12 bed Hotel / Guesthouse for Sale

• VERY SUCCESSFUL PROMENADE GUESTHOUSE
• FREEHOLD - EPC C - COUNCIL TAX BAND C, BUSINESS RATES -£375.59 PA
• 10 BEDROOMS AND 2 FAMILY SUITES
• EXCELLENT LOWER GROUND FLOOR, SELF CONTAINED
• TWO BEDROOMED OWNERS APARTMENT
• PLUS A HUGE GARAGE/WORKSHOP
• SMALL PRIVATE CAR PARK FOR 4/5 CARS
• LOCATED ON ICONIC PROMENADE OF LLANDUDNO

REDUCED TO OFFER OVER £600,000 A very impressive and successful promenade Guesthouse with 10 Bedrooms and 2 Family Suites, all en suite bath/shower rooms. Excellent, self contained 2 bedroom Owners' Apartment, plus huge Garage/Workshop, small private car park withspace for 4/5 cars. OFFERED IN EXCELLENT CONDITION This is an established, well run business, located on the iconic Promenade of Llandudno with it’s sweeping bay linking the Gt Orme and the Little Orme. This highly popular resort is known as THE WELSH RIVIERA.

A VERY IMPRESSIVE & SUCCESSFUL PROMENADE GUESTHOUSE WITH 10 BEDROOMS + 2 FAMILY SUITES, ALL EN-SUITE BATH / SHOWER ROOMS 4 STAR B&B 5.0 TRIP ADVISOR 9.6 BOOKING.COM NET T/O 2022 £92,000 ON 9 UNITS WITH A HEALTHY ADJUSTED NET PROFIT THE OWNERS LIMIT THEIR TRADING PERIOD TO 5/6 MONTHS, THEY CHOOSE TO CLOSE DURING MAY /JUNE TO HOLIDAY THEMSELVES, THIS CLEARLY OFFERS GREAT POTENTIAL TO TRADE AT A SIGNIFICANT HIGHER LEVELS, 2018/19 SEASON WAS OVER £130,000 INCOME. THERE ARE ALREADY GOOD ADVANCED BOOKINGS. EXCELLENT, SELF CONTAINED TWO BEDROOM OWNERS’ APARTMENT, PLUS HUGE GARAGE/WORKSHOP. SMALL PRIVATE CAR PARK WITH SPACE FOR 4 / 5 CARS. OFFERED IN EXCELLENT CONDITION THOUGHOUT, WELL APPOINTED LETTING BEDROOMS AND EN-SUITE SHOWER/BATHS, NEWLY INSTALLED HEATING & HOT WATER SYSTEM Material Facts FREEHOLD - Land Registry Title No. CYM508958 NEW (May 2023) GAS CENTRAL HEATING AND HOT WATER, BOILER SYSTEM. Upvc DOUBLE GLAZING THROUGHOUT. SHARED REAR CAR PARK WITH SPACE FOR 4/5 CARS ENERGY PERFORMANCE RATING – C https://find-energy-certificate.service.gov.uk/energy-certificate/2627-1632-7140-9293-1289 BUSINESS RATES 2023/2024 RATEABLE VALUE £9100 PA RATES PAYABLE £375.59 PA WITH BUSINESS RELIEF DOMESTIC COUNCIL TAX – C PAYABLE 2023/2024 £1749.87 PA AHF May 2023 This is an established, well run business, located on the iconic Promenade of Llandudno with it’s sweeping bay linking the Gt Orme and the Little Orme. This highly popular resort is known as THE WELSH RIVIERA, for good reason with its beautiful beaches and bustling town centre, it provides an excellent base to explore the Conwy Valley and the Snowdonia National Park – Extreme Adventure & Activities, as listed in the Lonely Planet Guide. The current owners have now built up the business to a level where they can structure it around their own lifestyle and they limit the number of rooms let and the months they operate, this now allows them to operate below the VAT threshold. They both work within the business and only employ part time staff. The owners accommodation is excellent and occupies the whole of the lower ground floor with Lounge, Dining Room, 2 double Bedrooms, full Fitted Kitchen, Shower Room, Utility Room, plus a huge Store/Workshop. The business is being sold with the benefit of all the business fixtures, fittings and equipment, free of any encumbrances, this does not include some personal items, nor does it include the contents of the owners accommodation. We understand from the owners that advance booking are up on last year and a similar trading year is expected for 2023.