Summary - CASTLE HOTEL, SOUTH ROAD SY23 1JW
9 bed 1 bath Pub
### Standout Features
- **Historic Charm**: Elegant Victorian property with period features, known as Castle Hotel.
- **Prime Location**: Situated near Aberystwyth’s bustling town center and coastal attractions.
- **High Revenue Potential**: Annual turnover of £289,000, with 50% from accommodation.
- **Accommodations**: 9 high-quality en-suite bedrooms, including sea-view options.
- **Flexible Space**: Large bar area with capacity for 60+ customers; potential for kitchen conversion in cellar.
- **Enduring Ownership**: For sale after 35 years of continuous family ownership; retirement sale.
### Summary
Capture the opportunity to own the remarkable Castle Hotel in Aberystwyth, a coastal university town known for its vibrant atmosphere and stunning sea views. This elegant three-story Victorian property features an open-plan bar capable of seating over 60 guests, complemented by a well-maintained cellar with ample storage and the potential for kitchen facilities. The property boasts nine high-quality en-suite letting bedrooms, including premium doubles and luxurious sea-view accommodations, perfectly positioned to cater to both tourists and university students.
While this gem presents a wealth of business potential, it’s important to consider the area's high crime rates and economic challenges. Nevertheless, the Castle Hotel's enduring charm and operational history make it an appealing investment for those looking to step into a thriving hospitality business without the burden of historic listing restrictions. With the current owners stepping down after 35 successful years, don’t miss your chance to secure this unique property—available now for £450,000. Act fast and envision your future in this iconic establishment within one of Wales's most sought-after coastal towns.
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