Prime Seaside 15-Bedroom Guest House with Private Parking in Llandudno, Conwy
Llandudno, Conwy
- Status
FOR SALE
- Advert ID
621935
- Reference
95267 / Rightbiz
- Call Agent:
- Freehold: £749,950 (Stock at valuation)
- Turnover: £200,000 (£3,846 per week)
- Profit: On request
Key Features
- Close to Local Amenities
- Retirement Sale
- Established Business
- Prime Location
Business Details
SHELBOURNE HOTEL, LLANDUDNO 16 BEDROOM HOTEL IN PRIME SEAFRONT POSITION WITH PRIVATE CAR PARK
Prime promenade location in Llandudno
16 ensuite letting rooms
Private car park at the rear of the property
Lift to all floors
2 bed owners' accommodation
Well established with strong and growing financial performance
SELLER REF 95267
The Shelbourne is located in a prime seaside location on Mostyn Crescent, Llandudno and is within easy reach of its famous sandy beaches, pier, Great Orme and Little Orme, Venue Cymru and a host of retail and hospitality outlets. The town has remained largely unchanged for over a century and boasts an elegant promenade, pastel-coloured hotels and impeccably authentic seafront architecture from the Victorian era. Each May Day bank holiday, Llandudno has a three-day Victorian Carnival and Mostyn Street becomes a funfair. Llandudno offers an array of shops, hospitality venues and entertainment whilst retaining the quality of a tranquil seaside resort.
Junction 19 of the A55 North Wales Expressway serves the town via the A470, with the A5 providing links to Snowdonia National Park. Â
The property holds an end terrace position and is set over five storeys. It is a Victorian era property with a sizeable carpark and lift access to each floor.
VIRTUAL FREEHOLD £749,950 to include goodwill and fixtures and fittings. Stock at valuation in addition.Â
The Shelbourne is held on a 999 year lease from 25th December 1945 with a ground rent of £16 per annum. Â
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Â Viewing strictly by appointment only.Â
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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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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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