Croft House, Tenby

£1,800,000

24 Bedroom Block of Apartments For Sale in Croft House, Tenby

  • LARGE PROPERTY ON THE COAST
    comprising 12 apartments with huge development potential

  • Holiday letting (current use)

  • Re-sell as individual apartments for immediate return on investment
    (all planning and leases in place)

  • Conversion to larger high spec luxury seafront apartments

  • Conversion to Boutique Hotel (previously a 20 bedroom hotel)

  • Return to two very spacious 4 storey town houses
    (as originally built)

  • OUTSTANDING SEA FRONT LOCATION
    in Wales’ premier resort of Tenby with direct beach access from the cliff-side garden

  • QUIET LOCATION yet just a short stroll from the heart of Tenby’s shops, restaurants, cafes and bars

OVERVIEW

A truly unique opportunity to acquire a 20+ bedroomed, gracious Georgian property that’s as close to the sea as it gets - boasting panoramic, unobstructed sea and harbour views with a private cliff patio and garden descending directly to the beach.

The first property on the end of a terrace of elegant Georgian buildings in Tenby, where other splendid Victorian and Georgian pastel coloured buildings house restaurants, cafes, public houses, art galleries, independent shops and boutiques - many within the historic Tudor walls – creating a vibrant community that has become a popular and discreet escape from city living.

Croft House is within easy walking distance to the town centre where a full range of everyday amenities is available.10 of the 12 apartments are currently holiday let (of the other two, one is occupied by the owner and one is unoccupied), but the true potential lies in the immense commercial opportunity that exists in further development of the building.HISTORYCroft House was originally two elegant Georgian residences built in the 1830’s, and has seen an interesting and successful history of conversion into commercial use.  The two properties were merged to create a comfortable, stylish hotel with 20 bedrooms run by the current vendors for many years before further conversion into a profitable holiday let complex in the late 1980’s.   During the 50 year period of family ownership the Grade 11 listed property has been well developed with ongoing renovation and improvements ensuring a fresh, modern look and feel to the property.  Overlooking Tenby’s North Beach the panoramic sea and harbour views from 8 of the 12 units is truly magnificent with the whole building benefitting from a private, cliff side patio and garden with direct beach access, and available off road parking to the rear. There is significant opportunity for development with a number of options that include:-selling the individual apartments as condominiums (planning/legal... Read more

Property Features

  • waterside

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Fine & Country Pembrokeshire

14 High Street
Narberth
Pembrokeshire, Wales
SA67 7AR
United Kingdom

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