The Northwood Guest House (AA4*), 47 Rhos Road, Colwyn Bay, LL28 4RS
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Hotel
No floor / site plan
Key features
- Excellent lifestyle business
- 8 en suite letting rooms
- Two storey owner's detached cottage
- On site restaurant
- Situated in the heart of Rhos on Sea
- Potential for residential conversion (STPP). Energy Rating B
- Christie & Co Ref: 5646439
Description
A detached property arranged over two floors beneath a clay tiled roof. This lifestyle bed and breakfast has been refurbished during 2023, and comes to the market in excellent condition including four new flat roofs, patio and fully double glazed throughout.
LocationLocated in the heart of Rhos on Sea just off the main promenade and minutes’ walk from the sea front. The guest house is easily accessed off the A55, Junction 20 and is situated close to key destinations in North Wales including Llandudno (four miles), Colwyn Bay (1.5 miles) and Conwy (five miles).
Ground FloorEntrance, reception hall, lounge, restaurant with fitted bar servery, commercial kitchen, preparation room and store room.
Fixtures & FittingsWe are advised that all of the fixtures and fittings are owned outright and included within the sale.
Letting AccommodationThere are eight en suite bedrooms in total. One bedroom is located on the ground floor to provide wheelchair accessible accommodation with level access from the road and private car park. The remaining seven rooms are all located on the first floor. All bedrooms have central heating, flat screen Freeview TVs and hospitality tray.
External DetailsPrivate off road parking for six vehicles and unrestricted parking on the public highways surrounding the guest house. To the rear of the building is a recently renovated guest patio.
Owner's AccommodationA detached cottage is situated to the side elevation, comprising: three bedrooms and bathroom. The cottage has its own central heating system.
The OpportunityThe business has been owned and operated by our clients for the past 20 years who have taken the decision to sell due to retirement.
The trading business has excellent repeat custom with the majority of trade coming from tourism during the high season plus a good level of contractor trade throughout the winter. Currently trading as a lifestyle business, there is potential for a new operator to improve turnover by increasing occupancy levels and restaurant trade.
The current owners purposely trade below the VAT threshold. Trading information will be made available to seriously interested parties following a formal viewing.
Business RatesThe rateable value is £5,800 for the year commencing April 2023. In line with Welsh Legislation we have been advised the property is exempt from business rates.
RegulatoryPremises licence.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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The Northwood Guest House (AA4*), 47 Rhos Road, Colwyn Bay, LL28 4RS
About Christie & Co, Hotels
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.
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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.
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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.
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Disclaimer - Property reference 5646439-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.