Summary - 29 MARINE TERRACE CRICCIETH LL52 0EL
11 bed 1 bath Guest House
**Standout Features:**
- Nine letting bedrooms and additional two-bedroom owner's accommodation.
- Newly renovated with a Victorian facade and high ceilings.
- Strong ratings: 9.6 on Booking.com and 4.9 on Trip Advisor; awarded 'Most Welcoming Guest House' in 2023.
- Ideal for tourism, close to attractions like Criccieth Castle and Snowdonia.
- ***Existing business operating for 8 months annually, leaving scope to expand.***
Situated in the picturesque seaside town of Criccieth, Awel Mor offers an enticing opportunity for investors or those seeking a lifestyle change. This charming Victorian guesthouse features nine letting bedrooms alongside a self-contained two-bedroom owner's accommodation, making it perfect for family living or on-site management. The property boasts a newly renovated breakfast room/bar and a residents' lounge, catering to the significant tourist influx drawn by the town's natural beauty, including its beaches and proximity to the North Wales Coast Path.
With a full Premises License for the sale of alcohol, the business enjoys an impressive reputation and a solid income base, operating efficiently for eight months of the year. Potential for growth is evident, as there is the opportunity to increase trade by opening the ninth letting room and extending the operational season. While the kitchen requires some updating – described as utilitarian with basic appliances – it's a noteworthy fixer-upper, allowing for customization to suit new owners' tastes.
Invest in this promising guesthouse today to create a harmonious work/life balance in a charming coastal community. The property is priced competitively at £540,000 for freehold ownership, including goodwill, fixtures, and fittings—an appealing prospect in a prime location with coastal allure. Don’t miss out on this unique opportunity; properties like this are in high demand and won’t last long!
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