Tue, 26 Nov 2019 | BUSINESS SALE
A popular country hotel at the gateway to the Brecon Beacons national park has changed hands in a deal brokered by real estate advisor Colliers International.
Llansantffraed Court, near Abergavenny, is a Grade II-listed property with 21 bedrooms situated on a 19-acre site with a lake, walled garden and helipad.
The site has origins dating as far back as 1670, with the main building being constructed in the mid-1800s. Since 1996, the hotel has been owned by Mike Morgan, co-owner and director of marketing consortium Welsh Rarebits Collection.
Morgan said he was choosing to sell Llansantffraed Court in order to focus on growing Welsh Rarebits Collection, which has a portfolio of nearly 40 luxury hotels in Wales.
“After 23 years, I just felt that the time was right to hand over the reins to someone else, and to focus my energy on my other business interests”, Morgan said, “But I am delighted that the sale has gone through and that a new chapter is about to begin for this grand property.”
Peter Brunt, Head of Hotels Agency at Colliers International, said: ‘’We’ll watch with interest to see what the future holds, the property has a great presence unique to Monmouthshire.”
“The previous owners have successfully run the property and now is the opportunity for the next chapter in its long history. The raise in popularity of these types of properties for wedding venues and exclusive hire events was demonstrated by the considerable interest received.”
Established 1841 grade II listed property pub, bed & breakfast rooms and further accommodation in Derbyshire.
LEASEHOLD
A hotel and tourist attraction set on 10 acres of land. The business is well-established and offers its services across the region. Based near major commuter roads, the business has a hotel for guests and a tourist attraction for day trippers. Under...
FREEHOLD
The sale offers a rare opportunity to purchase a beautifully presented property and business, which is trading well but with potential for expansion of the business.
FREEHOLD
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