Specialist hotel and leisure agent Sidney Phillips has been instructed to market for sale the Colbourn Hotel, a well-established hotel in coastal Conwy.
The Colbourn Hotel, which dates back to 1892 and a hotel since 1905, is located on Seabank Road just off the main promenade in the North Wales coastal town of Colwyn Bay. The area is subject to much renovation and aims to bring a new lease of life to the popular seaside resort. An array of tourist attractions including the Welsh Mountain Zoo, Conwy and Caernarfon Castles and Snowdonia National Park are easily accessible from the town.
The property benefits from eight well appointed hotel rooms, as well as a residents lounge and separate breakfast room.
The Colbourn Hotel has been family run for over 40 years and now available for sale due to retirement. The hotel is rated number 1 in the Colwyn Bay area with a 9.7 rating on Booking.com. The business has a great reputation and sees repeat trade from guests in the UK and Worldwide.
There is scope for increased sales by utilizing two rooms which are currently used as storage, extending opening hours as the business is currently closed between November and March.
The business would suit a motivated couple to uphold our clients work and impeccable reputation which has been built over the last four decades.
The Colbourn Hotel is available off a freehold asking price of £525,000.
For further information about this hotel for salet, other hotels for sale or to let or how to buy a business please call Sidney Phillips on 01512 204879, or email northwest@sidneyphillips.co.uk.
(May 2022)