Plas Talgarth Holiday Resort Pennal 77 Room Serviced Apartment Machynlleth SY20 9JY £4,750,000 (£61,688/Room)
INVESTMENT HIGHLIGHTS
- Located on the edge of Snowdonia National Park, Wales' largest National park
- Situated within a 15-minute drive from the coast (St George's Channel)
- Spa facilities comprising four treatment rooms, a relaxation room plus pedicure and manicure stations
- 77 units comprising studios, one beds, two beds and three bedroom apartment totalling 184 bedrooms
- Attractive Grade II Listed Georgian Mansion House
- Held freehold and has been in the same ownership for 32 years
EXECUTIVE SUMMARY
Significant development potential comprising 15 lodges, residential apartments plus refurbishment to the existing bedrooms and reconfiguration of the leisure facilities.
The hotel is offered with vacant possession.
The hotel is offered with vacant possession.
PROPERTY FACTS
| Price | £4,750,000 |
| Price Per Room | £61,688 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Building Size | 31,281 SF |
| No. Rooms | 77 |
| Number of Floors | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.43/1,000 SF |
| Corridor | Interior |
AMENITIES
- Gym
- Swimming Pool
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 77 | £71.00 | - |
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