Llanrwst, Conwy, ID 166278
Charming period riverside property in Llanrwst, Conwy Valley, currently operating as established holiday lets. The property comprises four fully refurbished apartments, including two two-bedroom and two one-bedroom units. Each apartment is beautifully presented and equipped with modern fixtures and fittings. They are marketed on the business’s own website as well as via Booking.com, Airbnb, and Agoda, receiving excellent reviews. The sale includes all fixtures, fittings, and forthcoming bookings. Llanrwst is a popular market town located between the River Conwy and Gwydir Forest, providing easy access to Snowdonia National Park. The town has notable attractions such as Pont Fawr Bridge and St Gwrst Church, with excellent transport links via the A470, A55, and A5, and local rail stations serving Llanrwst and North Llanrwst. The property offers strong trading performance, with net sales of £99,500 for the year ended April 2025 and predicted sales of £105,000 for April 2026, generating strong net profits. All apartments are equipped with mains electricity, water, and drainage. Flats 4, 5, and 6 benefit from a Worcester Bosch combi boiler with hive controls installed in 2022, and the building has a new fire alarm system fitted in 2022. Flat 3 features ceramic core electric heaters with Wi-Fi control. Virtual freehold is available at £495,000, including goodwill, fixtures, and fittings, with stock at valuation in addition. All properties are held on 999-year leases which commenced on 1st June 2009. Rateable value as of 1st April 2023 is £6,600. This is an ideal opportunity for investors seeking a profitable holiday accommodation business or buyers looking for residential apartments in a prime tourist town.
