SWN Y Mor Hotel in Llandudno is on the market for £640,000, and the site has significant financial potential.
With 12 smart en-suite bedrooms, two breakfast rooms, spacious public areas and a private car park, the hotel enjoys a location on the town’s seafront.
The hotel also includes a separate apartment for owners, with multiple amenities such as en suite bedrooms and lounge areas.
With a net turnover of £139,071 at the financial year end in April, and with adjusted profits in the region of £75,000, it presents a great monetary opportunity.
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The hotel is on the market with estate agent Colliers, who said: “Swn Y Mor Hotel is an extremely successful and profitable B&B located in a prime location on Llandudno’s Seafront, with stunning panoramic views over the bay.
“In addition, the current owners have recently completed two ground floor apartments which can now be let separately as self-catering holiday lets to strengthen both turnover and profits.
“The owners also have the benefit from a spacious apartment which provides two en suite bedrooms, lounge, kitchen and its own private entrance.”
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