Successful 4-unit Holiday Apartments in Llanrwst Conwy for Sale, Excellent Investment with High Returns
Llanrwst, Conwy
- Status
FOR SALE
- Date Submitted:
22/03/24
- Advert ID
608678
- Leasehold: £495,000
- Turnover: £91,000 (£1,750 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Potential for Alternative Use
- Established Business
- High Turnover
- Close to Local Amenities
- Attractive Business
- Small Business
- Offers Invited
Business Details
4 x successful holiday apartments
Key features
Glan Conwy House, Four Apartments Within A Six-Unit BlockCurrently Operated As Holiday Lets, Immaculate Condition ThroughoutBeautiful Location, Excellent Investment Opportunity, Impressive Rental Returns, Unique Investment, Long Lease Per Apartment
Description
Discover an unparalleled investment opportunity with Glan Conwy House - a distinctive ensemble of four apartments within a six-unit block, situated in the heart of North Wales.
Currently operated as holiday lets, these meticulously refurbished apartments offer an enticing prospect for both holiday accommodation and residential use. Boasting spectacular views of Llanrwst Bridge and the River Conwy, the property is strategically located near Snowdonia National Park and a myriad of attractions.
Each apartment, meticulously renovated and upgraded, exudes modern comfort within a tranquil countryside setting. From first-floor retreats to second-floor havens, these residences feature stylish furnishings and state-of-the-art amenities. A comprehensive refurbishment, including rewiring, plumbing, and new heating systems, ensures a seamless blend of contemporary living and Welsh charm. Also, each apartment at Glan Conwy House comes with a 999-year lease, offering long-term security with 986 years remaining.
The package includes all furnishings, fixtures, fittings, and upcoming bookings,website for direct bookings, Www.glanconwyhouse.co.uk . Examine the booking figures from April 1, 2023, to April 1, 2024, revealing a promising revenue stream. Manual Bookings, Direct Bookings, Booking.com, and Airbnb.com collectively contribute to an impressive gross income of £91,000
Based on a sale price of £495,000, this investment opportunity promises an attractive gross yield, making it an exceptional proposition for investors seeking a unique venture with strong returns. With its impressive location, upgraded interiors, and a proven revenue stream, Glan Conwy House stands as a smart and compelling investment choice.
Llanrwst, the charming market town where this unique property is nestled, captivates with its picturesque surroundings and cultural richness. The town's iconic Pont Fawr bridge and St Grwst's Church add historical allure, while outdoor enthusiasts can indulge in activities like hiking, cycling, and fishing. As a gateway to Snowdonia National Park, Llanrwst promises breathtaking landscapes.
This rare investment opportunity presents an excellent location, impeccable interiors, and remarkable rental returns. With the potential for further growth, this holiday block of apartments is a smart and compelling choice for discerning investors. Don't miss the chance to explore this unique venture - schedule your viewing today!
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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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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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