A 19TH guesthouse that has only had three owners has been put on the market for nearly £700,000.

Bron-y-Graig, the four-star, eight-bedroom hotel on the outskirts of Corwen, is on sale for the first time in 30 years by Manchester property advisor Christie & Co. It includes a 22-cover dining room, William Morris décor, a large commercial kitchen and former horse stables converted into a self-catering holiday cottage.

The building is considered to be attractive to hospitality business owners, set within the wooded slopes of the Berwyn mountains and a short drive from the popular tourist towns of Betws-y-Coed and Llangollen.

Bron-y-Graig was built in 1888 as the family home of Robert David Roberts, founder of Welsh wholesaler Roberts & Co and later the High Sheriff of Denbighshire. Following his death, the property was inherited by daughter Christina who lived in the house until 1978 and was well-known in the community.

It has been owned by David Cowan and Judith Sansom since 1989 and operated as a guesthouse for 20 years. They are now seeking a sale to go into retirement.

“We previously operated the business as a 4-star hotel with a fully operational restaurant,” Mr Gowan said. “Recently, however, we have traded as a lifestyle operation. Potential purchasers, have, therefore a solid base upon which to develop the fully licensed business and re-open the kitchen for dining.”

Bron-y-Graig is on sale on a freehold basis with an asking price of £669,500.

Tom O’Malley, senior business agent for Christie & Co, who is handling the sale, said: “Bron-y-Graig currently attracts high levels of repeat custom from walkers, shooters, and tourists who enjoy the views of the Llangollen steam railway.

“With clear potential to develop revenues and take the business forward we expect to receive interest from potential owner-operators looking to run their own small hotel in a beautiful part of North Wales.”