Well established hotel situated in Church Walk Llandudno

Undisclosed, Conwy

Status

FOR SALE

Date Submitted:

20/08/19

Advert ID

247747

Reference

lopr0_259381870 / Rightbiz
Asking Price: £575,000

LOCATION:

Llandudno is a most popular Victorian seaside town, filled with many shops, attractions and amenities, including the pier, theatre and conference center and ski slope. The North Shore has a sweeping bay with a lovely promenade, and there are many events taking place, especially during the busy summer months. The quieter West Shore has a beautiful sandy beach and coastal walks to nearby Deganwy and Conwy. Llandudno has access to mainline railway services as well as the A55 expressway. The town also provides 2 excellent retail parks, many schools, doctors and dental surgeries and a hospital. DESCRIPTION: Hotel is a Grade II Listed hotel situated in the heart of Llandudno, within walking distance of the sea front and local tourist attractions. The Hotel is highly rated on the hotel booking sites such as and , and has a welcoming reception with guest lounge, bar and spacious Dining Room with additional Lounge area, and working Kitchen. The versatile guest accommodation includes: 8 Double Letting Rooms, 2 Single Letting Rooms and Family Suite with 2 Bedrooms and Shower Room. There is also a private living area with Lounge, 2 Bedrooms and Shower Room. To the rear there is a Conservatory with access to the garden with seating and decked areas plus hot tub. The property also benefits from 2 off road parking spaces which is a huge advantage in the center of town. There is a restaurant on the ground floor which is rented from the owners of the building which provides an additional income. USES: C1 TERMS: £575,000 Virtual Freehold. This is a Grade II Listed leasehold property to Mostyn Estates on 2000-year term from 1900. There is a ground rent payable of £6 per annum BUSINESS RATES: Nil. However, all interested parties are encouraged to make their own enquiries with local authority STAFF: Family Run INCOME: The restaurant is rented out and the income is currently £16,250 per annum. ACCOUNTS: Available on request

London Properties on behalf of themselves and for the vendors of these properties whose agents they are, give notice that: (1) These particulars do not constitute a contract or an offer. (2) All statements made in these particulars relating to these properties are made without responsibility on the part of London Properties or the vendor. (3) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of these particulars. (4) London Properties or any person in their employment has no authority to make or give any warranty or representation what so ever in relation to these properties. (5) The above measurements were taken by a sonic measuring device and cannot be guaranteed to be 100% accurate.

LEGAL COST: Each party to bear own cost LOCAL AUTHORITY: Convy County Borough Council REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord. HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT VIEWINGS: Through London Properties by appointment only

Key Features
  • Close to Local Amenities
  • With Car Park
  • With Accommodation
  • Potential for Alternative Use
  • High Turnover
  • Central Position in Affluent Village
  • Prime Location
  • Established Business
  • Fully Fitted
  • Accounts Available
Contact Agent
Agent Name:
Advert Reference:
lopr0_259381870 / Rightbiz
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