Commercial property for sale in Llandudno, Conwy LL30

£999,500
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • **price on application**
  • Excellent location
  • Rental income £75 – £80,000 per annum
  • High potential, Viewing highly recommended

Property description

Reference - 45533

Description
This is an excellent opportunity to purchase this substantial virtual freehold property. Consisting of restaurant, café and 5 no. Apartment, within this fantastic Welsh resort.

“Llandudno, "Queen of the Welsh Resorts", is now the largest seaside resort in Wales. Uniquely situated between the Great and Little Ormes with two wonderful beaches, the award winning North Shore and the quiet, sand duned West Shore. ”



The Restaurant and cafe can be purchased as a leasehold option, which can be negotiated with the Freeholder, although the owner would ideally like to sell the entire property which has a total rental potential of between £75 – 85,000 per annum, but is happy to sell separetely.

The New Mediterranean restaurant – ref 45508

Salt & pepper café – ref 45532

Restaurant and cafe can be sold empyt for new owner to take over or could be sold as fully let.

This is a first class, business opportunity and viewing is therefore highly recommended to avoid disappointment.

Accounts
Accounts available upon request

Building Internal
The restaurant is situated on the left of the property with the cafe on the right, providing easy access between the two businesses.

Residential
The property comes with

1 x 4 bedroomed apartment – rental £670 pcm
1 x 1 bedroomed apartment – rental £420 pcm
2 x 2 bedroomed apartments - rental £520 pcm
1 x 2/3 bedroom apartment- £520 pcm

Tenure
We are advised that the business comes to market as Virtual Freehold

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
Many selling configurations are available with this property a perfect opportunity for a family to run all aspects of the business.

A fantastic opportunity to purchase a highly profitable business with terrific potential for future growth and improvement.

Viewing would be highly recommended.

Rental
Approx. £75k - £85k

Building External
Highly visible two double fronted, three storey premises occupying a prominent trading position in the resort of Llandudno.

The back of the building has recently been completely re pebble dashed.

Nearby transport

  • Llandudno (0.5 miles)
  • Deganwy (2.2 miles)
  • Llandudno Junction (3.1 miles)
  • Liverpool John Lennon Airport (40.6 miles)
  • Blackpool International Airport (45.1 miles)
  • Isle of Man Airport (61.6 miles)
  • Holyhead Ferry Terminal (32.9 miles)
  • Birkenhead Ferry Terminal (34.0 miles)
  • Seacombe Ferry Terminal (34.2 miles)

Nearby schools

View all schools in Conwy
  • West Kirby Primary School (27.0 miles)
  • West Kirby St Bridget's CofE Primary School (27.2 miles)
  • Avalon School (27.4 miles)
  • Birkenhead Sixth Form College (32.5 miles)
  • LIPA Sixth Form College (35.9 miles)
  • Everton Free School (36.4 miles)
  • Ysgol San Sior (0.4 miles)
  • Ysgol Tudno (0.5 miles)
  • Ysgol John Bright (0.5 miles)
Note: Distance is shown as a straight line measurement

Local info for Conwy

About the neighbours in LL30

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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