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Trevone Hotel, 10 St. Georges Crescent, Llandudno, LL30 2LF

£895,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 24 bed hotel
  • Sea front location
  • 2 bed owner's accommodation
  • Lift to all floors
  • Scope to increase revenue
  • Energy Rating D
  • Christie & Co Ref: 5646627

Description

Description

The hotel is an attractive 5 storey Victorian terraced building. There are in total 24 en suite rooms throughout the hotel with lift access to each floor. On the ground floor you have the public areas including reception desk, large bar, lounge, breakfast room with kitchen, with the owners accommodation situated on the lower ground floor. There is a front and rear garden, with separate owners entrance to the rear of the building.

The hotel is a Listed Building which is also set within the designated Llandudno Conservation Area.

Location

The hotel is located on the sea front promenade of Llandudno, the largest sea front resort in North Wales. The resort is famous for its long promenade and traditional pier, also benefitting from a wide range of shopping facilities, amenities and family attractions including the longest cable car ride in Britain. Llandudno can be easily accessed via the A55 expressway and is situated approximately 5 miles from Conwy and Colwyn Bay. The Snowdonia National Park is within driving distance of the property, along with a number of historic castles throughout North Wales.

Fixtures & Fittings

The majority of fixtures and fittings are included in the sale, however there will be a list of items to be excluded from the sale. An inventory will be provided to prospective purchasers.

Letting Accommodation

24 en suite rooms with lift access to all floors broken down as:

Lower Ground:
1 x Family Room
1 x Twin
1 x Double

Ground:
1 x Triple

Mezzanine:
3 x Single

1st Floor:
1 x Family
1 x Triple
1 x Double
2 x Twin

2nd Mezzanine:
3 x Singles

2nd Floor:
1 x Family
1 x Double
3 x Twin

Top Floor:
1 x Family
3 x Doubles

Owner's Accommodation

Situated on the lower ground floor is a 2 bed owners apartment with kitchen diner and bathroom along with further ancillary areas such as laundry room and large storage area. There is a rear owners garden with direct access to the private rear entrance.

The Opportunity

The Trevone Hotel is a 24 bed seafront hotel in the popular North Wales seaside resort of Llandudno. This long established hotel come with a 2 bed owners accommodation, ideal for a lifestyle buyer, with considerable scope for continued growth from an enthusiastic purchaser. Traditionally ran with a bed and breakfast service, the business would benefit from an increased bar and food operation and a more vigorous marketing policy to promote it.

Trading Information

Recent accounts have been affected considerably by COVID but previous accounts show a steady annual turnover of circa £140,000

Tenure

We have been advised that the property sits on the Mostyn Estate and has a lease with an original term of 999 years.

Business Rates

The Rateable Value is £14,400 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

Trevone Hotel, 10 St. Georges Crescent, Llandudno, LL30 2LF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llandudno Station0.2 miles
  • Deganwy Station2.0 miles
  • Llandudno Junction Station2.9 miles

About Christie & Co, Hotels

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

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5646627-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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