Falling like dominoes!
TWO hotels in Llandudno which are on the market have again been reduced in price.
Roomours Hotel, at Church Walks, and The Grafton Hotel, on the promenade, have both had their prices brought down in a bid to attract a buyer.
The former went on the market shortly after re-opening in April 2024 under owners Amanda and Mark Richards.
Initially on the market for £895,000, the property’s price was brought down to £795,000 and has again been reduced to £725,000.
Meanwhile, the four-star, 14-bedroom Grafton Hotel was first put up for sale for £625,000 in December 2024.
Its price has also fallen, and the hotel is now available for £614,950.
Roomours Hotel dates back to 1890 and was originally a grand Victorian town house.
The building then served as the Girls Friendly Society Lodge from 1900 until the 1960s, used as an orphanage and welfare centre for children in need and providing them with shelter, education and social support.
Grafton House enjoys a stellar reputation and boasts occupancy levels in excess of 95 per cent, seeing considerable repeat trade.
Despite its solid turnover, its listing says sales can be increased significantly with only six to eight rooms currently in operation.
From...https://www.northwalespioneer.co.uk/news/25372809.llandudno-hotels-see-price-reductions-bid-sell/
and
Will this sell????
A town centre hotel in Llandudno has been put up for sale. The Post House - formerly Sunnyside - is situated on Llewelyn Avenue, just off Upper Mostyn Street.
The hotel has 20 en-suite bedrooms as well as a cafe, dining room and bar. The current owners have had it since 2018 - with the hotel on lease since 2021..
Alistair Greenhalgh, divisional director, said: "The Post House benefits from a central position in the town centre towards the edge of the main retail area and close to the Great Orme and Funicular Railway. The property is in close proximity to all of Llandudno ’s attractions with numerous restaurants and bars close by and the Promenade and Pier area few minute’s walk away.
"Twenty letting rooms are arranged over first and second floors, all with en-suite facilities.
"There is an entrance hallway with reception desk, café with mixed contemporary style seating for 25 persons and bar servery. Dining room running from the front to the rear of the property with a mix of upholstered fixed perimeter seating and chairs to timber tables for approximately 40 covers.
"There is a front beer terrace and rear private patio area.
"Our clients have owned the business since September 2018. Our clients chose to lease the business operation from 1st June 2021 for a term of five years at a rent of £60,000 per annum."
The hotel is on at a guide price of £650,000.
Llandudno is a dying town
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