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 email@example.com or telephoning 01686 412567.