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The Wilton, 14 South Parade, Llandudno, United Kingdom, LL30 2LN

£660,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 14 bed, 4 Star B&B
  • Opposite sea front and pier
  • Net T/O YE 2019: £122,856. ANP: £60,669
  • 2 bed owner's accommodation
  • Parking: 7 vehicles
  • EPC Exempt
  • Christie & Co Ref: 5646729

Description

Description

The Wilton Hotel is an attractive rendered end terrace, five storey, Victorian Grade II Listed property with public areas on the ground floor, letting rooms across the upper floors, with owner's accommodation situated to the lower ground floor.

The hotel currently offers a 4 Star Bed & Breakfast service, with car parking to the rear.

Location

The Wilton Hotel is situated in the heart of Llandudno, upon South Parade opposite the sea front and Llandudno Pier. There are numerous restaurants and bars within walking distance, many less than 5 minutes away. and close to the North Wales Theatre being just 10 minutes walk along the promenade.

Llandudno is host to three large golf courses, the nearest being just 5 minutes drive from the hotel. Llandudno itself is easily accessible via the A55 Expressway, and situated approximately 5 miles from Conwy, and Colwyn Bay. The Snowdonia National Park is within driving distance, as are a number of historic castles throughout North Wales, and the North West including Chester, Conwy, and Caernarfon.

Internal Details

Ground floor:
Reception, guest lounge, breakfast room (20), small prep kitchen, wc, and storage rooms throughout.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Letting Accommodation

Comprising 14 bedrooms configured as:
first floor - 5 bedrooms
second floor - 4 bedrooms
third floor - 5 bedrooms

The rooms come in a variety of king size, double, single, twin, and family, all en suite, with flat screen tv's, and some with sea views.

There are two additional unused rooms that require work but have the potential to create a one bed en suite with lounge which could be used as additional owners/staff accommodation, or add a guest suite which would create more revenue, subject to regulations.

External Details

There are four parking spaces to the rear, with a further three spaces that our clients rent from Mostyn Estates.

Owner's Accommodation

Located on the lower ground floor comprising living room, kitchen (also used for the hotel), two bedrooms (one en suite), bathroom, laundry room, and office.

The Opportunity

The Wilton Hotel comes to the market for the first time in 18 years, and is in excellent condition throughout. This 4 Star B&B located in the heart of Llandudno making it an ideal place to stay, being adjacent to the pier and sea front, and just a few minutes walk from The Great Orme tramway and cable car station.

There is the opportunity to increase revenue by expanding upon the opening period, as the hotel is closed for almost five months during the year, including December. The hotel currently doesn't hold a licence to sell alcohol presenting the potential to offer a bar service.

Staff

The business is owner operated with a complement of three part-time staff.

Trading Information

Year end accounts 30 November 2019 (Pre-COVID) show a net turnover of £122,856, with an adjusted net profit including owners wages of £60,669.

Trading Hours

The hotel currently opens from April to October, and a few weekends during the month of November.

Tenure

A 999 year lease with Mostyn Estates from 29 September 1925.

Business Rates

The Rateable Value is £9,000 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

The Wilton, 14 South Parade, Llandudno, United Kingdom, LL30 2LN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llandudno Station0.4 miles
  • Deganwy Station2.1 miles
  • Llandudno Junction Station3.0 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Hotels

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Disclaimer - Property reference 5646729-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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