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8-Bedroom Bed and Breakfast in Llandudno North Wales

Price:
Freehold - £324,995
Turnover:
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Seller Ref:
2649
Location:

Wales, Conwy, Llandudno

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Wales
Hotels for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular 8-bedroom bed and breakfast business in the delightful resort of Llandudno. The business was established by our clients in 1967 and is only now being placed on the market due to our clients' wish to retire. At present the business is run at a restricted pace to suit our clients, opening from April to October and offering bed and breakfast only. The business currently generates a turnover in the region of £10,176 per annum with a gross profit of 66%. A new owner could easily increase turnover by opening all year round, offering evening meals and introducing a website with on-line booking facilities. Little in the way of marketing and advertising is currently carried out. We are advised that the premises comply with all the latest fire regulations. The property benefits from 1-bedroom owners' accommodation to the lower ground floor and a garden to the rear with 2 outbuildings. The property is being offered freehold, which is rare in Llandudno as most properties are long leasehold, offering a new owner the possibility of applying for planning permission to extend to the rear. We feel this is a rare opportunity to acquire a well-established guest house in such a desirable and sought after area. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
Riviera Bed & Breakfast occupies substantial semi-detached Victorian premises on Arvon Avenue, just a short walk from Llandudno centre and promenade. The business benefits from a parking forecourt for 6 vehicles and ample on-street parking. Llandudno is the largest resort on the North Wales coast and enjoys many attractions, such as the Victorian Pier, promenade and four golf courses. The town's railway station is within easy walking distance of the guest house. The area is easily accessible via the A470, which leads to the A55 North Wales Expressway. Colwyn Bay lies approximately 6 miles away, while Conwy is approximately 5 miles to the south.
Trading Hours:
April - October Scope to open all year round
Accommodation:
Well-presented 3-storey semi-detached Victorian property with car parking to front, centrally heated and with CCTV system. Briefly comprising: Lower Ground Floor • Owners' accommodation, briefly comprising: • Bathroom • Double bedroom • Storeroom/utility room • Kitchen/dining room • Lounge Ground Floor • Residents' lounge • Dining room for 14 covers • Room 2: double with hand basin • Bathroom with shower, WC and wash basin First Floor • Room 3: Double with en-suite • Room 4: Double with en-suite • Room 5: Single with hand basin • Room 6: Double and single with en-suite • Bathroom with shower, WC and wash basin • WC with wash basin Second Floor • Room 7: Twin with wash basin • Room 8: Double with wash basin • Room 9: Single with wash basin • 2 x linen cupboards External • Car park • Rear garden with outbuildings
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