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Wye Valley Hotel in Tintern on the market for £650,000

Wye Valley Hotel in Tintern on the market for £650,000

The Wye Valley Hotel, which has been under the same ownership for 26 years, is now on the market for a guide price of £650,000, which has recently been reduced.
The hotel, marketed by Sidney Phillips, boasts a restaurant that seats 40 guests, a public bar with space for 30 patrons, and seven ensuite letting bedrooms along with a family suite.
The property also includes parking and gardens spread across 0.7 of an acre.
(Image: Sidney Phillips via Zoopla) The hotel generates an annual turnover of £293,000, excluding VAT.
The property's trade areas feature a reception hallway with a desk that provides access to the main trading areas.
The main bar has a heavily beamed ceiling, a carpeted floor, and a quarry tiled bar walk.
A feature open Victorian fireplace with a cast iron back fitting adds to the rustic charm.
Traditional fixed and loose seating can accommodate around 30 customers.
The bar is fully equipped with a panelled counter and display back fitting.
Behind the bar is an on-level beer cellar, and the inner hallway leads to a set of ladies' and gentlemen's toilets.
(Image: Sidney Phillips via Zoopla) The lounge bar and restaurant, located off the reception hallway, has a partially boarded and carpeted floor and its own fully equipped bar with a panelled frontage.
The room is divided into two sections with a reception lounge area furnished with leather bound sofas and chairs for up to 12 guests.
The rest of the room is furnished with Regency dining chairs at assorted tables, providing seating for up to 40 diners.
There is a large, well-equipped catering kitchen with a full selection of stainless-steel catering effects and work surfaces.
(Image: Sidney Phillips via Zoopla) The kitchen measures approximately 9m x 7m, has stainless steel-clad walls, and non-slip flooring.
It also includes a large 'walk in' freezer room and a separate wash-up area.
The former manager's accommodation located on the ground floor is currently used for storage.
This space includes a double bedroom and an ensuite shower room.
The first floor houses seven letting bedrooms and a family suite, all decorated to a high standard with full bedroom suites, coffee making facilities, and televisions.
Each bathroom has been recently refurbished.
Notably, one of the letting bedrooms is a suite comprising two bedrooms that are currently let as one.
The hotel stands on a sizable plot of 0.7 of an acre.
(Image: Sidney Phillips via Zoopla) The front of the property features a lined tarmac space for six vehicles, as well as seating for customers.
During the summer, the garden extends over the parking areas to provide additional garden facilities.
There is a side car park with lined spaces for 10 vehicles and a ramp leading to an 'overflow' car park with space for up to 20 vehicles.
Plans have been drafted and submitted to the planning department to convert the current restaurant into two self-contained apartments, each with two ensuite bedrooms and an open plan kitchen, lounge and diner.
The current owners have been advised that planning consent is not required as it is a conversion of an existing area, but all relevant Building Regulation Consents will need to be obtained.
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