**Standout Features:**
- **Prominent Location:** Only 200 yards from Pembroke Castle, in a popular tourist destination.
- **Established Business:** 17 well-appointed ensuite bedrooms, consistent revenue growth (£790,364 in net sales with a 12% YOY increase).
- **Versatile Space:** Three separate trading areas, including a lounge bar and commercial kitchen.
- **Owner's Accommodation:** Spacious 3-bedroom suite, providing comfort and privacy.
- **Outdoor Space:** Courtyard garden for al fresco dining and large onsite parking.
- **Community Involvement:** Solid relationships with local businesses provide year-round trade.
**Notable Considerations:**
- **Historic Listing:** Grade II status may limit extensive renovations or extensions.
- **Market Context:** A historically well-kept business transitioning to new ownership after 70 years.
- **Area Dynamics:** Located in a town with above-average crime rates and noted deprivation issues.
**Summary:**
The Old Kings Arms Hotel is a lucrative opportunity for aspiring hospitality owners, uniquely positioned in the heart of Pembroke, a thriving tourist destination. With 17 ensuite bedrooms that have been tastefully redecorated and a high standard of presentation, this well-established business boasts a strong reputation and consistent revenue. Visitors are drawn not only by the proximity to Pembroke Castle but also by the inviting atmosphere created by the hotel's traditional features, rustic dining areas, and warm owner’s accommodation.
Offering the perfect blend of comfort and hospitality, this charming hotel is a rare find—operating on a freehold basis and ready for a new owner to harness its established trade alongside the predicted increase in local footfall due to upcoming economic developments. With potential for growth and community integration, this turn-key operation is ideal for buyers ready to seize an exciting venture in a historic setting. Don’t miss this unique chance to build on a long-standing heritage!
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