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The Elan Hotel West Street, Rhayader, Powys, LD6 5AF

Withdrawn Prior to Auction.
 

Guide Price £150,000 plus fees


Thursday 22nd October 2015

11.00am
Key Features
A Freehold Bar, Restaurant and Hotel Premises within a Picturesque and Popular Tourist Location, considered to have excellent trading potential
Withdrawn Prior to Auction.

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Commercial Property

Is Preliminary Lot

False

Location

The Elan Hotel, Ryayader, is set in picturesque countryside in Powys, Mid Wales. Located in the centre of this tourist town near the banks of the River Wye and just a short distance from the Elan Valley.
The property is situated just off the A470 leading from Builth Wells in the south to Maclynlleth in the north. Located fronting West Street (B4518) at the junction of the A470 and the A44, Worcester to Aberystwyth road. The property is considered to offer excellent potential providing accommodation to visitors including tourists, cyclists, walkers and anglers, all of which are attracted to this area.

On behalf of

On Instructions of the Joint Administrators

Property Description

The property comprises a two storey semi detached building, providing hotel and restaurant/bar accommodation and originally believed to date from the 18th Centrury.
The main building is constructed with stone elevations beneath a pitched roof. The rear of the property is a large two storey flat roof extension, believed to have been constructed in approximately 1970.
Internally, the property benefits from a main reception, bar trading areas, whilst to the rear there is the restaurant area, catering kitchen and WCs.
On the first floor there are 10 en-suite guest rooms, which are generally well presented and consist of two family rooms, six double bedrooms and two twin bedrooms. Outside, there is an elevated rear terrace, lawned garden and car park.

Property Type

Commercial Vacant Possession

Tag Line

A Freehold Bar, Restaurant and Hotel Premises within a Picturesque and Popular Tourist Location, considered to have excellent trading potential

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

All interested parties should refer to the Special Conditions of Sale within the legal pack for verification in respect of VAT.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure:



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