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Prime Seaside Guest House with 14 Bedrooms in Llandudno Conwy up for Sale

Llandudno, Conwy
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CONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATION Photo 1
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CONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATIONCONWY - FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATION
  • Freehold: £625,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Attractive Business
  • Prime Location
  • Accounts Available
  • With Car Park
  • Close to Local Amenities
  • Fully Fitted
  • Established Business

Business Details

CONWY FOURTEEN BEDROOM GUEST HOUSE IN SEAFRONT LOCATION

Established seafront B & B in North Wales' principal seaside resort of Llandudno

Eight letting rooms
Two family suites
Two additional letting rooms currently used as storage
Two bed owners accommodation
Private car park
Large Storage area

The Grafton Hotel is a four star guest house that has been operated by our client for the past 8 years. Under their ownership, it has been well maintained and invested in.  The business has its own website www.thegraftonhotel.com and is also listed on Booking.com and Tripadvisor where it enjoys occupancy levels in excess of 95% and boasts excellent reviews. Room tariffs vary depending on season but currently up to £160 per night including  breakfast.  The business sees much repeat trade due to its fantastic location and proximity to Venue Cymru. Despite the existing business being solid and sustainable, there are a number of easy opportunities to significantly increase sales. The current owners operate only 6 to 8 rooms so there is lots of scope if operating all 12 guest rooms to increase sales. The current owners also only trade for around 5 months a year so there is also lots of potential to increase sales by trading a longer season. The two storage rooms can be redeployed back to guest rooms again boosting sales. Additionally, the large garage / workshop could be developed into a variety of potential uses including a self contained apartment, subject to the relevant planning permissions. Trade accounts available upon request. 

FREEHOLD £625,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

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Energy Performance Certificate (EPC)

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Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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