A WELL-KNOWN family-run village shop in North Pembrokeshire has been put up for sale after more than half a century of ownership.

Letterston Village Stores has been instructed for sale through specialist business property adviser Christie & Co, with a freehold asking price of £465,000.

The popular store was built in 1974 and has been run by brother and sister duo Gerwyn Howells and Marilyn Griffiths for the past 20 years. The pair have now decided to retire.

The detached property includes a spacious sales area with scope to expand the business by introducing new product lines, as well as a large three-bedroom apartment above the shop, which could be used as owners’ accommodation or rented out for additional income.

Marilyn Griffiths said: “I have really enjoyed running the store. Our customers are fantastic, and I have made many friends over the years. It was a very hard decision to sell, but the time has come to think about the future and retirement plans. I have instructed Matthew McFarlane from Christie & Co to manage the sale process for me.”

Matthew McFarlane, Business Agent at Christie & Co, added: “We are delighted to have been instructed to sell this business by Marilyn and Gerwyn. It has been in the family for over 50 years and offers an exciting opportunity for either a first-time business owner or a multi-operator.”

The property is available freehold at £465,000.
For more information, visit: www.christie.com/3410544

A WELL-INTENTIONED policy to restrict profits in children’s care in Wales has backfired, allowing remaining providers to “make hay” and double their costs, a committee has heard.

Jake Berriman, leader of Powys Council, warned an “unforeseen” consequence has left councils with no choice but to cough up because other providers have fled the sector.

In February, the Senedd passed a law aimed at “eliminating” private profit – with looked-after children only cared for by the public sector, charitable or not-for-profit organisations in future.

Cllr Berriman said the Welsh Government’s phased move to restrict profit has seen private providers leave the sector and others have simply doubled their costs.

“We have to pay because there is no choice within the market,” he warned. “I think they are making hay while it is there to be made and the sun is shining.

“We’re paying the price for that and that was unforeseen.”

Giving evidence on the Welsh draft budget to the Senedd’s local government committee on November 13, councils pointed to the increasing demand and complexity of social care.

Jane Gebbie, the deputy leader of Bridgend Council, said: “We’ve got one placement for one young person across Wales at the minute, that’s £20,000 per week – that is excessive.”

Mary Ann Brocklesby, the Labour leader of Monmouthshire Council, added: “We’d all like to say that’s unusual – it’s not, it’s becoming standard. I don’t think there is a local authority across Wales that is not facing that kind of singular cost pressure.”

Cllr Gebbie said people are rightly angry about council tax rises amid a cost-of-living crisis, with poverty increasing demand for public services across the board.

The Labour councillor warned funding for prevention and early intervention has been cut over the years, with councils forced to focus on statutory services.

Cllr Berriman said: “There’s a great deal of nervousness around the potential of a roll-over budget of around 2%. Even at the 2.5% that has been modelled, that is opening a gulf – a shortfall in budget projections due to in-year pressures.”

He warned of £560m of pressures, “which clearly won’t be covered” by the 2.5% average increase for councils proposed in the Welsh Government’s draft budget.

Cllr Berriman added: “We’re looking nervously across the border at authorities in England which have had section 114 notices [effective bankruptcy] on them and we’ve seen the devastating effects that has as those authorities lose control over their budgets.”

The Liberal Democrat stressed: “We want to avoid that at all costs.”

He called for a “meaningful” funding floor to ensure no council receives an increase less than a certain amount, “reducing the impact of winners and losers out of the settlement”. Ministers have proposed a 2.3% funding floor in the 2026/27 draft budget.

Calling for an increase of at least 4%, Cllr Brocklesby told the committee council tax makes up nearly 40% of Monmouthshire council’s revenue and “we cannot keep increasing it”.

She said councils are expecting no let-up in constraints before the 2027 local elections.

The councillor told Senedd Members: “A roll-over budget, with a 2.5% increase, doesn’t give us confidence that we will be able to collectively meet all the challenges.”

The Welsh Local Government Association (WLGA) has warned of a funding gap of £436m based on a 2% increase, the equivalent of 14,000 jobs or a 22% average council tax hike. Adjusted for the proposed 2.5% increase, the budget shortfall would be about £400m.

