Llandudno Seafront 11-Bed B&B with Stunning Views & Owner's Accommodation for Sale
Llandudno, Conwy
- Status
FOR SALE
- Date Submitted:
15/11/21
- Advert ID
285986
- Leasehold: £525,000
- Rent: £5
- Turnover: £120,000 (£2,308 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- High Turnover
- Prime Location
- Retirement Sale
- Fully Fitted
Business Details
11 Bed Virtual Freehold B&B in Central Location on Llandudno Sea Front
11-room sea-view B&B for sale - Leasehold
The B&B is located at probably, the best location in Llandudno, North Wales. It is a prime trading location on the promenade. The place has a stunning sea view overlooking the bay.
It is a profitable bed and breakfast business with a spacious two-bedroom owner’s accommodation. There are 11 en-suite letting bedrooms, a guest lounge, and a dining room. Located on the lower ground floor is a self-contained apartment. It comprises a hallway, lounge, dining room, modern kitchen, shower room, boiler room, and two bedrooms. There is a door that leads into the rear garden and rear exit for privacy.
The turnover for April 2019 was £110,281, adjusted trading profits circa £50.
We have had a high turnover throughout our nine and a half months of trading. It is a great opportunity for expansion.
We currently do not have an alcohol license.
We only operate as a B&B but, there is a growing demand for evening meals.
Please get in touch for more information.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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