A COUPLE from Kent have snapped up a Llandudno hotel for the asking price of £640,000.

Swn Y Mor, a 12-bedroom guest house on Llandudno’s seafront, has been purchased by Colin and Sandra Lewis.

Buying a hotel has been a "long-term dream" for the pair; the purchase will be their first business venture together.

In a joint statement, Sandra and Colin said: “We are over the moon to begin this next chapter of our professional lives together. We have so many exciting plans for the business and are eager to get started.

"We look forward to welcoming all customers into our new home when we open later this month”

Previous owners, Chris McQuade and Steven Podmore, acquired the business from their parents 10 years ago.

Chris and Steven are moving to Brighton for a new business opportunity.

Swn Y Mor benefits from a breakfast room to seat 24 along with two newly refurbished owner’s apartments.

The accomodation was sold by the Hotel Agency team at commercial real estate firm Colliers.

Neil Thomson, of Colliers, said: “Swn Y Mor Hotel is a marvellous venue in a picturesque tourist destination. Searching for a coastline hotel or guest house proves to be popular for buyers, as it offers the dream for many first-time operators of the ultimate work/lifestyle balance and can prove highly profitable if run well.

“Despite the current financial uncertainty for the UK hotel industry, we are still seeing buyers from all over the UK wanting to invest into the leisure sector, particularly throughout North Wales.

"Since the beginning of 2021, Colliers’ Hotels team has completed 132 hotel and associated business sales, 72 of these have been in the last 12 months further demonstrating the strength of the market.”