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Freehold Hotel For Sale

(Ref: 9094)

Colwyn Bay, Clwyd, United Kingdom

Financials

Asking price: £395,000

Sales revenue: £53,500

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Bag a Business Ltd is delighted to offer for sale this much sought after hotel business, in such an ideal trading location within Colwyn Bay. The Bron Wylfa Hotel has undergone a substantial refurbishment programme and benefits from an exceptionally high standard of fixtures and fittings throughout, whilst retaining many original period features. The hotel has 11 letting bedrooms, as well as a spacious residents' lounge bar and a dining room with up to 40 covers. Currently the annual turnover is £53,500, however there remains infinite scope to develop this further through promotion of the restaurant, as there are few quality restaurants currently within the town. The hotel already has an enviable reputation and benefits from much regular repeat custom all year round. It has been accredited with two star status by the Welsh Tourist Board and is hoping for a third in the near future. This is a particularly attractive purchase as the business also has extremely spacious, three-bedroom, self-contained private living accommodation. This is a unique opportunity to purchase a thriving local business. Early discussions with Bag a Business Ltd must come highly recommenmded.



Trading hours: All year round

Property: Freehold


Living accomodation
ACCOMMODATION DETAILS Substantial three-storey property has an attractive wide frontage and benfits from having beeen recently decorated and having new fire doors installed to confirm to fire regulations. GROUND FLOOR Main entrance Hallway with feature original Victorian tiled flooring, reception area and residents' lounge Bar with fully fitted, integral chiller units, tables, chairs and perimeter seating Dining room: laid for up to 40 covers Fully equipped commercial kitchen with stainless steel canopy and stainless steel tables 6 burner gas range Adams Bain-Marie Commercial sink Hand sink Rear exit door Laundry room Double bedroom with en-suite walk-in shower, WC and basin Private area with: Lounge, open plan dining room and double bedroom FIRST FLOOR Room 1 - double bedroom with en-suite shower room, WC and basin Linen cupboard Room 2 - double bedroom with en-suite shower room, WC, basin and door to exterior sun lounge Room 3 - single bedroom with en-suite shower room, WC and basin Room 4 - double bedroom and en-suite shower room, WC and basin Room 5 - family bedroom, double + single beds with en-suite shower room, WC and basin Room 6 - single bedroom with en-suite shower room, WC and basin Room 7 - double bedroom with feature bay window, a seating area, en-suite shower room, WC and basin Private area with 2 double bedrooms with built in wardrobes and private bathroom SECOND FLOOR Room 8 - single bedroom with en-suite shower room, WC and basin Room 9 - double bedroom with en-suite shower room, WC, and basin Room 10 - family bedroom, double + 2 single beds, en-suite shower room, basin and WC Linen cupboard Landing with scope for additional storage EXTERNAL Attractive wide frontage Private car parking facilities to the front and rear Patio area Double garage

Location
The Bron Wylfa Hotel occupies a prominent and highly desirable trading position on Woodland Road East, within the thriving seaside town of Colwyn Bay in Conwy. This substantial three-storey, period property has a wide frontage with ample free car parking facilities at the front and owners' and residents' parking to the rear. It is within a popular residential area, yet is adjacent to the centre of the town and within five minutes' walk of the railway station, main shopping centre and the famous promenade and pier. Colwyn Bay is a haven for visitors and tourists all year round. It is easily accessible to Snowdonia National Park and has several award-winning tourist and visitor attractions in close proximity. The Bron Wylfa Hotel is just off the main A547, which is one of the major arterial roads in the area. It is also on the main A55 Expressway, linking Holyhead, Bangor and Llandudno to Chester, and on to the M56 motorway.


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