£799,000
(£1.00/sq. ft)
Hotel for saleAbbey Road, Llandudno LL30
799,000 sq. ft
Business
About this property
Victorian seaside town of Llandudno
Substantial 10 bedroom luxury B&B
Front and rear trade gardens
Owners accommodation/private parking
Close to major tourist attractions
Retirement sale. Year-on-Year growth.
Seller ref: 94890
Bryn Derwen is located in the leafy tree lined Abbey Road under the famous Great Orme in the North Wales seaside town of Llandudno. The town offers 2 beautiful beaches and is famous for its architecture, pastel coloured seafront guest houses, Grade II listed pier, Great and Little Ormes and is within easy reach of Snowdonia National Park. Llandudno is served by junction 19 and 20 of the A55 North Wales Expressway and via the A470 with Llandudno Junction serving the town.
This elegant and substantial detached building dates back to 1878 and was built by the Grose family and is set over four-storeys of brick construction with cream render. The property features large bay windows and offers much character and charm and has overseen huge investment and renovation in recent times.
Due to our client's wish to retire they are reluctantly offering the Bryn Derwen for sale. The business has been operated by our clients for 9 years and continues to be maintained and invested in with modern decor and furnishings whilst in keeping with its original features. Bryn Derwen sees much repeat trade and year-on-year growth with occasional block bookings and occupancy rates in the region of 70% in season.
The business offers potential for growth by developing a further en suite letting room to the second floor and holiday let/apartment to the sizeable basement. Room tariffs range from £90 to £135 per night.
Bryn Derwen is an aa 5* Gold B & B a stone's throw from Llandudno's tourist attractions and has offered holiday accommodation for over 75 years as a boarding house, hotel and B&B. This is a fantastic opportunity to purchase a turn-key, successful business.
Full accounts will be made available to serious parties following a formal viewing.
All mains services are connected.
Local Authority: Conwy County Borough Council, po Box 1, Conwy LL30 9GN
Rateable Value as at 01 April 2023: £7,400
The business is subject to Small Business Relief
virtual freehold £799,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
999 year lease which commenced on the 25th December 1905 with an £18 per annum ground rent.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Substantial 10 bedroom luxury B&B
Front and rear trade gardens
Owners accommodation/private parking
Close to major tourist attractions
Retirement sale. Year-on-Year growth.
Seller ref: 94890
Bryn Derwen is located in the leafy tree lined Abbey Road under the famous Great Orme in the North Wales seaside town of Llandudno. The town offers 2 beautiful beaches and is famous for its architecture, pastel coloured seafront guest houses, Grade II listed pier, Great and Little Ormes and is within easy reach of Snowdonia National Park. Llandudno is served by junction 19 and 20 of the A55 North Wales Expressway and via the A470 with Llandudno Junction serving the town.
This elegant and substantial detached building dates back to 1878 and was built by the Grose family and is set over four-storeys of brick construction with cream render. The property features large bay windows and offers much character and charm and has overseen huge investment and renovation in recent times.
Due to our client's wish to retire they are reluctantly offering the Bryn Derwen for sale. The business has been operated by our clients for 9 years and continues to be maintained and invested in with modern decor and furnishings whilst in keeping with its original features. Bryn Derwen sees much repeat trade and year-on-year growth with occasional block bookings and occupancy rates in the region of 70% in season.
The business offers potential for growth by developing a further en suite letting room to the second floor and holiday let/apartment to the sizeable basement. Room tariffs range from £90 to £135 per night.
Bryn Derwen is an aa 5* Gold B & B a stone's throw from Llandudno's tourist attractions and has offered holiday accommodation for over 75 years as a boarding house, hotel and B&B. This is a fantastic opportunity to purchase a turn-key, successful business.
Full accounts will be made available to serious parties following a formal viewing.
All mains services are connected.
Local Authority: Conwy County Borough Council, po Box 1, Conwy LL30 9GN
Rateable Value as at 01 April 2023: £7,400
The business is subject to Small Business Relief
virtual freehold £799,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
999 year lease which commenced on the 25th December 1905 with an £18 per annum ground rent.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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