A hotel in Pembrokeshire, which is currently closed, is on the hunt for new owners after the property fell into administration for the second time.
The Penrallt Hotel in Aberporth Bay has gone on the market for £500,000, with Colliers International instructed by Joint Law of Property Receivers Frank Wessely and Chris Newell from Quantuma LLP to find new owners for the hotel.
Set in some 20 acres of landscaped grounds, the 26 bedroom hotel also has 11 cottage rooms and a detached leisure club and dates back to the early 1990s.
The bar and restaurant overlook the terrace and gardens and since opening has undergone a completely refurbishment, with the leisure club being home to outdoor and two indoor pools, two gyms and a beauty room and café.
Hotels director Peter Brunt says that the hotel gives experienced operators the opportunity to relaunch the business with an improved marketing platform to better drive trade.
He explains: “I had sold the hotel out of administration to the owners and am now hoping to do the same again – with happier consequences for this fantastic business opportunity.
“This is a superb Edwardian house overlooking Aberporth Bay offering sea views, outdoor activities and a chance to go dolphin watching. Business trade is likely to be stimulated by its proximity to the Parc Aberporth technology park created on the site of the former RAF base.”