The Lion Hotel in Llandinam, Powys, near the former home of 19th century industrialist David Davies, was purchased over two years ago.
It had previously been run as a successful restaurant and bar along the main A470 in the small village, drawing locals and tourists alike, before it closed in 2018.
Andrew Turner, partner of estate agents Morris, Marshall and Poole, said the owners, Mid Wales Leisure, had invested a significant amount in renovating the building.
He hired a professional pub interior designer to undertake the interior design.
“The Lion Hotel is a well-known 18th century pub and restaurant due to its location along the A470 North-South Wales main road, close to Llanidloes and Newtown. Since its purchase, the owners had intend to modernize it and completely renovate it before placing in the market as a commercial investment, ”Mr. Turner said.
“The result is breathtaking. It offers a person looking for a change in lifestyle or a family looking for a business opportunity the opportunity to move into a place ready to open.
The hotel now features a new bar and restaurant, two rental rooms with private bathrooms, three / four bedroom management apartments as well as two one and two bedroom residential apartments.
There are also five caravans planted next to the River Wye which passes by the pub. A beer garden has also been created.
“The property has a beer garden to the side, ample parking, space for a marquee to be erected for larger functions, in all hotel stands on a plot of 2, 6 acres, ”added Turner.
“Before the current owners bought the property, the hotel was successfully managed and enjoyed a good reputation for good food and hospitality.
“There are a number of nearby tourist attractions within an hour, Clywedog Reservoir, Hafren Forest, Powys Castle, the resorts of Aberystwyth and Aberdyfi, the Plynlimon range as well as numerous walks, cycle paths and nature trails.
“The region benefits from tourism and attracts tourists to the region for activities such as shooting, fishing, cycling, walking.”
The place is on the market for £ 695,000.