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Guest house for sale
St. Marys Street, Tenby
£675,000
St. Marys Street, Tenby
£675,000
Price History
Initial price | £695,000 |
02/08/24 | £675,000 |
Price Change | -2.88% |
Description
This attractive Grade II listed hotel in Tenby, Wales, offers a unique opportunity to acquire a thriving business with vast potential for growth. Situated in the heart of the coastal town, the hotel boasts eight letting bedrooms with en-suite bathrooms, a reception room, breakfast room, and kitchen. The property features traditional character throughout, including beautiful cornicing and feature bay windows. The ground floor also includes an office, utility room, and the owners' accommodation, which comprises two apartments. The hotel is licensed and has planning consent to convert the property into five residential apartments, in addition to the top-floor owners' accommodation. With its prime location, stunning sea views, and established reputation, Myrtle House Hotel presents a rare chance to acquire a profitable business with potential for further development. The owners, who currently trade for only seven months of the year, are motivated to sell and are willing to consider offers. Viewings are highly recommended to appreciate the property's full potential.