13 bedroom hotel for sale

East Parade,Rhyl,LL18

£350,000

Property Description

Full description

Tenure: Freehold

13 LETTING ROOM SEAFRONT HOTEL - NORTH WALES
Situated in the coastal resort of Rhyl
3 bedroom owners accommodation
Premises had a complete rewire
Scope for further development
Ideal partnership opportunity
7 self contained flats to let
Genuine reason for sale
13 guest bedrooms
FREEHOLD


Location

This superbly presented hotel is situated in the heart of the prime letting district on East Parade in the beautiful & hugely popular seaside town of Rhyl, North Wales. The town of Rhyl has a vast amount of amenities such as shops, restaurants, luxury flats & a supermarket as its centre piece. Attractions include the SeaQuarium & the popular Rhyl Suncentre, an indoor leisure swimming pool featuring an indoor monorail, as well as Europes first indoor surfing pool and miniature railway around Marine Lake. Traditional shops adorn & run along the seafront & the Carneddau mountains can be seen from the beach. Rhyl can be easily accessed by road or rail with access from the A55 leading to all the major motorway networks including the M56, M53, M62 & M6. Rhyl railway station also has through trains to & from London, Crewe, Holyhead, Cardiff & Manchester.


Business History

Meridian Business Sales are delighted to offer for sale this superb hotel which has been established for over a century and has been in the careful hands of our clients since 2003. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that they generate a respectable annual turnover which is derived from the letting of welcoming and well presented guest rooms as well as offering complimentary breakfasts. The hotel is extremely popular due to its' location in the business district and its forward bookings run well into 2014. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Available on request


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Terraced 5 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Reception/welcoming area

Open lounge with seating area and fitted bar

Dining room with ample dining tables & chairs for approximately 26 covers

Fully fitted kitchen

Linen room

Guest bedroom - Family room with en-suite

LOWER GROUND FLOOR
Owners Accommodation
3 double bedrooms
Lounge
Bathroom
Fully fitted kitchen
Bathroom
Store room
Office

FIRST FLOOR
Guest bedroom - Single room standard
Guest bedroom - Family room with en-suite
Guest bedroom - Family room standard
Guest bedroom - Family room standard
Guest bedroom - Family room standard
1x flat let with lounge, bedroom, bathroom & kitchen

SECOND FLOOR
Guest bedroom - Family room standard
Guest bedroom - Family room standard
Guest bedroom - Family room standard
Guest bedroom - Double room standard
2x flat lets with lounge, bedroom, bathroom & kitchen

THIRD FLOOR
Guest bedroom - Family room with en-suite
Guest bedroom - Family room with en-suite
Guest bedroom - Family room with en-suite
2x flat lets with lounge, bedroom, bathroom & kitchen
Room currently used as commercial kitchen (could be converted into additional room)

FORTH FLOOR
1x flat let with en-suite double bedroom, kitchen and lounge
1x flat let with en-suite double bedroom with kitchen/diner

EXTERNAL
Rear parking for approximately 11 vehicles
Promenade to the front / Newly fitted fire escape


Nearest stations

  • Rhyl (0.3 mi)
  • Prestatyn (3.6 mi)
  • Abergele & Pensarn (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Rhyl (0.3 mi)
  • Prestatyn (3.6 mi)
  • Abergele & Pensarn (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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