Opportunity to invest – hotel room for sale in Wyncliffe House, located in the scenic coastal town of Fishguard in Pembrokeshire, Wales.
Originally a 19th Century mansion, Wyncliffe House offers guests an elegant yet welcoming environment that exudes sophistication. It currently comprises 60 bedrooms, all of which are en-suite and many enjoy sea views. An on-site restaurant, function room and regularly hosted family friendly activities make this hotel a hugely popular option for families looking to take a break on a budget. Not only is it popular with families, but due to the regular ferry service to Rosslare in Ireland it is also first choice for business travellers ensuring good occupancy levels all year round.
Fishguard is a popular town for tourists and boasts a wealth of activities as well as a beautiful coastline – it is on the edge of the Pembrokeshire Coastal Path, surrounded by Britain’s only coastal National Park. The town is ideally places for holidaymakers wishing to take a gentle stroll, or fitness enthusiasts who would prefer a more challenging hike.
Fishguard has also undergone a recent funding initiative to improve regional tourism including a two year project developed by the Fishguard Chamber of Commerce. In 2014 Pembrokeshire received £500,000 in investment projects through its Tourism Investment Support Scheme which brought about improvements to tourism facilities and an increase in hotel capacity.
19 cruise ships visited Fishguard Bay in 2016, and this number is set to increase in 2017 as the profile of the scenic area rises. There are also plans for a new 340-berth marina and associated businesses at nearby Goodwick, which will re-invigorate the area if approved.
Net Income Per Annum
Buy Back Option Year 10