A PROMINENT former 16th century pub and restaurant in the heart of Wales’ outdoor adventure land has been put up for sale after recently being converted into a four-star bed and breakfast.

The Bear, in Rhayader, sits in the heart of the Elan Valley, in a town popular with walkers, mountain bikers and holidaymakers. It is just a couple of miles from the Elan Valley’s stunning collection of reservoirs, popular for outdoor enthusiasts.

The property includes five letting rooms, a family suite and two self-contained self-catering units.

Andrew Turner, a partner at selling agents Morris, Marshall and Poole with Norman Lloyd, said the business was an ideal opportunity for someone to move into.

“The Bear is an outstanding property,” he said. “It was recently renovated and converted into the current B&B. What makes it a great opportunity is its location in the heart of an area popular with outdoor enthusiasts, walkers, fishing and tourists.

“Even before the rise in staycations due to the pandemic, Rhayader has always been a popular destination for people wanting to explore the countryside. It’s also a hub for mountain biking and other outdoor experiences.”

The property was once a 16th century coaching inn. It was a pub and restaurant before being recently converted to the B&B.

The property includes a large car park and outdoor seating area. It is in the town centre where there is an array of shops and cafes nearby. Aberystwyth is just 34 miles away and the town is 11 miles from Llandrindod Wells where there is a railway station.

“The property has been refurbished to a high standard and would make a good business opportunity for someone looking to move into hospitality or expanding their existing business,” added Andrew.

The Bear also possesses awards including Trip Advisor Travellers Choice 2020 and 2021, a Trip Advisor Certificate of Excellence every year since 2017 and the Hotels Combined Certificate of Excellence 2021.

The property is on the market for offers in the region of £520,000. More details can be found at www.morrismarshall.co.uk, emailing llanidloes@morrismarshasll.co.uk or phoning 01686 412567.