The Cambrian Inn, a restaurant, bar, and bed & breakfast situated in the popular picturesque harbour village of Solva, Pembrokeshire, has come to market through Christie & Co, with an asking price of £1.5m.
Situated within the Pembrokeshire National Park, an Area of Outstanding Natural Beauty, Solva and the wider area is a magnet for walkers, cyclists, campers and holiday makers looking to explore the unspoilt coastal scenery of the St David’s Peninsula.
The three-storey, extended period property dates back to the 1700s and recently has a complete renovation, with upgrades including a total refurbishment of the bedrooms and trade areas, and a new commercial kitchen, plumbing, electrical and fire alarm systems.
Stylishly finished throughout, the Cambrian Inn features a split trading area with a bar and dining room with capacity for over 80 covers combined. Utilising the site’s outdoor space, there is also a terrace to the front of the inn with additional seating for 36 covers.
Five well-appointed ensuite bedrooms comprise the bed and breakfast aspect of the business, and there is a newly built, one bedroom self-contained flat to the rear of the property, ideal for owner/management accommodation.
The Cambrian Inn benefits from being on a main road route to the cathedral city of St David’s, a major destination which attracts thousands of visitors every year, and is ideally placed to serve both passing trade and visitors staying in local camp sites and self-catering holiday units in the area.
The current owners Jeremy and Marzena Barton acquired the business in 2011 and have invested heavily in the property and business and are now looking at other opportunities in another sector. Jeremy commented, 'We have both enjoyed, along with the fantastic team who work at The Cambrian Inn, renovating the property and the challenge of building up the business to what it is today: a popular and profitable place to eat, drink or sleep.
'However, a mixture of other business opportunities and increasing family commitments mean we are looking to pass on ownership of this little gem to the next couple, family, or investor who can enjoy it as it is or take it to the next level.”
Corrina Jones, Business Agent - Licensed, from Christie & Co’s Cardiff office, who is handling the sale, commented, “The business has gone from strength to strength but there is still scope to increase revenue. Mr & Mrs Barton have only recently completed the refurbishments and there is further potential to increase trade.
'Current advertising is limited and they do not currently advertise on booking sites. This business would suit either an experienced operator looking to expand their property portfolio or a first-time operator looking for a lifestyle change.”
