B&B with restaurant in Gwynedd seaside town goes up for sale
A B&B and restaurant in Gwynedd has been placed on the market. Specialist business property adviser Christie & Co has been instructed to market Moelwyn Restaurant and B&B in the picturesque seaside town of Criccieth.
Moelwyn comprises a 28-cover restaurant, a bar, and an outside terrace, known for serving lunch and dinner against a dramatic backdrop of sea and mountain views. Alongside the restaurant, Moelwyn also contains six en-suite B&B letting rooms.
The restaurant is located just a short distance from the mountains of Eryri National Park and within walking distance of Criccieth Castle as well as shops, cafes and other attractions.
The property also includes a spacious three-bedroom home with two lounges, a kitchen and bathroom, which has historically been used as owners' accommodation.
The business has been family-run for over fifty years, and is on the market due to retirement, as the owners wish to pass the reins to the next generation.
Moelwyn was originally two Victorian townhouses. The agent said that planning permission has been granted to convert the building back to two houses if the new owner wanted a change of direction for the site.
James Dodd, Business Agent at Christie & Co, said: 'This is an excellent opportunity to purchase a well-appointed hospitality business in a prime coastal location, with so many options for the new owner to continue expanding the business' potential.'
Moelwyn's Restaurant and B&B is on the market with freehold asking price of £635K.
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