AN 11-bed hotel occupying a prominent position in a Powys town, but that is in need of updating, is back on the market – for a little under half a million pounds.

The Montpellier Hotel, in Llandrindod Wells, is available for £425,000, through estate agents Sidney Phillips.

The property, located on Temple Street, boasts 11 rooms, including 10 double rooms which are all en suite, as well as the feature Montpellier Suite, which has an additional lounge area.

The Montpellier comes with a two-bedroom owner/manager’s flat, and also offers two bars, a restaurant and function room, not to mention a trade garden, complete with car park.

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Described as a “substantial” property, the hotel has been closed for several years.

The property was acquired as an investment around 10 years ago and has subsequently been run by independent tenants. Recent trading figures are unavailable and prospective purchasers will therefore need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.

The Montpelier Hotel occupies a prominent corner position just south of the spa town’s centre facing the main road.

It is an elegant, stylish building arranged across five levels with feature rotunda corner which makes many interesting and delightful rooms within the building.

It is in need of some updating, but was completely re-roofed in 2012, has a full fire alarm system and current mains electrical certificate.

A premises licence is held permitting the retail of alcohol and live music between the hours of 11am and 1am.

The property, located on Temple Street, boasts 11 rooms.The property, located on Temple Street, boasts 11 rooms. (Image: Sidney Phillips)

The Montpellier Hotel, in Llandrindod Wells, is available for £425,000, through estate agents Sidney Phillips. The Montpellier Hotel, in Llandrindod Wells, is available for £425,000, through estate agents Sidney Phillips. (Image: Sidney Phillips)

Trade Areas

Entrance via entrance portico and tunnelled glass arch to the main entrance hallway, with the initial trading rooms beyond.

The lounge bar is an attractive room with assorted seating for 25 or so customers and has its own fully equipped bar servery. The restaurant is still furnished, having loose chairs and tables for 30 customers. It is a very light and airy room due to numerous windows.

At lower ground floor level is a local’s bar which has parquet flooring and its own fully equipped bar servery. When fully furnished it can cater for approximately 25 customers.

At this level is a function room, refurbished in 2019, which has Amtico flooring throughout, bar servery and, when fully furnished, can cater for 40 customers. The room has feature antique brick walls.

Located at upper ground floor is the catering kitchen with non-slip flooring, extraction canopy and a range of stainless steel catering equipment, with preparation room adjacent. There is also a dry store.

Described as a “substantial” property, the hotel has been closed for several years.Described as a “substantial” property, the hotel has been closed for several years. (Image: Sidney Phillips)

Letting Accommodation

This accommodation is arranged across first and second floors, although there are split levels due to the geography of the site.

10 double bedrooms (all en suite) including the feature Montpellier Suite which has an additional lounge area.

Owners Accommodation

At third floor comprising bedroom 1, with en suite shower room. Bedroom 2 with en suite bathroom. Lounge (again in the rotunda feature corner), kitchen with dining room off.

External

An external patio area sits at the front of the property which, when furnished and in good repair, can seat 40 or so customers. There is a rear compound off which is the on level beer cellar, general store and boiler room.

To the rear of the property is a tarmac car park with space for 18 vehicles.

Services

All mains services are connected and the property has the benefit of gas fired central heating in the bar areas. Independent convection heaters to the bedrooms.

Viewing strictly by appointment only and no direct approach is to be made to the business. Contact Sidney Phillips on 01981 250333 or email wales@sidneyphillips.co.uk.