Queens Head Hotel, Long Bridge Street, Llanidloes, Powys, Mid Wales, SY18

Busy Mid Wales Market and Tourist Town
Letting accommodation in separate block providing 4 en suite bedrooms
Lounge and public bar
Extensive four bedroom private accommodation
Scope to increase trade as currently operating on limited hours

The subject premises are located in a prominent location in the centre of Llanidlloes being a Mid Wales market town that enjoys much tourism during the busier summer months. The subject premises appear to be constructed in the main of stone and brick with rendered and colourwashed elevations and provide a public house with the benefit of letting accommodation that is positioned in a separate block to the rear of the property, thus making it self-contained and can be operated independently of the public house. The main property offers public house with two trading areas and large private accommodation above with five bedrooms and further scope for more letting rooms. To the rear is a letting block with four quality en-suite letting bedrooms. Private parking. The business has been operated by our clients for over twenty years and is only available for sale due to retirement. Current sales are circa £55,000 per annum on limited hours. There is huge scope increase pub trade and promote more accommodation.

The market town of Llandiloes has a population of 3,000 and stands in the beautiful rolling countryside of Powys, close to the border of Ceredigion. It sits astride the River Severn and is well known as being part of the gateway to West Wales Coastline from the Midlands. The surrounding area is ever popular with visitors and tourists seeking country pursuits within the Cambrian Mountains and Elan Valley, both being nearby. Just above the town is the Clwedog Reservoir which stands on the scenic mountain road connecting Llanidloes with Machynlleth. Pony trekking, mountain biking, fishing, cycling and walking are particularly popular pursuits within the immediate area and the town stands on the famed Glyndwr's Way Walk.

The Queens Head Hotel stands in the centre of the town amongst a number of hotel, leisure and retail properties. The property forms part of a terrace and appears to be constructed in the main of stone and brick with render and colourwashed elevations under pitched slate tiled roof to the main. The letting block to the rear was developed circa 2010 and is of 'new build' quality. The premises offer two separate businesses being the public house with the letting accommodation to the rear which is all but self-contained and can be operated independently.

Our clients have operated the business for in excess of twenty years and have decided to relinquish their interest due to retirement. There is undoubted scope for new operators to increase the level of business at the premises as our clients only operate the public house on a limited basis. There is certainly scope to increase letting accommodation with wider advertising.

TRADE AREAS
Front door leading to trading areas. BAR, with partially beamed ceiling, carpeted floor, feature Inglenook fireplace of brick construction with gas solid fuel burner effect fire installed. Fixed bench and loose seating for approximately 20. Bar counter from central servery. LOUNGE of similar decoration with bench seating for 20, pool table and dartboard. Bar from central servery. Central servery between both rooms for easy operation. LADIES and GENTLEMEN'S TOILETS. Access to back yard.

Basement of large KEG CELLAR with drop from the rear of the property.

LETTING ACCOMMODATION
There is a small FORECOURT leading to the letting accommodation with a timber constructed insulated STORE/LAUNDRY. Private parking for one car and bin store.

Located at ground floor is BEDROOM 1, DOUBLE, with EN-SUITE SHOWER ROOM. This has the ability to interconnect with bedroom 2 (so can be used as a family suite). BEDROOM 3, DOUBLE, with EN-SUITE SHOWER ROOM.

Located at first floor is a BEDROOM 2, a TRIPLE ROOM of excellent size with carpeted floor, modern decoration, EN-SUITE SHOWER ROOM. BEDROOM 4, TRIPLE, with EN-SUITE SHOWER ROOM. LINEN STORE which is in conjunction with the letting rooms.

OWNERS ACCOMMODATION
At first floor is the CATERING KITCHEN with tiled effect flooring, domestic and commercial catering equipment (not currently used). PRIVATE ACCOMMODATION comprising of LOUNGE (potential for commercial dining room) DOUBLE BEDROOM with EN-SUITE BATHROOM, bath with shower over, WC and hand basin. OFFICE (which could be a small single bedroom).

At second floor is BEDROOM 2, DOUBLE, BEDROOM 3, DOUBLE and BEDROOM 4, DOUBLE. BEDROOM 5, LARGE SINGLE with skylight. BATHROOM.

EXTERNAL
Small forecourt to letting block housing timber constructed LAUNDRY BUILDING. Single CAR PARK SPACE and BIN STORE

The business operates as a public house with rooms to the local population and large number of visitors to the area, especially those of outdoor country pursuits, being walking, cycling, fishing, pony trekking etc. The public house operates Friday to Monday, opening from 6.00 pm until close and only offering wet sales. It supports two darts, two dominoes and two pool teams.

The letting accommodation consists of four rooms being two triple and two double/twin and are offered on a nightly tariff excluding breakfast. The tariff is currently £70 double, £90 triple and £50 single occupancy.

Our clients accounting information for the financial year ending 31st March 2019 show sales, exclusive of VAT, of £54,547, working on a gross profit of some 62%. Our clients purposely operate under the VAT threshold, but is confident there is further trade to be enjoyed, should the new owners wish to develop the business.

FREEHOLD £220,000 to include the trade, furniture, fixtures, fittings, effects and goodwill. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.