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Abbey Road, Llandudno, Conwy (County of), LL30

£799,000

Business rates & charges may apply

Sidney Phillips Limited, North West
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SECTOR

10 bedroom guest house for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • 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

Description

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.

Energy Performance Certificates

EPC

Brochures

Abbey Road, Llandudno, Conwy (County of), LL30

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llandudno Station0.5 miles
  • Deganwy Station2.1 miles
  • Llandudno Junction Station3.0 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 94890. 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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