A VICTORIAN guest house on Llandudno’s seafront is under new ownership
Michael Thompson and David Preece have managed the Can-Y-Bae for the last 17 years.
The hotel, which features 16 en-suite bedrooms, a spacious lounge, residents' bar and ground floor breakfast room, is a firm favourite with visiting theatre companies performing at Venue Cymru.
The property also boasts a studio apartment.
The accommodation was sold off an asking price of £620,000.
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Michael said: “It's been an incredible journey. For 17 years we have had the privilege of hosting countless guests, many from the world of theatre, and have created incredible memories of great times at Can-Y-Bae Hotel.
"We are pleased to be able to hand over the reins to the new owners and look forward to seeing the hotel continue to thrive in the future.”
Neil Thomson, associate director in Hotels Agency at Colliers who managed the sale, said: “The Can-Y-Bae Hotel was swept off the market within weeks, a testament to its status as a beloved North Wales gem.
"This comes on the heels of Colliers' recent success with the sale of Swn y Mor Hotel, earlier this year, which highlights how popular the region is within the hospitality market."
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