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Craig Y Don Parade, Llandudno, Conwy (County of), LL30

£625,000

Business rates & charges may apply

Sidney Phillips Limited, North West
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SECTOR

14 bedroom guest house for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Eight letting rooms
  • Two family suites
  • Two additional letting rooms currently used as storage
  • Two bed owners accommodation
  • Private car park
  • Large Storage area
  • REF: 95358

Description

The Grafton Hotel is located on Craig-y-Don Parade in the charming Victorian seaside town of Llandudno. The property is located between the Great Orme and Little Orme, less than 1 mile from Llandudno's pier, in an enviable seafront position. It is within easy reach of Llandudno's two beaches, its town centre and its local amenities, and a stone's throw from Venue Cymru. Llandudno is served by junction 19 of the A55 North Wales Expressway which links directly to the town via the A470, whilst the A5 provides access to Snowdonia National Park. Llandudno Junction train station serves the town with connections along the North Wales coast and the North West of England.

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 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.

Energy Performance Certificates

EPC

Craig Y Don Parade, Llandudno, Conwy (County of), LL30

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llandudno Station0.7 miles
  • Deganwy Station2.1 miles
  • Llandudno Junction Station2.6 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 95358. 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 Sidney Phillips Limited, North West. 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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