Powys Market Town Hotel Sold by Sidney Phillips

Posted by Sidney Phillips on 22nd January 2021 -

The Greyhound Hotel, an attractive 19th Century hotel situated in the bustling market town of Builth Wells, has been sold through pub and hotel specialist, Sidney Phillips.

The Greyhound Hotel is prominent property that stands at the centre of Builth Wells. The town of acts as a commercial centre for a large surrounding area and is home to the Royal Welsh Showground which attracts thousands of visitors throughout the year for many events, the highlight being the Royal Welsh Show (Europe’s largest agricultural show). There are a huge number of other events that take place at the ground which ensure a large number of visitors throughout the year.

The wider area has been popular with outdoor enthusiasts for many years, especially those pursuing walking, cycling, canoeing and fishing. The outgoing owner of the Greyhound Hotel has built an enviable reputation for golf trips as part of ‘Heart of Wales Golf Breaks’ which has proved exceptionally popular and lucrative providing up to half of the accommodation income between the months of March and November.

The property boasts 11 well appointed en-suite letting bedrooms, a function room, lounge bar, restaurant, garden and car park, all of which have been well maintained over the years.

Sidney Phillips have sold the freehold interest of the Greyhound Hotel off an asking price of £495,000.

For further information about pubs for sale, pubs to let, how to lease your pub or how to buy a business, please contact Sidney Phillips on 01981 250333.