Leisure property specialists Fleurets have been instructed by Alan Wheatley to market a prominent sea front hotel in the popular North Wales resort of Llandudno, the Shelbourne Hotel . The asking price is £585,000.
Alan and a consortium of business partners have owned the hotel for a number of years and it has always been run under management. The sea front location and the parking make this quite a profitable business with high occupancy levels.
The property benefits from a lounge bar, dining room and passenger lift. As an added bonus, a detached building in the car park provides a private two-bed flat for the owner or managers to live in. The car park has ample 25 spaces, of which 14 are let producing an annual income of £1,800.
Run under management, the turnover for September 2012 & 2013 has been approximately £220,000.
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