17 bedroom flat for sale

An outstanding opportunity to acquire a highly successful and long established family run business and premises located in the heart of the historic town of Pembroke, literally 200 yards from Pembroke Castle, convenient to all major town amenities and encompassing a trading catchment area covering much of Pembrokeshire, to include the important power supply facilities at the Valero Petroleum Refinery and Pembroke Dock Power Station. Indeed, the business provides a triumvirate of highly successful aspects - notably the renowned restaurant, public bar facilities, and hotel lettings with 17 bedrooms. As an alternative, the property offers considerable scope for redevelopment - particularly of the rear section - into self-contained accommodation or apartment - subject to planning consent.There is evidence that the Old Kings Arms has existed, initially as a Coaching Inn, since early Tudor times and the main building most certainly exudes a gentle and atmospheric medieval character. Nevertheless, the hotel boasts up to-date modern facilities, to include comfortable resident owner or Manager's accommodation.Whilst the main building is of rendered solid brick and stone construction under a slate roof, the extensions to the rear are of traditional cavity wall construction.The public accommodation incorporates a Reception, flexible Bar/Restaurant areas, First Floor Function/Conference Room. 17 Letting Bedrooms (9 double and 8 single) all with ensuite facilities, parking area for 20 vehicles.Service areasCommercial Kitchen with Preparation room, Laundry etc.MAIN ACCOMMODATIONGround FloorFront Entrance Porch with double doors opening to the Inner Porch.The Kings Bar6.9m x 6.2m approx (22'7 x 20'4 approx)with fully fitted Bar area ..................Lounge Bar6m x 4.2m (19'8 x 13'9 )with covers for 20 and exuding much of the character and charm one would expect in a property of this age and design, with recessed fireplace, natural stone walls and beamed ceilings.Main Restaurant7.5m x 5.5m (24'7 x 18'0 )Part slate flag floor, recessed inglenook fireplace, beamed ceiling.Commercial Kitchen6m x 5.6m (19'8 x 18'4 )Fully fitted and providing 5 star grading for hygiene.Wash AreaPreparation roomStaff Changing room and wc.Main Reception Area4.2m x 3.4m (13'9 x 11'1 )providing access from the Car Park - fully fitted with curved twin level Reception desk.Ladies & Gents wc's.Landing AreaFunction/Conference room8.1m x 6.7m (26'6 x 21'11 )having bay window overlooking the town centre. Decorative recessed fireplace and access to Ladies & Gents wc. facilities.Residents Loungehaving recessed fireplace and adjacent Store room, together with Wash room. The bedroom accommodation is on two levels and offers 17 LETTING ROOMS, all with ensuite facilities.Further commercial accommodation includes a boiler room and housekeeping room.From the main first floor landing the staircase rises to the second floor and the private living, or Manager's accommodation.Sitting roomwith exposed A frame roof trusses and balcony overlooking the rear.Bedroom 1with ensuite facilities.Bedroom 2with ensuite facilities.Utility areaSeparate wc.Studywith internal staircase leading down to the private and recently re-fitted Kitchen.OutsideWithin the grounds is a large garden courtyard area which leads through an internal archway to the hotel car park, serving approx 20 vehicles.ServicesAll main services connected. The hotel is heated on a triple boiler system. None of the services has been tested by the Agents.Local AuthorityPembrokeshire County Council.Business RatesWe understand from the Valuation Office website that the rateable value is ?49,500 (52.6p rates payable in the ?), Purchasers should verify this information with the Local Authority.TenureFreehold interest.LicenceFull premises Licence.TradeAccounts for the year ended 30 September 2021 show net sales of ?489,251 and to the 30th September 2022 ?661,988.During the preceding years the proprietors have ploughed a significant sum into refurbishing the bedroom accommodation which suggests that no major expenditure of suchlike will be required for some time. Further details will be released to seriously interested parties usually at the point of viewing.Stockat Valuation.Websitewww.oldkingsarmshotel.co.ukViewingAll appointments to view must be made through the Vendors' Agents - R K Lucas & Son, 9 Victoria Place, Haverfordwest, SA61 2JX. Tel: 01437 762538.