Seaside Porthcawl hotel comes to the market through Christie & Co
Specialist property adviser, Christie & Co is delighted to bring to market Atlantic Hotel, a 19-bedroom recently refurbished property located in Porthcawl, Bridgend.
Porthcawl is a popular tourist location which benefits from being near the sandy Blue Flag beach at Rest Bay and the Royal Porthcawl Golf Club. The stunning beaches of Ogmore and Southerndown are within a short drive and are a magnet for outdoor enthusiasts and walkers all year round. The town also benefits from visitors to Coney Beach Fair which is a popular Amusement Park situated five minutes away from the Atlantic Hotel.
Atlantic Hotel is arranged over three a storey detached building, with the trading areas and kitchen having been recently upgraded to a high standard at a cost of £250,000 to the benefit of the new owner. The hotel is situated near several beautiful beaches stretching along the charming South Wales coastline and is a popular holiday destination with plenty to do for all the family. Properties within this area rarely become available as they often remain within the same family for generations.
Our client, Phil Booth, purchased the business over 15 years ago and it has very much been a family run business. However, due to retirement and the family’s other business commitments the property is now being offered to the market, providing the rare prospect of acquiring a hotel in this area.
Phil comments, “The Atlantic Hotel has a long history and we as a family are very proud to have etched our chapter during the last 15 years of its tenure. We have had many great times along the journey with many functions and gatherings, as well as the everyday moments with customers creating everlasting memories. We believe it is the right time to offer this opportunity for a new leadership and direction, along with our best wishes to the next occupier so that they may too experience the same level of enjoyment we have.”
Corrina Jones, Senior Business Agent at Christie & Co is handling the sale and comments, “The Atlantic Hotel offers a superb opportunity for a new operator to move into a premium location within the South Wales region. Properties at this stunning location rarely become available and we are excited to offer this business to the market off a guide price of £1.8m for the freehold interest.”
For further information on this press release, contact:
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com
