Iconic 1930s Historical Hotel, Pub & Cafe | Redevelopment & Investment Opportunity
Located in the pristine wilderness of Wells, British Columbia, approximately 753 kilometres (471 miles) from Vancouver BC, the Wells Hotel is one of British Columbia’s newly renovated heritage country inns. Its consistent client base of tourists, outdoor enthusiasts, snowmobilers, and mining company employees makes the Wells Hotel a prime investment in terms of current performance as well as future cash flow potential.
This iconic hotel established in the 1930s has experienced increasing success over the years as the Wells District’s premium location for accommodations. For 84 years, this establishment has been a pillar of the town’s identity and continues to service the local Wells District as well as tourists visiting the Gold Rush town of Barkerville.
The property also features The Wells Hotel Pub, which is a major revenue generator and has contributed significantly to the hotel’s image as the center of hospitality for both locals and tourists. It is noted for having the largest single malt Scotch collection (345 bottles) in western Canada. Also available in the pub are a 1910 Brunswick pool table, a 1950s jukebox, satellite TV and numerous musical instruments that are frequently used by musicians and guests.
+ Iconic 1930s Historical Hotel with substantial renovations and improvements.
+ Most Prominent Property on Pooley Street.
+ Strong Tourist Season in both Summer and Winter.
+ Exceptional Cashflow Potential.
+ Close proximity to Troll Mountain Ski Resort.
The Wells Hotel is located in the Town of Wells in the Cariboo Country of central British Columbia, 750 km north of Vancouver, 135 km south of Prince George and 75 km east of Quesnel. Wells is the base for visiting the historic 1860s gold-rush town of Barkerville, a popular attraction for families and history enthusiasts. The nearby Bowron Lakes Provincial Park is a world-class canoeing destination.
The Hotel sits in the midst of miles of hiking, mountain biking, cross-country skiing, downhill skiing (Troll Mountain) and ATV/snowmobile trails, with breathtaking scenery on all sides. The area offers opportunities for gold panning, bird watching, fishing and hunting. Guiding companies and backcountry suppliers are available to help the adventurous take advantage of a number of these destinations and activities.
Between May and September, Wells sees over 100,000 tourists pass through on their way to Barkerville. Most visitors stay or camp overnight in Wells, which has an active arts and outdoor adventure life of its own. During the winter months, visitors come for the world-class cross-country ski trails, snowmobiling, and artistic and study retreats. During the summer visitors enjoy galleries and live performances.