Bed and breakfast for sale in Llandudno, Conwy - Carmel House Hotel with bay views

Description

Carmel House Hotel is a fully refurbished Grade II listed bed and breakfast located on Craig y Don Parade on Llandudno’s North Shore, offering stunning views of Llandudno Bay and within walking distance of the pier, Venue Cymru, Happy Valley Botanical Gardens, and the Great Orme.The property comprises 10 en-suite letting rooms and a self-contained two-bedroom apartment, all finished to a high standard following extensive renovations, including new windows, doors, and roof, alongside stylish furnishings and décor. The business has been operated by the current owners since 2018, achieving net sales of around £180,000 per annum with net profits of approximately 50%.Room tariffs range from £85 to £105 per night, and the hotel benefits from high occupancy levels, repeat trade, and excellent online reviews across major booking platforms. There is potential to increase trade further by opening the tenth bedroom or developing a pre-approved four-bedroom holiday let, which could add an estimated £100,000 to annual turnover.The freehold is offered at £595,000, including goodwill and fixtures and fittings, with stock sold at valuation. Viewing is strictly by appointment through Sidney Phillips.