Seafront hotel in Llandudno sold for the first time in 75 years
Specialist business property adviser Christie & Co has announced the sale of The Merrion Hotel, a well-known hotel in Llandudno, North Wales, which has been purchased by Four Saints Hotels.
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Directly fronting onto the promenade, The Merrion Hotel is housed within a striking five-storey Victorian building and offers 62 ensuite bedrooms, many with sweeping views across Llandudno Bay, as well as a bar and lounge area which regularly hosts entertainment, and a restaurant which is open to the public.
The hotel has been owned by the Bream family for over 75 years, and has been sold by brothers Gareth and Paul Bream due to retirement. Over the decades, the hotel has grown from a 20-bedroom guest house to a significant hotel property in one of the most desirable locations in Llandudno.
Following a sales process with Tom O’Malley, Associate Director at Christie & Co, the hotel has been purchased by Four Saints Hotels, who already own Brig Y Don, Lauriston Court, and Headlands hotels, also located on the Llandudno seafront.
Gareth and Paul commented, “The Bream family are pleased to announce the sale of the Merrion Hotel, through Christie & Co, to Mr and Mrs Rozek of the Four Saints Hotels. We congratulate them as the new owners and wish them every success in the future.”
Dr Shoukry Rozek, Director, Four Saints Hotels Limited, commented, “We are delighted to welcome Merrion Hotel into the Four Saints Hotels family. I want to extend our heartfelt gratitude to the Bream family for their decades of exceptional stewardship, and to all the legal, financial, and professional advisors who made this transaction possible. This acquisition strengthens our position in Llandudno's hospitality market and creates exciting opportunities for our guests and team members. We look forward to building upon Merrion Hotel's strong foundation while maintaining the high standards of service that define our group.”
Tom O’Malley at Christie & Co added, “The Merrion is one of the nicest hotels in Llandudno, and probably in the best location, making it a wonderful addition to the portfolio of Four Saints Hotels. I wish brothers Gareth and Paul all the very best with their retirement and thank them for trusting me with the sale of this hotel.”
The hotel sold off an asking price of £4,500,000.
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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