel. Our client was from a corporate hotel background when he bought the hotel in 1997 through us. Over the years he has invested in the business moving it forward. After 20 years he feels the time is right for him to hand over the reins and focus even more energy on other business interests.

4 The Property The origins of the property date from 1670 but the main building is from the mid 1800s with later additions and alterations. The main building is brick built beneath slate covered roofs and is arranged on basement, ground and two upper floors. It is Grade II listed. PUBLIC AREAS An impressive entrance up a wide stairway leads to a large hall with reception office to one side. The Bar which seats around 15 and the Clytha Suite, a large lounge that has a lovely aspect over the grounds towards the lake, share a back to back bar server and feature open fires. The whole space along the front of the hotel overlooking the south-facing terrace when all the doors are opened up is marketed as the Monmouthshire Suite. LETTING BEDROOMS 21 letting bedrooms to sleep 37, (1 Four Poster, 1 Suite, 15 Double/Twins, 4 singles). All have en suite bathroom and are equipped with telephone, flat screen TV, tea and coffee making facilities and hairdryer. There is wi-fi to the bedrooms.

5 SERVICE AREAS A well-equiped commercial kitchen with wash up and preparation sections, walk in chiller and ample storage, some in a service block adjacent to the kitchen. Staff changing room and laundry. In the basement are the wine cellar, beer cellar, lift plant room and further storage rooms. OWNERS ACCOMMODATION Situated in a very private location, a good distance from the hotel is a well-insulated timber single story house reminiscent of the Huf Haus style. This attractive building comprises vaulted ceiling living room, kitchen diner, utility room, two bedrooms and dressing room. There is also a large deck with views over the grounds and a hot tub. STAFF ACCOMMODATION Three static caravans on site, one three bedroom and two two bedroom. OUTSIDE A long driveway, that passes a particularly attractive small 15th century chapel, leads past a small lake to the hotel and provides a wonderful approach to this most attractive hotel and into a gravel surfaced car park. The site extends to approximately 19 acres, highlights of which, as well as the lake and manicured lawns are a walled kitchen garden of almost one acre with a 25m x 5m glass house and a well in the centre, and a helipad. Along the whole south facing elevation of the hotel overlooking the lawns, gardens and lake is a terrace accessible from all the rooms on this side of the hotel. In total the hotel grounds are approximately 19 acres (unmeasured).

6 SERVICES Mains electricity, three phase connected and mains water. Private drainage. LPG to kitchen. Electric heating. LICENCE Premises licence. WEBSITE A separate site exists for conference business, and another for weddings DEVELOPMENT POTENTIAL The freehold includes two cottages that are attached to the hotel, numbers 1 and 2 Llansantffraed Mews. Both are let on long (leases at a peppercorn rental but represent excellent medium/long term development potential. The owners have also considered the enlargement of the restaurant and creation of a separate bistro style restaurant as the next stage of development were they to be continuing. Detailed plans are available for viewing. In addition, a planning consent for a small static caravan site on the land was granted in the past and while it has now lapsed it demonstrates that the Local Planning Authority are supportive of applications seeking to develop the business. TRADE Management figures for the year ended February 2017 are expected to show net sales of c 900,000 an increase on the previous year. Further trading information will be made available to seriously interested parties, normally after a viewing appointment. GRADINGS AA 4* (81%) with two rosettes. The Welsh Rarebits Collection, Winner Best Place to Eat in the National Tourism Awards, Michelin Recommended and Listed in the Good Hotel Guide.

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8 PRICE 1,950,000 for the freehold complete with goodwill and trade contents, excluding personal items. Stock at valuation. ALSO AVAILABLE Our clients would consider, by separate negotiation, the Lodge house at the beginning of the drive to the hotel at the same time as the hotel. It is a substantial recently renovated four bedroom property with outdoor heated swimming pool. Further details and a guide price on request. DISCLAIMER FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. TO VIEW All appointments to view MUST be made through the vendors agents who are acting with sole selling rights. Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (March 2017) Colliers International is the licensed trading name of Colliers International Property Advisors LLP which is a limited liability partnership registered in England and Wales with registered number OC Our registered address is at 50 George Street, London, W1U 7GA. DIRECTIONS Travelling west on the A40 at the Raglan roundabout take Clytha Road (fourth exit) and continue west. After 4 miles the drive to the hotel will be signposted and is on your left. Abergavenny Newport Bristol London 5 miles 17 miles 35 miles 142 miles Peter Brunt LLB DipLE MRICS Director of Hotels Agency D: M: E: peter.brunt@colliers.com