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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.

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

  • Fitness Centre
  • Pool
  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 77 £71.00 -
  • Listing ID: 28772157

  • Date on Market: 16/06/2023

  • Last Updated:

  • Address: Pennal, Machynlleth SY20 9JY

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