North Wales hotel comes to the market through Christie & Co
Specialist business property adviser, Christie & Co has been instructed to sell the Eagles Hotel, situated in the heart of the lively market town of Llanrwst, on the edge of Snowdonia National Park in North Wales.
Located just four miles from the popular tourist resort of Betws-y-Coed, the substantial Grade II listed hotel occupies an idyllic spot on the banks of the River Conwy amongst the stunning Welsh Valleys and is central to many major tourist attractions.
Having undergone major refurbishment and extensions during 2013, the property is finished to a high standard throughout and retains the character of the property’s history. The hotel comprises 15 en suite bedrooms, two bars, a restaurant with combined capacity for 85 covers, and a large beer garden for up to 100 covers. With a private function room with seated capacity for up to 150 guests, the venue is also well-equipped to cater for weddings and events.
Additionally, the site boasts a two bedroom duplex self-contained owner’s accommodation comprising a kitchen, large lounge, study, modern bathroom/shower room and two large double bedrooms with far reaching views over Tu-Hwnt-l’r Bont, Gwydir Forrest and the Conwy Valley beyond. Externally there is a south facing secluded private sun terrace.
The property sits on a large plot with the vast outside space providing a car park for 32 vehicles, a children’s play area, a terrace with disabled access ramps, and three garages. Accessible via the main road, the Eagles Hotel occupies a prominent position in the town and enjoys the high level of footfall from visitors to the local area and the tourist hotspot of Snowdonia.
Current owners, Rupert and Rhonda Stevens, comment, “My wife and I bought the Eagles Hotel in April 2013 as a retirement project. Since then we have carried out extensive renovations and repairs to both the inside and outside of the hotel which include; refurbishment of all 15 letting bedrooms (the 16th is currently undergoing full refurbishment works and is soon to the completed), refurbishment of the two bars, restaurant, function room and bar and complete modernisation of the commercial kitchen. The building has been entirely re-wired, re-plumbed and has had a new fire system installed to comply with modern fire regulations. The property also benefits from having two modern Worcester commercial gas fired boilers for hot water and central heating.
“Since we arrived in Llanrwst we have had masses of support from the local community and have made many lifelong friends, however the time is now right for us to finally enjoy our retirement. Moving forward our intention is to buy a small property in the local area and to enjoy the Eagles as customers!”
Tom O’Malley, Senior Agent at Christie & Co who is handling the sale comments, “Rupert and Rhonda have done an amazing job in restoring the Eagles Hotel to its former glory and it has become the main focal hub of the town. With year on year increases to income, this is an attractive proposal for an experienced operator. Christie & Co have been involved in a high number of transactions for hospitality sites in North Wales over the last 12 months and there is still a strong demand for these assets”.
Christie & Co is seeking an asking price of £1million for the freehold interest of the Eagles Hotel.