Albany Hotel, The Norton, Tenby, Pembrokeshire

£745,000

Guide price

  • Bedrooms: 26
FBM estate agents are delighted to offer for sale the Albany Hotel, moments from the iconic Tenby Harbour. The current owners have been running the business for the last 10 years and have built up an excellent client base of private bookings and coach excursions. Due to retirement they are looking to pass the business on to a new owner. The building itself is a fascinating and extensive grade II listed property with a 3 bedroom house with its own access and parking as the owner's accommodation.

The hotel itself has 24 ensuite bedrooms, a spacious restaurant and lounge bar on the ground floor. The space is sufficient to allow all guests to dine at the same time, with the commercial standard kitchen located on the same floor. The owner's have previously offered evening meals which could add a great additional revenue stream. To the rear of the property is a spacious patio garden which would be ideal in the summer for guest to enjoy the afternoon sun.

Occupying the entire corner of The Norton and St. John's Hill the property has excellent exposure for people entering the town from the north and while only being a short walk from the centre of town its position guarantees the guests a quiet night's sleep. The building itself would also be suitable for development (subject to relevant planning) and would suit an investor looking for potential conversion project. Rarely does the opportunity to purchase a hotel of this size in such a close proximity to the town centre present itself. For those looking for an established business, investment or simply a change of life move the Albany Hotel could be the perfect purchase.

Arrange viewing 01834 218083

Frank B. Mason & Co - Tenby

ST JULIAN STREET, THE BURROWS, TENBY, DYFED

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