MARINE HOTEL BAY Marine Hotel, 236 Road, Old Colwyn, , , LL29 9YH

At a glance Your agreement: Retail Partnership Tenancy

Potential turnover: £435,000

Guide Rent: £45,000 per annum

• Large pub on the beautiful North coast • Nine letting rooms, six of which are en-suite • Function room with own bar servery can accommodate up to 50 covers • Two bedroomed private accommodation, ideal for a couple • Discounts of up to £200 per barrel with an average of £160 per barrel

To talk to someone about this opportunity or for any general enquiries call or Overview of Marine Hotel email the recruitment team on: The Marine Hotel is a substantial traditional coaching inn in Old Colwyn, which sits on the picturesque North Wales coast. The pub boasts nine letting rooms, a good size function room, two bar areas, a restaurant, well-equipped trade 03333 20 00 36 kitchen, beer garden and car park. The two bar areas can accommodate 20 and 30 covers, with the restaurant seating a further 30 covers. The restaurant is also [email protected] used to serve breakfast to overnight guests utilising the nine letting rooms. The function room boasts its own bar servery and can accommodate up to 50 covers. The pub has excellent transport links being located less than a mile from the A55 North Wales Expressway in either direction making it the ideal base for tourists and contractors alike. There are several attractions on the doorstep of the pub including Eirias Park, Porth Eirias and Rhos-on-Sea Promenade. We are seeking an experienced publican or couple with the skills required to run this multi- faceted pub and develop the business.

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Regional Manager's thoughts on Marine Hotel Key features I am looking for an experienced publican with proven experience in driving accommodation trade and operating a high-volume pub with multiple income streams. The pub would be perfect for a multiple-site publican to add into an ü Cask Ale existing portfolio or for an experienced hotel manager looking for their own opportunity. Shaun Jackson, Regional Manager ü Trade Kitchen

Indoor trading area ü Restaurant The pub boasts two bar areas, which can accommodate up to 20 and 30 customers respectively. Each area has loose furniture, with the lounge bar ü Letting Rooms having more relaxed seating options and working fireplace. The restaurant can seat up to 30 covers and can be utilised as a small function room and is currently used as the breakfast room for overnight guests. The function room with own bar ü Parking servery is capable of hosting events with up to 50 covers and is perfect for small celebrations. The nine letting rooms above the pub vary from double to family sized, six with en-suite facilities. A well-equipped trade kitchen can produce a ü Beer Garden good homemade traditional food offer. Outdoor trading area ü Function Room To the rear of the pub is good size beer garden, with several picnic benches accommodating up to 30 customers. To the front of the pub is a car park with 2 Private Bedrooms space for up to 20 vehicles. Your living accommodation Location The private accommodation comprises two bedrooms, a lounge, kitchen and The Marine Hotel is in Old bathroom. Colwyn, situated along the North Wales coast and in the historic Our proposed agreement - Tenancy county of Conwy. There are several tourist attractions in the Potential turnover close vicinity including Eirias Park, £435,000 per annum Eirias Stadium and Rhos-on-Sea Promenade. Eirias Stadium sees This is our estimate of the potential annual turnover of the pub business. It does 15,000 people for the annual not include the financial benefits of any living accommodation, which you will Access All Eirias Music Festival need to consider. and is also the home of RGC 1404 Principality Premiership Partnership terms Rugby Union Team. Since 2012 Guide Rent: £45,000 per annum, payable weekly in advance. Eirias Stadium has hosted the Wales Rugby Union Under 20s Based on discount scheme PARTNERSHIP BAND K. home matches. The bustling town of Colwyn Bay is under two miles The proposed agreement: Retail Partnership Tenancy away and is a regional hub for many national businesses. Key terms available online here

We will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.

Estimated capital start-up £21,250 (excl VAT) Often referred to as ingoing costs. Includes stock & glassware at valuation, cash float and a deposit (calculated as 25% of £45,000), refundable at the end of your agreement dependent on your account being in good order. Up to two weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Estimated fixtures & fitting value Local competition £30,000 (excl VAT) Plough, Abergele Road, Colwyn To be discussed with the Regional Manager Bay, LL29 9LN (0.20 mi) Rateable value Red Lion, Abergele Road, Colwyn Bay, LL29 9PL (0.24 mi) £23,250 - For further information regarding the April 2017 revaluation, please visit Sun Inn, Abergele Road, Colwyn www.tax.service.gov.uk/view-my-valuation/search Bay, LL29 9PL (0.24 mi) Uniform Business Rate April 2018 49.3p (England) 51.4p (Wales). To establish Pen-Y-Bryn, Pen-Y-Bryn Road, the rate payable, please contact the relevant Local Authority. Colwyn Bay, LL29 6AF (0.89 mi) Park Hotel, Abergele Road, Colwyn Bay, LL29 7RS (0.93 mi)

For enquiries, call or email the team on:

03333 20 00 36 [email protected]