£2m Rhosneigr Hotel development approved in North Wales

Planning permission has been granted to develop the Rhosneigr Hotel, a new luxury 12-bedroom boutique hotel, combined with two luxury residential penthouses in the tourist town of Rhosneigr on the isle of Anglesey for the guide price of £2m.

It is reported that the project will extend to 8,848 sq. ft, over three storeys, with the hotel over the ground and first floor incorporating a restaurant, bar and 12 bedrooms. 

The two residential penthouse apartments will also occupy the second floor, each with two double en-suite bedrooms, a third double bedroom, a kitchen and a living area per unit, along with “panoramic” roof terraces for outdoor living.

The new hotel will be located within 150m of Traeth Crigyll Beach and 500m walk to Traeth Llydan Beach, with Anglesey Golf Club also less than a mile from the site. 

In addition, there will also be a car park for hotel guests and apartment users with capacity for 14 vehicles and an additional cycle parking facility.

Anglesey reportedly receives approximately 1.71 million visitors annually and tourism represents the largest industry sector on the island, contributing more than 4,200 jobs and £300m to the economy each year.

According to an independent feasibility study undertaken by Condor Hotels in July this year, during a stabilised year of trading the hotel would be expected to achieve occupancy levels of around 77%. 

Martin David, director of hotels and leisure at Graham and Sibbald, said: “This development represents a rare and unique opportunity to develop an exciting and inspiring property in a prime location. The hotel will offer unrivalled views of Traeth Crigyll Beach and the Irish Sea, as well as the Snowdonia Mountain range.

“This hotel is expected to bring about more local employment and will enhance the local tourist market offer and economy. We expect strong demand from applicants and buyers looking to invest in this highly sought-after tourist location.”