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12 bedroom house for sale
Craig Y Don Parade, Llandudno, Conwy, LL30
£625,000
Craig Y Don Parade, Llandudno, Conwy, LL30
£625,000
Our Summary
- COMNET T/O 2022 £92,000 ON 9 UNITS WITH A HEALTHY ADJUSTED NET PROFITTHE OWNERS LIMIT THEIR TRADING PERIOD TO 5/6 MONTHS, THEY CHOOSE TO CLOSE DURING MAY /JUNE TO HOLIDAY THEMSELVES, THIS CLEARLY OFFERS GREAT POTENTIAL TO TRADE AT A SIGNIFICANT HIGHER LEVELS, 2018/19 SEASON WAS OVER £130,000 INCOME
Description
This impressive and successful promenade guesthouse in Llandudno, known as the Welsh Riviera, offers 10 en-suite bedrooms and 2 family suites, as well as an excellent self-contained owners' apartment and a huge garage/workshop. The property has a 4-star rating and a high occupancy rate, with a net profit of £92,000 in 2022. The owners limit their trading period to 5-6 months, which offers great potential to trade at a higher level. The property is offered in excellent condition, with new heating and hot water systems, double glazing, and a shared rear car park. The business is being sold freehold, with a rateable value of £9100 and a business rates payable of £375.59 per annum. The owners' accommodation is spacious and occupies the lower ground floor, with a lounge, dining room, kitchen, and shower room. The business is being sold with all fixtures, fittings, and equipment, excluding some personal items and the owners' accommodation contents.