Cllr Brocklesby also expressed concerns about increasing national insurance costs, which the Labour Welsh and UK Governments have only partially covered.

She told the committee: “It does mean we have to consider various cost savings across the board, including looking at our workforce. For some councils, that will lead to redundancies… in others it will result in reduced services.”

Cllr Berriman added: “Those frontline services, as ever, are suffering this year and will be suffering next year as a result of this unexpected cost and other cost pressures.”

He warned of a “painful picture”, with every 1% less in the settlement from central government resulting in a 3% council tax increase in Powys.

The council leader told the committee: “The cost pressures… are such that we are diminishing the local government offer and we just can’t carry on on that basis.”

Asked how councils will bridge the estimated £400m gap, Cllr Gebbie bluntly said: “I think the Welsh Government needs to tell us what they don’t want us to do.”

TOURISM bosses have warned businesses are being “bled dry” by red tape amid fears new licensing rules will drive small family-owned operators out of the market.

In written evidence to the Senedd, North Wales Tourism urged ministers to “slow down”, warning of a growing regulatory burden and a 30% business downturn in some areas.

Last week, the Welsh Government set out plans to license self-contained, self-catering accommodation on the back of reforms including a tourism tax and mandatory registration.

North Wales Tourism, which represents more than 1,300 businesses, stated its members feel the sector is being “bled dry” to fund other priorities without reinvestment.

The not-for-profit membership organisation warned additional red tape risks driving investment toward competitor destinations such as Ireland, France or Spain.

Appearing before the Senedd economy committee on Thursday November 13, Glenn Evans, who chairs North Wales Tourism, said the industry is already facing a “ream” of challenges.

Mr Evans warned of a lack of data on the sector, which is Wales’ largest private-sector employer, warning the bill has the potential to disrupt the marketplace.

“The consequential effects of it could be profound,” he said. “And of a scale as yet unimaginable or able to quantify as far as the Welsh Government is concerned.”

He agreed consultation and engagement on the tourism bill had been tokenistic.

Mr Evans, who runs hotels in Betws-y-Coed, Conwy, expressed concerns about the 182-day letting threshold to qualify for business rates instead of the higher council tax.

A self-catering operator for more than 25 years, he told the committee: “There is a cumulative impact, just the sheer volume of legislation to get our heads around.”

Mr Evans described layering a licensing scheme for some operators on top of registration as onerous, with some second home owners stopping letting due to the increased burden.

Charlie Reith, a board member of the Short-term Accommodation Association, suggested the tourism bill has been rushed through by Welsh ministers.

“We are concerned the Senedd is being asked to approve something without a clear evidence base and time to scrutinise,” he said.

He described the Welsh Government’s acknowledgement that it has been a “particularly busy time” for the tourism industry as a “huge understatement”.

David Chapman, executive director of UKHospitality Cymru, told the committee the industry has been “beset” by regulations over the past five years.

Mr Reith, who is also an Expedia group director, said: “If you’re operating a self-catering business, you’re facing much more regulation than you have done in previous years.”

He said operators face applying for planning permission, 100% increased council tax, removal of small business rates and tax changes for furnished holiday lets.

He told the committee: “Cumulatively, that is potentially thousands of pounds in additional costs… so any additional requirements or fees have to be seen within that context.”

Asked about a £75 annual licence fee, Mr Reith questioned the credibility of the indicative figure and described a £4.5m forecast of compliance costs as an underestimate. A previous evidence session heard fees in Scotland range from £205 to £5,698.

Mr Reith warned too many elements, such as details of the licence renewal process, are left to future regulations rather than set out within the bill providing certainty.

On enforcement, he suggested powers of entry and inspection set out in the bill were “too intrusive” and called for reassurance through guidance about how the powers will be used.

Mr Reith argued against plans to potentially make booking platforms criminally liable for ensuring thousands of operators display correct registration details.

Councils warned new licensing rules – which will come into force in 2029, if passed – could impact Wales’ ability to host major events by deterring casual hosts from renting out rooms.

In written evidence, the Welsh Local Government Association said small-scale providers usually absorb demand during the Six Nations and Royal Welsh Agricultural Show.

Council leaders warned informal hosts may simply withdraw their properties from the market if faced with more compliance costs, putting a squeeze on precious accommodation space.