An Aberystwyth-based entrepreneur has acquired a local guest house after securing a £160,000 loan from the Development Bank of Wales.
Stuart Stephens has added Sunnymead Guest House on Bridge Street in Aberystwyth to his portfolio of local leisure and hospitality businesses which includes Bar 46.
The five bedroom guest house, which is currently being refurbished, was previously owned by hoteliers Janet and Windsor Morgan who are retiring after 26 years running the business.