Book a Property Valuation
Property News September 10, 2021
     

Prominent Mid Wales B&B up for sale in ‘outdoor adventure land’

A prominent former Mid Wales 16th century pub and restaurant recently converted into a four-star bed and breakfast in the heart of Wales’ outdoor adventure land has been put up for sale.

 

The Bear in Rhayader, Powys, sits in the heart of the popular town for walkers, mountain bikers, and holidaymakers. It is just a couple of miles from the Elan Valley reservoirs, popular for outdoor enthusiasts.

 

The property includes five letting rooms, a family suite, and two self-contained self-catering units.

 

Andrew Turner, a Partner at selling agents Morris, Marshall and Poole with Norman Lloyd, said the business was an ideal opportunity for someone to move into.

 

 

Renovated to a high standard

“The Bear is an outstanding property. It was recently renovated and converted into the current B&B. What makes it’s a great opportunity is its location in the heart of an area popular with outdoor enthusiasts, walkers, fishing, and tourists,” he said.

 

“Even before the rise in staycations due to the pandemic, Rhayader has always been a popular destination for people wanting to explore the countryside. It’s also a hub for mountain biking and other outdoor experiences.”

 

The property was once a 16th-century coaching inn. It was a pub and restaurant before being recently converted to the B&B.

 

 

An exciting business venture in the heart of a tourism hotspot

The property includes a large car park and an outdoor seating area. It is in the town centre where there is an array of shops and cafes. Aberystwyth is just 34 miles away and the town is 11 miles from Llandrindod Wells where there is a railway station.

 

“The property has been refurbished to a high standard and would make a good business opportunity for someone looking to move into hospitality or expanding their existing business,” added Andrew.

 

The Bear also possesses awards including Trip Advisor Travellers Choice 2020 + 2021 (2 years running); Trip Advisor Certificate of Excellence every year since 2017 and the Hotels Combined Certificate of Excellence 2021.

 

The property is on the market for offers in the region of £520,000. More details can be found at www.morrismarshall.co.uk or by emailing llanidloes@morrismarshasll.co.uk or telephoning 01686 412567.

New employment opportunities as major Mid Wales office development acquired

Late 18th century Powys hall with orchard, paddocks and pastureland put up for sale

Well-known Mid Wales chip shop and restaurant goes on the market

Historic converted flannel mill for sale with 11 luxury apartments

Contact Us

Aberystwyth 01970 625020
Llanidloes 01686 412567
Associated London Office 0203 368 3986
Machynlleth 01654 702472
Newtown 01686 626160
Oswestry 01691 679595
Rhayader 01597 739994
Tywyn 01654 710388
Welshpool 01938 554818
Rural Department 01938 552371

About Us

Our residential, commercial and rural property teams are based at 10 offices in, Aberystwyth, Llanidloes, Machynlleth, Newtown,  Oswestry, Rhayader, Tywyn, Welshpool. Window display in Aberdyfi.

2019 © Morris Marshall & Poole | Registered in: England & Wales | Registered Address: Morris Marshall & Poole with Norman Lloyd, 28 Broad Street, Welshpool, SY21 7RW. | VAT Number: 159234749
All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy | Complaints Proceedure | RICS Client Money Protection Scxheme Rules | RICS Client Money Protection Certificate | Referral Fees