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Markets Tavern Hotel
Free Street, Brecon, Powys, LD3 7BL
Annual Rent: £39,000
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Beer Garden
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External Drinking Area
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Letting Rooms
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Car Park
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Restaurant/Dining
Property details
The Markets Tavern is an impressive pub in the heart of Brecon, a traditional market town surrounded by the stunning scenery of the Brecon Beacons National Park – a hugely popular destination for visitors year-round. The town benefits from a strong local community and attracts tourists who come to explore its walking trails, outdoor activities, and historic charm. Brecon is also home to the world-famous Brecon Jazz Festival, which draws over 60,000 visitors each year. The town enjoys excellent transport links, with regular bus services connecting to Abergavenny, Hereford, and Cardiff, and easy access from the A40 and A470, making it convenient for both locals and tourists to reach.
Upon entering the pub, guests are welcomed into a spacious main bar area featuring ample loose seating that creates a warm and inviting atmosphere. To the right of the bar, a dedicated dining area serves hotel guests as a breakfast room in the mornings and transitions seamlessly into a vibrant lunch and dinner space throughout the week. At the far end of the bar lies a designated darts area with multiple oches, alongside a corridor leading to the toilets. This section can also be adapted as an overflow dining area during busier periods. In total, the pub accommodates around 60 covers, and the restaurant can be closed off for private functions or events, providing an excellent opportunity to boost revenue.
The Market Tavern offers nine well-maintained letting rooms, which have been upgraded to a high standard and well well-maintained. Accommodation includes one single room, one family room with an en suite, two double rooms with en suites, and five double rooms with shared bathroom facilities. The rooms are currently promoted on external booking platforms such as Booking.com.
To the rear, a large garden with a staged area offers the perfect setting for live music and outdoor events, attracting both locals and visitors during the warmer months. The property also benefits from an on-site car park with space for approximately 10 vehicles, with additional capacity available at a nearby pay-and-display car park. Completing the offer are nine well-appointed letting rooms, providing a steady third income stream and enhancing the pub’s year-round appeal.
The private accommodation consists of two double bedrooms, one single bedroom, a bathroom, a living space or office and a kitchen.
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Cask Ale
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Catering Kitchen
Trading style
Currently, the pub operates with three main income streams. The nine letting rooms provide a consistent source of revenue throughout the year. The food offer is currently value-led, presenting an opportunity for a new licensee to develop it further and broaden its appeal. The bar is well stocked, featuring a good range of drinks including well-kept cask ales. Darts play a key role in the pub’s entertainment, with regular teams, competitions, and events that attract both loyal and new customers. A weekly quiz night also helps drive footfall during quieter periods.
This is a fantastic opportunity for an experienced individual or couple to build on the strong foundations already established by the current licensees. The next licensee will need passion and drive to continue engaging with the local community and further cement the Market Tavern’s reputation as the place to be in Brecon. Developing a well-structured rhythm of the week will help attract new customers while maintaining the loyalty of existing ones. Attention to detail will be key in upholding high retail standards and ensuring a welcoming first impression. A strong social media presence and effective marketing plan will also be essential to promote events, offers, and the pub’s overall appeal. With food forming a core part of the business, catering experience would be highly beneficial, supported by a well-equipped kitchen that enables a quality food offer to thrive.
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