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21 October 2019 | Hotels

Grade II listed North Wales hotel brought to the market by Christie & Co

Specialist business property adviser, Christie & Co has brought to the market the Grade II Listed Bella Vista Hotel in the popular North Wales coastal resort of Llandudno.

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Situated on Church Walks within the heart of the town, the 11-bedroom hotel offers panoramic bay views as well as easy access to nearby attractions including Llandudno Pier, the promenade, and the famous Great Orme Tramway. Being within a one hour drive of Snowdonia National Park, the hotel is popular with both tourists and visitors wishing to enjoy the abundant walking, climbing, and outdoor pursuits that the area offers.

The business enjoys strong guest reviews and high ratings on booking sites such as TripAdvisor, and the current operator has recently taken the decision to offer the entire property for use as a holiday let in order to cater for the increasing demand for larger scale letting accommodation within the local area.

In addition, there is a 36-cover restaurant ‘La Taverna’ located on the ground floor, which is leased out to an external operator, providing potential purchasers with an additional income stream.

The business has been owned by hotelier, Neale Climpson for the past three years, and he is now seeking a sale in order to pursue other business interests.
 
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Tom O’Malley, Senior Business Agent at Christie & Co is handling the sale and comments, “Neale has been proactive in catering to the demand of visitors to the local area. As such, the Bella Vista Hotel is offered for sale in a strong trading position that would still offer an incoming operator the opportunity to further develop revenue and profitability. In addition, the two bedroom owner’s accommodation that is included makes this opportunity ideal for an owner-operator wishing to benefit from the fantastic quality of life that Llandudno offers.”

Bella Vista Hotel is offered for sale on a virtual freehold basis, with an asking price of £575,000.


For further information on this press release, contact:

Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com