under offer
tenancy
High Street, Llanberis, Caernarfon LL55 4HB, UK
Approx. Total Ingoings
£33,750Annual Rent
£75,000The Heights Hotel is situated in the centre of Llanberis, the home of the Snowdon Mountain Railway and a honey pot destination within the Snowdonia National Park. The pub is extremely well known by both tourists and locals alike benefiting from all year-round trade particularly towards the traditional North Wales ‘season’. The Heights has a fantastic reputation with holidaymakers and locals alike due to the quality offer in the pub and facilities that aren’t available elsewhere in the area including eight letting rooms, conservatory area for dining, large car park and extensive beer garden. The pub and location provide a fantastic opportunity for an experienced publican with the opportunity to take full advantage of the multiple income streams and maximise them to their fullest potential.
The pub offers two traditional bar areas both of which are serviced by two separate bars and a delightful conservatory area dedicated to dining which allows for the separation of different customer groups. There is an opportunity to facilitate private functions or events within the pub with the three trading areas drawing in additional revenue. The pub also benefits from eight well-presented letting rooms accommodating the local walkers and tourists.
The pub boasts significant external trading areas with a rear beer garden overlooking the lake with delightful scenic views. To the front of the pub is a large car park with space for 45 vehicles, some of the car park has been converted to offer further covers and space to operate a large outdoor screen for events.
The private accommodation is in good condition and comprises of two bedrooms and a separate office.
Tenancy*
Beer Garden Private Accommodation Kitchen Parking Letting Rooms Restaurant/Food
Approx. Total Ingoings
£33,750
Annual Rent
£75,000
Fixtures & Fittings £30000
Deposit £18750
Stock & Glassware £10000
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.