A vast slice of Welsh history has been placed on the market as a freehold estate, combining operational businesses, commercial tenants and development potential in one of Britain's most distinctive heritage and tourism destinations.
The 1,900-acre site centres on the historic Ffestiniog Quarry, which dates back to 1836, and sits within the UNESCO Slate Landscape of Northwest Wales, in the heart of the Eryri (Snowdonia) National Park.
What the Estate Includes
The portfolio includes four operating businesses: the 24-bedroom Plas Weunydd Hotel, year-round glamping facilities, two hydroelectric power stations and a specialist cheese storage business. Below ground, the estate features historic chambers and 25 miles of subterranean tunnels.
Income also comes from several commercial tenants, with Zip World, one of Britain's foremost adventure tourism operators, as the principal occupier. Other tenants include Northern Welsh Quarries, which continues a slate processing tradition spanning nearly 200 years, and Antur Stiniog, recognised as one of Europe's premier downhill mountain biking venues.
Expansion Opportunities
The estate presents defined opportunities for growth, including further hotel accommodation, wellness-focused tourism initiatives, enhancement of hydroelectric operations and future rental increases tied to growing visitor numbers.
Alastair Altham, chairman of the company and descendant of the site's founder, said: "We are profitable, successful and immensely proud of the business we have rebuilt over the last decade. It is time for the business to expand and develop for the next phase of its long and distinguished history, an expansion that will require new capital and therefore new shareholders."
Sale Process
Tom Glanvill, head of leisure brokerage at Christie & Co, said: "We are excited to bring this exceptional opportunity to the market and expect to receive interest from a wide range of possible buyers. The property has a unique blend of industrial history, a vast acreage, strong passive revenue streams, renewable energy income and a hotel in one of the United Kingdom's most beautiful National Parks."
Jonathan Watson, director for investments at Christie & Co, added: "From an investment perspective, opportunities of this nature are exceptionally rare. The site combines contracted rental income, operational earnings and multiple avenues for future growth within a single asset."
The property is available on a freehold basis, with prospective buyers invited to submit offers directly to Christie & Co.
