31 Ensuite Bedroom Hotel In North Wales | | Llandudno Conwy | | Promenade seafront location A/T: £263,000 on only 10mths GP 76.5% 2-bedroom owner's accommodation Huge scope to develop Fitted to a very high standard | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31812
ADVERT IMPRESSIONS : 17,944 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £849,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Brig Y Don Hotel is situated in a prominent and highly desirable trading location on Central Promenade, within the famous seaside town of Llandudno in North Wales. The business occupies a prominent seafront location with picturesque views over the bay and boasts easy access to the railway station, shopping centre and theatre, all of which are within walking distance of this excellent hotel. Llandudno is also the ideal starting point for tours into the wonderland of Wales, such as Betws-y-Coed, Nant Ffrancon Pass, Conwy, Caernarfon and Snowdonia, which are all within easy motoring distance.
Business History
Preferred Commercial is delighted to offer for sale this very well established and respected hotel that has been in our client's hands for the past 9 years and is now being placed on the market due to semi retirement. During our client's ownership, the hotel has been fully refurbished and benefits from an OTIS 8-person electric lift to all floors, 31 letting bedrooms, 60-cover dining room/restaurant and residents bar/ballroom. Currently the business has an annual turnover of £263,000 achieving a gross profit of 76.5% on only 10 months trading. The hotel is run very much at a pace to suit and offers a new owner huge scope to build upon this already profitable business, with all year round trading, and opening the bar and restaurant to the general public. The business has coach booking until Christmas 2010 and could further benefit from a web site presence. This is a particularly attractive purchase as seldom do such well run businesses come to the open market that still offer a new owner scope to develop. Preferred Commercial must highly recommend viewing, as only by doing so can the true potential be realised.
Financial Details
T/O: £263,000 on only 10 months trading
GP: 76.5%
Opening Hours
10 months of the year
Scope for all year round trading
Accommodation Details
Substantial double fronted 5-storey townhouse. Briefly comprising:
Ground Floor
• Reception
• 2 x day lounges
• Dining room/restaurant with 60 covers
• Hallway
• Service kitchen
• Bedroom 1: twin with en-suite shower
• OTIS 8-person lift to all floors
Lower Ground Floor
• Commercial kitchen
• Residents bar/ballroom
• WC
• Private accommodation 2 x double bedrooms with en-suite
First Floor
• Bedroom 10: double and single with en-suite bathroom and sea view
• Bedroom 11: double with en-suite shower
• Bedroom 12: twin with en-suite shower/bath and sea view
• Bedroom 13: single with en-suite shower
• Bedroom 14: double and single with en-suite shower and sea view
• Bedroom 15: double with en-suite shower
• Bedroom 16: single with en-suite bath and sea-view
• Bedroom 17: twin with en-suite shower
• Bedroom 18: double and single with en-suite bath and sea view
• Bedroom 19: double with en-suite shower
Second Floor
• Bedroom 20: double and single with en-suite bath and sea-view
• Bedroom 21: double with en-suite shower
• Bedroom 22: twin with en-suite bathroom and sea view
• Bedroom 23: double with en-suite shower
• Bedroom 24: double with en-suite bath and sea view
• Bedroom 25: double and single with en suite shower
• Bedroom 26: single with en-suite shower and sea view
• Bedroom 27: twin with en suite shower
• Bedroom 28: double and single with en-suite bath and sea view
• Bedroom 29: twin with en-suite shower
Third Floor
• Bedroom 30: double and single with en-suite shower and sea view
• Bedroom 31: double with en-suite shower
• Bedroom 32: double and single with en-suite bathroom and sea view
• Bedroom 33: single with en-suite shower
• Bedroom 34: double and single with en-suite shower and sea view
• Bedroom 35: double with en-suite shower
• Bedroom 36: single with en-suite shower and sea view
• Bedroom 37: twin with en suite shower
• Bedroom 38: double with en-suite bathroom and sea view
• Bedroom 39: double with en suite shower
External
• 12 - 15 car parking spaces
• Single garage
• Outbuildings
• Laundry
• Smoking area
Tenure
Long Leasehold
Original 999 years
Ground rent £9.30 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1169 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
