Business News

Llandudno’s Trevone Hotel goes on the market



The Trevone Hotel on Llandudno’s seafront has gone in the marketplace. With 24 rooms the property sits on the well-known sweep of Llandudno lodges and is up on the market with Christie and Co.

It has a information worth of £995,000 and annual turnover of round £140,000. This comes because the resort bounces again positively from the pandemic – highlighted this month with the reopening of Llandudno Bay Hotel after two years.

The agent described it as ultimate for a “lifestyle buyer”. There may be additionally potential to develop the operation with an elevated bar and meals operation.

READ MORE: Tourism and hospitality teams inform Welsh Authorities tips on how to defend self-catering companies

Christie and Co mentioned: “The Trevone Hotel is a 24 bed seafront hotel in the popular North Wales seaside resort of Llandudno. This long established hotel come with a two bed owners accommodation, ideal for a lifestyle buyer, with considerable scope for continued growth from an enthusiastic purchaser.

“Historically ran with a mattress and breakfast service, the enterprise would profit from an elevated bar and meals operation and a extra vigorous market. The lodge is positioned on the seafront promenade of Llandudno, the biggest seafront resort in North Wales. The resort is legendary for its lengthy promenade and conventional pier, additionally benefitting from a variety of buying services, facilities and household sights together with the longest cable automotive trip in Britain.”

They added: “Nearly all of fixtures and fittings are included within the sale, nonetheless there will probably be a listing of things to be excluded from the sale. A listing will probably be supplied to potential purchasers. Latest accounts have been affected significantly by COVID however earlier accounts present a gradual annual turnover of circa £140,000.”



Supply hyperlink

Leave a Reply

Your email address will not be published.

close