Merlewood | St Brides Hill
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Merlewood St Brides Hill
29 Room Hotel Saundersfoot SA69 9NP $1,898,710 ($65,473/Room)
Investment Highlights
- Established Hospitality Property
- Outdoor Heated Swimming Pool
- Located Within Pembrokeshire Coast National Park
Executive Summary
As well as the sandy beach and picturesque harbour, Saundersfoot has a range of shops, restaurants and pubs etc.. A comprehensive phased redevelopment of the harbour area has commenced. This will involve additional commercial units and marina etc.. This will further enhance Saundersfoot. Interested parties must make their own enquiries. The larger resort of Tenby is about two miles.
Merlewood Hotel is on the elevated south side of the village centre opposite the well known St Brides Spa Hotel. It has been in the same family ownership for well over 40 years. The owners are now selling in order to enjoy their well earned retirement.
The Hotel is profitable. However, it offers further potential in respect of opening throughout the year, creating a restaurant and functions including weddings. Subject to consent, there may be additional development possibilities re. the Grounds and Car Park as well as the Hotel itself.
Planning Consent has been granted by PCNPA to convert part of the Hotel into six self-catering Apartments - Ref: NP/17/0678/FUL. Three of the Apartments will be on the Ground Floor and three on the First Floor. No extension is required.
Merlewood Hotel is on the elevated south side of the village centre opposite the well known St Brides Spa Hotel. It has been in the same family ownership for well over 40 years. The owners are now selling in order to enjoy their well earned retirement.
The Hotel is profitable. However, it offers further potential in respect of opening throughout the year, creating a restaurant and functions including weddings. Subject to consent, there may be additional development possibilities re. the Grounds and Car Park as well as the Hotel itself.
Planning Consent has been granted by PCNPA to convert part of the Hotel into six self-catering Apartments - Ref: NP/17/0678/FUL. Three of the Apartments will be on the Ground Floor and three on the First Floor. No extension is required.
Property Facts
| Price | $1,898,710 | Building Class | B |
| Price Per Room | $65,473 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 11,781 SF |
| Tenure | Freehold | No. Rooms | 29 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 4/1,000 SF |
| Price | $1,898,710 |
| Price Per Room | $65,473 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 11,781 SF |
| No. Rooms | 29 |
| Year Built | 1960 |
| Parking Ratio | 4/1,000 SF |
Amenities
- Pool
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 29 | $89.87 | - |
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Merlewood | St Brides Hill
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