The Stradey Park Hotel and Spa, situated on the Loughor Estuary in Llanelli overlooking the Gower coastline has been brought to market for £3.8m.
The four-star hotel benefits from a loyal clientele and attracts many tourists visiting the area’s sites, including the Jack Nicklaus Golf Course and Parc y Scarlets Stadium, and is said to have a reputation as one of the finest award-winning wedding venues in South West Wales.
Stradey Park Hotel and Spa is being brought to market by specialist business property adviser, Christie and Co. The hotel reception, main dining room and function rooms are located within the original stone built manor house.
Gryphon Leisure, which has owned the hotel since 2000, decided to put the property up for sale as the owners are retiring.
Angela Saunders of Gryphn Leisure, said: “We’ve loved every minute of our 18 years here. We had to re-invest heavily in the building when it was first bought and have continued to improve it, with the spa being one of the newest successful additions, and we’re about to open a new rooftop restaurant, The 1912, within the next couple of months.
“The business has continued to be strong – we’ve been amazingly lucky with the support shown by the community. We have benefited from staycationing, as customers have decided to holiday at home and not abroad in greater numbers, and that has given us some great success. Carmarthenshire has really developed as a holidaying destination in recent years, too.”
Corrina Jones, business agent at Christie and Co, who is handling the sale, added: “Opportunities of this prominence, size and quality are few and far between within South Wales. Stradey Park Hotel and Spa offers the ideal platform for an experienced operator to move to South Wales or expand their current offering in the region with the acquisition of this quality asset. We are pleased to have been given the opportunity to secure the right buyer for Stradey Park, who will continue to drive this business forward.”