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Y Castell, a pub with rooms on Castle Square in Caernarfon, has been brought to market for £70,000.
Situated 100 metres from Caernarfon Castle, Y Castell was built in around 1827 and originally served as the town’s post office.
Today it serves as a pub-restaurant, with eleven bedrooms and a function room, and the business has established a strong, loyal customer base.
The sale presents an opportunity to develop a further five letting bedrooms, subject to planning consents, and there is expired planning permission for an extensive south-facing balcony to the rear, with views of the Menai Straight, Snowdonia, Caernarfon Harbour, Anglesey, and the castle.
Y Castell has been owned by Gwyndaf Jones since 2011. Jones said: “The business would be ideal for a couple with the drive to extend the room and food offerings. Recently, we were regularly mentioned in the Good Food Guide.
“Sadly, I was diagnosed with advanced cancer last year, and I will continue to receive treatment for the foreseeable future. As such I am no longer able to work. It is a great opportunity for a new operator, particularly being free of tie.”
James Dodd, business agent at Christie and Co, who is handling the sale, added: “Y Castell represents a rare opportunity to acquire a landmark hospitality business in the heart of Caernarfon.
“With its rich history, prime location, and scope for expansion, it offers incoming operators a chance to build on a well-established foundation and take the business to the next level.”
