A development opportunity for a new holiday let and lodge scheme in Carmarthenshire has been brought to market with a £1.25m price tag.

The Old Pump House with a 4.6 acre site at Pembrey has been brought to market by specialist leisure property adviser Christie & Co.

Planning permission is already in place to create 16 holiday lets within the Old Pump House building and 23 luxury lodges on the site.

Gabriela Williams, business agent at Christie & Co, who is managing the sale, said “Demand for holiday sites is currently strong across the market. This is an excellent opportunity for an existing operator to expand, or a new-to-sector operator to build a bespoke holiday lodge and let business, in a very desirable coastal location, with passing traffic of over 400,000 visitors to Pembrey Country Park a year.”

Christie & Co has been instructed to market the Moelwyn restaurant and bed and breakfast venue in the seaside town of Criccieth with a £635,00 price tag.

The business has been family-run for over fifty years, and is on the market due to retirement.

Moelwyn was originally two Victorian townhouses. Planning permission has been granted to convert the building back to two houses.

James Dodd, business agent at Christie & Co, said, “This is an excellent opportunity to purchase a well-appointed hospitality business in a prime coastal location, with so many options for the new owner to continue expanding the business’ potential.”