Guest House in Llandudno Conwy For Sale
Business Details
Guest House in Llandudno Conwy For Sale
Llandudno, Conwy, Wales
Advert Ref: 3298
Business Description
Preferred Commercial is delighted to offer for sale this busy bed and breakfast, which was established in 1865 and which has been in our clients' careful hands since 2002. The bed and breakfast is only now being offered to the market due to our clients' wish to retire. The business trades 10 months a year and generates a turnover in the region of £25,000 per annum with a gross profit of 80%. Our client offers 7-letting rooms on a bed and breakfast only basis, with 5 having en-suite facilities. We feel the turnover could be further increased by embarking on a modest marketing campaign, as currently none is undertaken. There is also scope to open all year round and perhaps by introducing lunch and evening meals. The business has an excellent reputation and a loyal customer base, enjoying much repeat trade. There is a website in place advertising the business and services provided, which we feel would benefit from on-line booking facilities. The premises have been well-maintained and have been fitted to a high standard throughout. There is 1-bedroom owners' accommodation with private bathroom. This is an ideal opportunity to acquire an already well-established bed and breakfast with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Business Status
For Sale
Property
Freehold
Location
Walsall House occupies substantial 3-storey Victorian premises, ideally located in a prominent trading position on the edge of the town centre of Llandudno, Conwy. The premises benefit from ample on-street parking and are surrounded by numerous residential properties. The town centre is just a short distance away and possesses a wealth of complementary shops, businesses and amenities. The seafront and promenade is nearby and there is a miniature golf course within easy walking distance. Llandudno is the largest tourist resort in North Wales and boasts many attractions, including the Great Orme, a cliff top cable car, and a Victorian pier. The premises boast easy access to the A-road network, including the A470 and the A55 North Wales Expressway. The town has excellent public transport links with numerous bus stops and a railway station. Colwyn Bay lies approximately 6 miles to the east, while Bangor is 22 miles to the west.
Premises Details
Substantial
3-storey bed and breakfast premises with 7-letting rooms and 1-bedroom owners'
accommodation. Briefly comprising:
Ground Floor
Reception area with hallway
Dining room with tables and chairs for up
to 12 covers
Snug
Owners' lounge, newly decorated
Owners' dining room
Kitchen with a range of fitted wall and
base units, 5-burner range, refrigerator and freezer
Utility room
First Floor
Owners' double bedroom with private
bathroom
Linen store
Room 3: twin bedroom with en-suite
shower, WC and wash hand basin
Room 4: double bedroom with en-suite
shower, WC and wash hand basin
Room 5: single bedroom with wash hand
basin
Second Floor
Room 6: double bedroom with en-suite
shower, WC and wash hand basin
Room 8: double bedroom with en-suite shower,
WC and wash hand basin
Room 9: double bedroom with en-suite
shower, WC and wash hand basin
Room 10: single bedroom
Bathroom with shower, WC and wash hand
basin
External
Enclosed rear yard
Trading Hours
Open February to November
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Financial Details
Freehold Price: £279,950
Revenue: £25,000 Annum
Net Profit: Undisclosed












