The 37-room Pembrokeshire hotel for sale for just £500k

  • The Penrallt Hotel, in Pembrokeshire, is being billed as the ideal property with which to escape the rat race
  • The property was built in the early 1900s and is set down a long and very pretty tree-lined drive 
  • The hotel has undergone a very comprehensive refurbishment in recent years 
  • Its leisure centre includes one outdoor and two indoor pools, two gyms and a beauty treatment room

A 37-bedroom coastal hotel with a leisure complex and 20 acres of gardens has been put on the market – for just £500,000.

The Penrallt Hotel, which only costs a little more than the average London home, is being billed as the ideal property to escape the rat race.

It is also considerably cheaper than ‘The Tree House’, the derelict end-of-terrace home in the capital that was sold earlier this week for £554,000.

A 37-bedroom coastal hotel, pictured, with a leisure complex and 20 acres of gardens has been put on the market - for just £500,000

A 37-bedroom coastal hotel, pictured, with a leisure complex and 20 acres of gardens has been put on the market – for just £500,000

The Penrallt Hotel, which only costs a little more than the average London home, is being billed as the ideal property to escape the rat race

The Penrallt Hotel, which only costs a little more than the average London home, is being billed as the ideal property to escape the rat race

The hotel has undergone a very comprehensive refurbishment in recent years and the leisure centre includes one outdoor and two indoor pools, two gyms, a beauty treatment room plus a café/bar

The hotel has undergone a very comprehensive refurbishment in recent years and the leisure centre includes one outdoor and two indoor pools, two gyms, a beauty treatment room plus a café/bar

Estate agency Colliers International is looking for a buyer for the half-million pound hotel, which is currently empty

Estate agency Colliers International is looking for a buyer for the half-million pound hotel, which is currently empty

The Pembrokeshire hotel, which was built in the early 1900s, is set down a long and very pretty tree-lined drive and boasts original features including stained glass windows, balconies and imposing fireplaces.

There is also a bar and restaurant which overlook the terrace and gardens and a number of bedrooms have sea views.

The hotel has 26 bedrooms, but there are also 11 cottage rooms and a detached leisure club.

Estate agency Colliers International is looking for a buyer for the half-million pound hotel, which is currently empty.

Peter Brunt, hotels director at Colliers International, said: ‘This is an incredible opportunity to buy an Edwardian hotel set in nearly 20 landscaped acres on a long leasehold of 125 years for the typical price of a leasehold one bedroom flat in a central London location such as Kensington, Chelsea or Notting Hill.

Peter Brunt, hotels director at Colliers International, said: 'This is an incredible opportunity to buy an Edwardian hotel set in nearly 20 landscaped acres on a long leasehold of 125 years for the typical price of a leasehold one bedroom flat in a central London location such as Kensington, Chelsea or Notting Hill'

Peter Brunt, hotels director at Colliers International, said: ‘This is an incredible opportunity to buy an Edwardian hotel set in nearly 20 landscaped acres on a long leasehold of 125 years for the typical price of a leasehold one bedroom flat in a central London location such as Kensington, Chelsea or Notting Hill’

The holiday town of Cardigan is six miles away from the hotel while Swansea is 58 miles down the road

The holiday town of Cardigan is six miles away from the hotel while Swansea is 58 miles down the road

The hotel has a 125-year lease from 2014 and ground rent is set at £6,250 per year

The hotel has a 125-year lease from 2014 and ground rent is set at £6,250 per year

The view from the hotel is spectacular, with the Irish Sea glistening just a short distance away

The view from the hotel is spectacular, with the Irish Sea glistening just a short distance away

The hotel has undergone a very comprehensive refurbishment in recent years

The hotel has undergone a very comprehensive refurbishment in recent years

‘Penrallt is in receivership and is currently closed and the swimming pool drained, but the bedrooms and public areas are still in great condition, and there is huge potential for a good operator to make their mark on it and create a vibrant, successful business here.

‘It could represent a chance to escape the rat race for someone with hospitality experience living in London who has dreams running their own hotel, which they thought would never be possible to realise because they were unable to obtain the considerable capital required.’

The hotel has undergone a very comprehensive refurbishment in recent years and the leisure centre includes one outdoor and two indoor pools, two gyms, a beauty treatment room plus a café/bar.

It has a 125-year lease from 2014 and ground rent is set at £6,250 per year.

The hotel has some intriguing touches, such as stained glass windows, pictured

The hotel has some intriguing touches, such as stained glass windows, pictured

The holiday town of Cardigan is six miles away while Swansea is 58 miles down the road.

Mr Brunt added: ‘By way of comparison to what is on offer at Penrallt Hotel for offers over £500,000, I have just sold a 15 bedroom hotel called The Dial House Hotel in the Cotswolds off an asking price of £1.95million freehold and a 12 bedroom hotel near Bridgend in south Wales from an asking price of £935,000.

‘The sale for £554,000 at auction of a house in London covered by so much overgrowth it was dubbed ‘The Tree House’ serves to highlight the opportunity available at Penrallt Hotel, which offers 20 acres in good condition in Wales for the price of a house smothered in foliage in south east London.’  


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