The Trevone Hotel on Llandudno's seafront has gone on the market. With 24 rooms the property sits on the famous sweep of Llandudno hotels and is up for sale with Christie and Co.
It has a guide price of £995,000 and annual turnover of around £140,000. This comes as the resort bounces back positively from the pandemic - highlighted this month with the reopening of Llandudno Bay Hotel after two years.
The agent described it as ideal for a "lifestyle buyer". There is also potential to expand the operation with an increased bar and food operation.
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Christie and Co said: "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.
"Traditionally ran with a bed and breakfast service, the business would benefit from an increased bar and food operation and a more vigorous market. The hotel is located on the seafront promenade of Llandudno, the largest seafront resort in North Wales. The resort is famous for its long promenade and traditional pier, also benefitting from a wide range of shopping facilities, amenities and family attractions including the longest cable car ride in Britain."
They added: "The majority of fixtures and fittings are included in the sale, however there will be a list of items to be excluded from the sale. An inventory will be provided to prospective purchasers. Recent accounts have been affected considerably by COVID but previous accounts show a steady annual turnover of circa £140,000."
