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Castle Street, Caernarfon, LL55

£500,000

Overview

Superior Investment - Great Return  Ty Glyndwr is a new, fresh, modern hostel within a Grade II listed Victorian building in the centre of the Historical Town of Caernarfon. The hostel, cafe & bar are located just 50m from the C13th UNESCO designated Caernarfon Castle built by Edward I. The stunning property is at the heart of the old walled town, the walls of which border the beautiful Menai Strait. Built in 1815 Ty Glyndwr has been extensively refurbished inside & out to provide eclectic yet modern interiors while retaining its charm. The property boasts a number of options with detailed planning for a 32 bed bunkhouse, the revenue it has been generating has been out of this world(Approx £100,000), and can be shown on acceptable offer 

Additional features

  • Listed Building
  • Super Income
  • Located within the Castle Walls
  • En Suite Rooms
  • OnSite Bar and Cafe
  • Sea Views

Full description

Tenure -  FREEHOLD   Location -  CAERNARFON Llanberis 8 miles; Bangor 9 miles. Caernarfon (county town of Gwynedd) has much historic and cultural importance in North Wales. It is a popular tourist spot with its impressive 13th Century castle, well preserved town walls and delightful water front. During the season there are guided tours of the castle and special events including historic pageants. There is also a station for the Welsh Highland Railway, which passes through dramatic scenery, the village of Beddgelert and onto Porthmadog. Fishing trips are available from the harbour and another attraction within walking distance of the town centre is Segontium, a Roman fort and museum, housing many important finds. Caernarfon offers a wide selection of shops and places to eat and is close to the lovely beaches of the Isle of Anglesey and the Lleyn Peninsula as well as the mountains and rivers of Snowdonia, including the renowned mountaineering town of Llanberis at the foot of Mount Snowdon.   The Property -  Built in 1815 Ty Glyndwr has been extensively refurbished to provide eclectic yet modern interiors while retaining its Victorian elegance. The hostel will provide you with a relaxed and friendly welcome, they also offer dorm and private rooms as well as a family studio apartment.   The Bedrooms -  Ty Glyndwr has in total of 5 rooms. 3 x 8 bed dorms with shared facilities. A private room with a single bunk which sleeps 2 with the option of adding a cot bed for a young child or infant (shared facilities). A family unit with a large double bed and single and double sofa beds which accommodates a maximum of 6 (ensuite shower room and WC).    Other Amenities on site -   CAFE & BAR Onsite café serves the finest locally roasted coffees and wide selection of teas as well as locally produced cakes. Wherever possible locally grown / produced ingredients are used throughout the café and hostel. The basement bar stocks the best Welsh beers, ciders and spirits, has a great international gin menu and regularly host live music.   Income -  Approx Income can be shown on req

EPC


Not currently available

Floorplan


floorplan