New owners double their portfolio with country house acquisition armed with new restaurant agenda

The Plas Maenan Country House near Llanrwst in North Wales has been snapped up by new owners, who are now planning to open a new restaurant on the site.

The nine-bedroom hotel in the Conwy Valley has been acquired by Mark and Amanda Richards, with the help of a £900k investment backed by Barclays, who are gearing up to launch Restaurant on the Rock, in a bid to attract more locals to the business.

The pair already own the Manor Hotel in Llandudno, which they have run for the last nine years, but admit they had ‘always had an eye on’ the Plas Maenan.

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The property is well established for weddings and private functions, but owner Richards says that they hope the new eatery will encourage people from the surrounding areas to come and visit.

He says: “We want to share this fantastic location with the local community and create a thriving vibrant restaurant, which we estimate, will account for 60% of our turnover.

“We have a first class chef who has considerable experience of working with top chefs such as Marco Pierre White and a passion for service.”

Mark added: “We tried to buy the Plas Maenan five years ago but it never happened and it may not have happened again without the fantastic support from Alison at Barclays.

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