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Business description
Preferred Commercial is delighted to offer for sale this popular 8-bedroom bed and breakfast business in the delightful resort of Llandudno. The business was established by our clients in 1967 and is only now being placed on the market due to our clients' wish to retire. At present the business is run at a restricted pace to suit our clients, opening from April to October and offering bed and breakfast only. The business currently generates a turnover in the region of £10,176 per annum with a gross profit of 66%. A new owner could easily increase turnover by opening all year round, offering evening meals and introducing a website with on-line booking facilities. Little in the way of marketing and advertising is currently carried out. We are advised that the premises comply with all the latest fire regulations. The property benefits from 1-bedroom owners' accommodation to the lower ground floor and a garden to the rear with 2 outbuildings. The property is being offered freehold, which is rare in Llandudno as most properties are long leasehold, offering a new owner the possibility of applying for planning permission to extend to the rear. We feel this is a rare opportunity to acquire a well-established guest house in such a desirable and sought after area. Early discussions with Preferred Commercial must come highly recommended.
Property information
- Property:
- Freehold
- Location:
- Riviera Bed & Breakfast occupies substantial semi-detached Victorian premises on Arvon Avenue, just a short walk from Llandudno centre and promenade. The business benefits from a parking forecourt for 6 vehicles and ample on-street parking. Llandudno is the largest resort on the North Wales coast and enjoys many attractions, such as the Victorian Pier, promenade and four golf courses. The town's railway station is within easy walking distance of the guest house. The area is easily accessible via the A470, which leads to the A55 North Wales Expressway. Colwyn Bay lies approximately 6 miles away, while Conwy is approximately 5 miles to the south.
- Premises details:
- Well-presented 3-storey semi-detached Victorian property with car parking to front, centrally heated and with CCTV system. Briefly comprising:
Lower Ground Floor
• Owners' accommodation, briefly comprising:
• Bathroom with WC, wash basin, shower/wet room
• Large double bedroom with built-in wardrobes
• Storeroom and utility room
• Kitchen/dining room with fitted units, range oven and stainless steel sink
• Lounge with bay window and gas fire
Ground Floor
• Residents' lounge with bay window to front
• Dining room laid out for 14 covers with bay window and dumb waiter
• Room 2: double with hand basin
• Bathroom with shower, WC and wash basin
First Floor
• Room 3: Double with en-suite shower, WC and wash basin
• Room 4: Double with en-suite shower, WC and wash basin
• Room 5: Single with hand basin
• Room 6: Double and single with en-suite shower, WC and wash basin
• Bathroom with shower, WC and wash basin
• WC with wash basin
Second Floor
• Room 7: Twin with wash basin
• Room 8: Double with wash basin
• Room 9: Single with wash basin
• 2 x linen cupboards
External
• Car parking to front for approximately 6 vehicles
• Enclosed rear garden with 2 x outbuildings
Business Operation
- Trading hours:
- April - October
Scope to open all year round