A major mixed-use hospitality and development opportunity overlooking the Menai Strait has been brought to market with an asking price of £4 million.
Specialist business property adviser Christie & Co has been instructed to market Hotel Port Dinorwic, which combines existing hotel accommodation, residential assets and significant development potential.
The property is located in the village of Felinheli and occupies an elevated seafront position with far-reaching views across the Menai Strait.
The main hotel building includes a reception and bar area, lounge, conservatory, restaurant and swimming pool.
Its existing accommodation comprises eight en suite double bedrooms and three apartments, with many of the rooms benefiting from sea views.
The wider site includes a further 17 apartments and studios, three cottages and a Round Tower building containing two apartments, providing a purchaser with the potential to operate multiple income streams.
The property also presents several development opportunities, including the construction of new homes and the extension of its existing accommodation, subject to planning permissions.
Hotel Port Dinorwic occupies a prominent waterfront setting on the North Wales coast, close to popular tourist destinations, transport connections and the attractions of the Menai Strait and Snowdonia region.
The property has been used to provide accommodation for local people since the COVID-19 pandemic. Its sale now creates an opportunity for an investor, hotel operator or developer to acquire a substantial mixed-use asset with existing accommodation and further development potential.
Tom O’Malley, Director – Hotels at Christie & Co, commented, “The hotel has been under the same family ownership for more than 40 years and is now being offered to the market as part of the owners’ retirement plans. Having successfully secured a range of planning permissions for various redevelopment and alternative-use schemes, the owners believe this is the ideal time to present the opportunity to the market. The property is expected to attract broad interest from both established hotel operators seeking to continue its hospitality legacy and developers looking to capitalise on its significant change-of-use and redevelopment potential.”
Hotel Port Dinorwic is being marketed with an asking price of £4,000,000.
