Savills has been appointed on behalf of Palé Hall Ltd to sell the freehold of Palé Hall Hotel & Restaurant.
This unique hotel, which dates back to 1871, underwent a significant refurbishment in 2015, and comprises 22-bedrooms as well as an AA five red star restaurant. The beautifully designed property is situated near Bala in North Wales, nestled in the Dee Valley, on the edge of the stunning Snowdonia National Park. Offers in the region of £6m are invited.
Palé Hall Hotel & Restaurant, which is set within c.50 Acres of beautifully landscaped gardens, is arranged over basement, ground and two upper floors. It includes a grand hall, traditional reception room which boats views of the gardens, a library, relaxing bar, elegant dining room, fine dining restaurant, which has three rosettes and a Michelin green star, a breakfast room, staff accommodation, and 22 individually designed en-suite bedrooms.
Tom Cunningham, Director, Savills, comments:
“This is an excellent opportunity to acquire the freehold to a luxury, impeccably designed hotel which is finished to an exceptional standard and has strong fundamentals to provide a good return on investment. The hotel is the only one of its kind in the area and attracts visitors from all over the globe. There is also existing planning permission to re-develop two further outbuildings into serviced units, which could provide an extra 3-5 rooms or spa facilities.”
The property also benefits from a hydroelectric system, which was originally installed in 1921 and was upgraded with a new turbine in 2017.
