A GRADE II listed hotel that has been under the same ownership for almost 30 years is on sale for £1m.

The AA three-star Caer Beris Hotel, on the edge of Builth Wells, is being sold by specialist business property adviser Christie & Co.

John Coggins of Christie & Co’s Cardiff office is handling the sale of the 23 bedroom hotel.

He said: "Caer Beris is a fantastic opportunity to acquire a profitable country house hotel in an area of outstanding natural beauty. This is a popular location for those wishing to enjoy outdoor leisure pursuits including walking, shooting and fishing, including having an exclusive 1,000 yards of salmon and trout fishing in the grounds.

"The hotel is ideally positioned to benefit from the numerous events hosted at the Royal Welsh Showground throughout the year and is also adjacent to the 18 hole Builth Wells golf course.

"The business enjoys excellent levels of trade and good levels of profitability but with significant scope for new owners to push the business forward by growing room sales and further develop the growing events trade to take advantage of the hotel’s breath taking setting."

The Grade II listed building dates back to the 19th Century when it was owned by the third Lord Swansea.

The remains of a Norman Motte and Bailey castle dating from the 11th century are also within the grounds.

Mr Coggins said the building has been sympathetically improved to provide well proportioned hotel accommodation.

The hotel also holds an AA Rosette for the quality of dining in its oak panelled 1896 restaurant and fishing rights on the River Irfon which cuts through its 25 acre grounds.