Hotel/guest house for sale in Colwyn Bay, Wales, United Kingdom LL29, £729,995

729,995.00

Offer Nr.:
58512074
Type of ad:
for Sale
Property type:
Hotel/guest house
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B06014_
Hilton Smythe Commercial are delighted to present to the market the Lyndale
Hotel and Restaurant, a much loved family run business opportunity with 30
years trading history in within the same family.
The ‘Turn - key’ freehold hotel/restaurant is now been offered for sale due to
the passing of one of the owners and will come with a full business handover
to ensure a smooth transfer.
The excellent location, the number of en - suite rooms and parking facilities
attracts a healthy mix of tourists, families and regular visitors here on
business.
The business has built up excellent reviews on both Google and TripAdvisor
with many positive reviews including –
* ‘Excellent Sea Views’
* ‘So easy to find’
* ‘Very well presented and clean’
* ‘Breakfast veery adequate for the price’
* ‘Great car park’
* ‘ideal for our halfway stop between the Dublin ferry and Liverpool’
* ‘Always plenty of coffee and tea in the room, great Seaview, thank you!’
Our client uses the following platforms for hotel bookings –
* (93 reviews)
* Expedia
* Trivago
* Own newly updated website
* Word of mouth/referrals
Other advertising platforms include –
* * Facebook
* *
The ground floor restaurant offers 40 covers and was previously open as an
authentic Thai restaurant with very good 5 - star reviews. The restaurant can be
opened for both residents and walk - in customers, it boasts a fully equipped
bar area including a full alcohol license.
We feel Lyndale Hotel would suite a partnership or family, there is plenty of
scope to increase the revenue such as trading all year round, adding a new
restaurant menu and advertising on social media.
We also suggest any new owner look to further promote larger group bookings,
offer longer stay discounts, promote cycling and walking group bookings.
Viewings are by appointment only; all enquiries are to be directed to Hilton
Smythe.
_Location_
The Lyndale Hotel occupies a highly prominent trading position along Abergele
Road (A547) within the village of Old Colwyn in Colwyn Bay.
The period detached property offers great views over the sea which is only
minutes’ walk away as well as been in close proximity to Snowdonia National
Park, Anglesey and Llandudno.
Colywn Bay is a charming town, community and seaside resort in the Conwy
County of North Wales which overlooks the Irish Sea, just 30 miles west from
the historic City of Chester and well known for its stunning beaches.
Colwyn Bay is becoming more of a great place to live and work which is clear
to see in the number of new houses/apartments been developed within the area.
There are several bus stops within walking distance of the hotel, the A547
acts as the main link road to the which A55 motorway which connects Llandudno
to Chester and the M56 motorway.
The hotel benefits from free customer parking on site for approx. 15 cars.
_Premises_
The hotel is very well presented and cozy throughout with a very inviting/
comfortable décor with larger than average guest rooms with sea - views. There
is also an off road customer car park with space for approximately 15
vehicles.
Lower Ground Floor –
* Cellar with beer drop point, ample storage and small workstation for maintenance repairs.
Ground Floor -
* Reception area with desk and customer seating area.
* The bar area is fully equipped with 2 pumps, optics, drinks display fridges, till and wine chiller.
* Restaurant with modern décor and benefits from up to 40 covers.
Kitchen -
* Fully equipped commercial kitchen with stainless steel worktops, dishwasher, commercial oven, wok oven, rice cooker, tall fridges and freezer, storage room and ample crockery.
Owners accommodation benefits from 3 bedrooms with en - suite and lounge area
First Floor -
* Room 1 - Small double en - suite, Laundry cupboards, and boiler
* Room 15 - Twin en - suite
* Room 14 - Seaview, double en - suite
* Room 12 - Seaview, double en - suite
* Room 11 - Seaview, Triple en - suite
Second Floor -
* Room 2 – Twin en - suite
* Room 3 – Seaview, single en - suite
* Room 4 – Seaview, single en - suite
* Room 5 – Seaview, double en - suite
Third Floor -
* Room 7 - Twin en - suite
* Room 8 - Small double en - suite
* Room 9 - Single en - suite
* Room 10 - Twin en - suite
External -
* The building has a car park to the right. To the rear of the property is a sloping garden area with an outbuilding that could potentially be converted into a holiday let.
The building is up to date with fire safety regulations and holds a 5 - star
hygiene certificate.
_Tenure_
We are advised that the business is being sold on a Freehold basis.
_Hours_
The business is open 24/7.
_Staff_
We are advised the business is owner run and managed.
_Financial Profile_
We are advised as per the 2018 account, the business generated a turnover in
the region of £150, 000. Full financials can be made available upon further
request.
_Please quote reference B06014_

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