A substantial public house and coaching inn boasting a busy town centre location in Ceredigion is being marketed for sale by specialist licensed property advisers Sidney Phillips.
The Castle Hotel is a prominent and well-known inn located within the busy town centre of Lampeter alongside a number of retail and licensed premises. Lampeter is a well-established market town, best known as being the smallest university town in the United Kingdom. It has a rich history which began with the Norman Conquest of Britain, with the original castle later becoming the foundations for the college buildings which still form part of the University Campus today.
The property comprises a lounge bar with seating for 50, games area, restaurant seating for 32 and nine en suite letting bedrooms. In addition it houses a three bedroom flat and car park.
The business has historically traded as a town centre pub and hotel to the local community and the large number of visitors to the area, let on traditional Brewery style tenancies. The opportunity has now arisen for a purchaser to acquire the freehold interest of the Castle Hotel off an asking price of £225,000, to include the trade fixtures and fittings.
For further information about this pub for sale, other pubs for sale or how to buy a business please call Sidney Phillips on 01981 250333.
(November 2021)