The historic Llancaiach Fawr Manor venue has been brought to market by Caerphilly County Borough Council. Avison Young is marketing the leasehold interest in the grade I listed manor house and accompany buildings, located in the Rhymney Valley.
The venue, which dates back to 16th century, was closed by the local authority in December as part of cost-saving measures as it faced a £45m budget deficit.
In 2023/24 visitor numbers exceeded 61,000. The site’s current license allows for up to 5,000 visitors at any one time. The council secured funding from the Heritage Lottery Fund in 2013 to undertake renovations to the venue.
Prior to initiating a formal market exercise, the historic attraction received high levels of interest from potential third-party operators looking to run the site in a commercial capacity.
Leo Llewellyn, associate, Leisure at Avison Young UK, said: “We are very pleased to be supporting Caerphilly County Borough Council to bring this one-of-a-kind property to market. Steeped in history and carefully restored, Llancaiach Fawr Manor is a venue suitable for a range of uses, and we’re certain it will prove popular.
“Avison Young has already received interest from prospective operators and we’re looking forward to bringing forward these discussions, while engaging with other interested parties.
“We have a strong track record within the leisure sector, particularly in South Wales, and we’re delighted to be supporting Caerphilly County Borough Council to find the perfect operator to secure Llancaiach Fawr Manor’s long-term future.”
Jamie Pritchard, deputy leader of Caerphilly County Borough Council, said: “We are committed to exploring options for the future of Llancaiach Fawr Manor. Avison Young has extensive experience in marketing leisure and hospitality venues, and I have no doubt that we will have a lot of interest.
“The venue offers so much potential for new operators. What is certain is that the council will be looking for an operation that becomes a strong local economic driver and complements the existing leisure and hospitality offers in the county borough.
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