The specialist hotels team at the North West office of Colliers International has been instructed to sell the Carreg Bran Hotel on the Isle of Anglesey by its private owner from an asking price of £1.3m.
Doug Barnett has owned Carreg Bran in Church Lane since 2006 and refurbished the property including the creation of a three-bed cottage for the owner or manager but now intends to retire from the trade.
The hotel is set in approximately four acres and has 29 bedrooms, conference and banqueting facilities for 250 people and parking for 120 vehicles. The hotel is a wedding and conference venue and generates annual turnover of £780,000 and is profitable. There is also planning permission in place to extend the hotel.
Neil Thomson, associate director, hotels agency at the North West office of Colliers International in Manchester, said: "Visitors from all over the world flock to this pretty town on the south west tip of Anglesey, famed for its name of Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch being the longest town name in Europe, which helps to assure all year-round trade from tourism and high volumes of corporate business because of Anglesey's strong commercial links."