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The Northwood Guest House (AA4*), 47 Rhos Road, Colwyn Bay, Wales, LL28 4RS

£495,000

Business rates & charges may apply

Christie & Co, Manchester
SIZE

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SECTOR

8 bedroom hotel for sale

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
  • Energy Rating B
  • Christie & Co Ref: 5646439

Description

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.

Location

Located 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 Floor

Entrance, reception hall, lounge, restaurant with fitted bar servery, commercial kitchen, preparation room and store room.

Fixtures & Fittings

We are advised that all of the fixtures and fittings are owned outright and included within the sale.

Letting Accommodation

There 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 Details

Private 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 Accommodation

A detached cottage is situated to the side elevation, comprising: three bedrooms and bathroom. The cottage has its own central heating system.

The Opportunity

The 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.

Trading Information

The current owners purposely trade below the VAT threshold. Trading information will be made available to seriously interested parties following a formal viewing.

Business Rates

The 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.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

The Northwood Guest House (AA4*), 47 Rhos Road, Colwyn Bay, Wales, LL28 4RS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colwyn Bay Station1.1 miles
  • Llandudno Junction Station3.3 miles
  • Llandudno Station3.6 miles

About Christie & Co, Manchester

The Chancery, 58 Spring Gardens, Manchester, M2 1EW

Christie & Co, Manchester

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

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Notes

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Disclaimer - Property reference thenorthwoodguesthouseresi. 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, Manchester. 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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