12-bedroom terraced house · LL30 1BG
For saleListed 16 days
Opportunity summary
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About
A very impressive and successful promenade Guesthouse with 10 Bedrooms and 2 Family Suites, all en suite bath/shower rooms.
Excellent, self contained 2 bedroom Owners' Apartment, plus huge Garage/Workshop, small private car park withspace for 4/5 cars.
OFFERED IN EXCELLENT CONDITION This is an established, well run business, located on the iconic Promenade of Llandudno with it’s sweeping bay linking the Gt Orme and the Little Orme.
This highly popular resort is known as THE WELSH RIVIERA. What3Words - thankful.intention.securing Google Maps LL30 1BG WhyBuy-Sellers5WordsWhy - PROMENADE-VIEWS-PARKING-OWNERS FLAT.
A VERY IMPRESSIVE & SUCCESSFUL PROMENADE GUESTHOUSE WITH A SEAFRONT LOCATION OFFERING 10 BEDROOMS + 2 FAMILY SUITES, ALL EN-SUITE BATH / SHOWER ROOMS 4 STAR RATING WITH EXCELLENT REVIEWS FIRST RATE BUSINESS TURNOVER AND ADJUSTED PROFITABILITY, THIS IS BASED ON LIMITED TRADING PERIOD, THIS PROVIDES GREAT POTENTIAL TO DOUBLE THE CURRENT COMMERCIAL MODEL, IF REQUIRED.
EXCELLENT, SELF CONTAINED TWO BEDROOM OWNERS’ APARTMENT, PLUS HUGE GARAGE/WORKSHOP. SHARED PRIVATE CAR PARK WITH SPACE FOR 4 / 5 CARS.
OFFERED IN EXCELLENT CONDITION THOUGHOUT, WELL APPOINTED LETTING BEDROOMS AND EN-SUITE SHOWER/BATHS, NEWLY INSTALLED HEATING & HOT WATER SYSTEM Material Facts FREEHOLD - Land Registry Title No.
CYM508958 NEW (May 2023) GAS CENTRAL HEATING AND HOT WATER, BOILER SYSTEM. Upvc DOUBLE GLAZING THROUGHOUT.
SHARED REAR CAR PARK WITH SPACE FOR 4/5 CARS ENERGY PERFORMANCE RATING – C BUSINESS RATES 2023/2024 RATEABLE VALUE £9100 PA RATES PAYABLE £375.59 PA WITH BUSINESS RELIEF DOMESTIC COUNCIL TAX – C PAYABLE 2023/2024 £1749.87 PA AHF May 2023 This is an established, well run business, located on the iconic Promenade of Llandudno with it’s sweeping bay linking the Gt Orme and the Little Orme.
This highly popular resort is known as THE WELSH RIVIERA, for good reason with its beautiful beaches and bustling town centre, it provides an excellent base to explore the Conwy Valley and the Snowdonia National Park – Extreme Adventure & Activities, as listed in the Lonely Planet Guide.
The current owners have now built up the business to a level where they can structure it around their own lifestyle and they limit the number of rooms let and the months they operate, this now allows them to operate below the VAT threshold.
They both work within the business and only employ part time staff.
The owners accommodation is excellent and occupies the whole of the lower ground floor with Lounge, Dining Room, 2 double Bedrooms, full Fitted Kitchen, Shower Room, Utility Room, plus a huge Store/Workshop.
The business is being sold with the benefit of all the business fixtures, fittings and equipment, free of any encumbrances, this does not include some personal items, nor does it include the contents of the owners accommodation.
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Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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About Craig Y Don Parade, Llandudno, Conwy, LL30
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