Fourcroft Hotel in Tenby has gone on sale with offers being invited over £1m.
The cliff top hotel, which overlooks the town’s popular North Beach and harbour, has been owned by the same family for more than 70 years since the early 1940s when it was converted back to a hotel.
The property is part of a listed Georgian terrace and comprises 40 bedrooms, a 100-cover Ossie Morgan restaurant, plus a conservatory, outdoor swimming pool and meeting rooms.
Peter Brunt, from Colliers International who is selling the Fourcroft Hotel on behalf of a private client, said: “With much of the town’s economy depending on tourism, Tenby has three huge factors in its favour: fantastic situation on Carmarthen Bay, great road communications via the M4 and half a dozen or more top notch tourist attractions within a very short distance.
“With major employers in the area, the hotel also offers well established commercial trade.”