A POPULAR pub-restaurant near Caernarfon Castle that once served as a post office has been put up for sale.
Y Castell, located just 100 metres from the historic castle, was built around 1827. The characterful town centre property now operates as a pub-restaurant with 11 letting bedrooms and a function room.
Y Castell has been owned by Gwyndaf Jones since 2011, who has decided to step back from running the busy venue and sell the leasehold. Mr Jones was diagnosed with advanced cancer last year.
The leasehold is being marketed by Christie & Co with an asking price of £70,000.
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Gwyndaf 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.”
The sale presents an opportunity for a new owner to take the reins and continue building the business further.
There is the potential 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 magnificent views of the Menai Straight, Snowdonia, Caernarfon Harbour, Anglesey, and the castle.
James Dodd, Business Agent at Christie & Co, said: “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.”
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