A SEAFRONT hotel in Llandudno that only went for sale earlier this year has had its price cut as it looks to attract buyers.

The Trevone Hotel, located on St George's Plaice, went on the market in April at a guide price of £995,000, which has now been reduced to £895,000.

The 24-bed hotel is on the market with agent Christie and Co., who add that the property is ‘ideal for a lifestyle buyer’, with potential for an enlarged bar and increased food operation.

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.

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"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."

"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."

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