Lawton and Lauriston Court Hotel, North Wales - SOLD

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Sold off OIRO GBP 2,000,000 Date of Sale: October 2023
Rooms: 35
Property Id : 36933

Sold Hotel – Lawton and Lauriston Court Hotel

Graham+Sibbald are pleased to have sold The Lawton & Lauriston Court Hotel – situated in what is considered to be one of the best trading locations in the historic seaside resort town of Llandudno, fronting onto Prince Edward Square and North Shore beach within the Llandudno Conservation Area.

The Grade II listed property comprises a Victorian seafront hotel which has been formed from three terraced properties. The properties were amalgamated to create an impressive character hotel which has been sympathetically modernised to provide attractive and comfortable hotel accommodation.

The four/five storey building which has rendered and painted elevations beneath various pitched slate tiled and flat roofs. Having acquired all 3 properties, our clients have invested significantly into the fabric of the property which has included a comprehensive refurbishment and re-decoration of the public areas and all of the en-suite letting bedrooms.

The hotel is situated in a prime trading location overlooking Llandudno Bay and it’s famous pier, approximately 4 miles north of the county town of Conwy.

This traditional seaside resort is in an established tourist and leisure destination given that it offers a wide range of attractions and beautiful scenery. Llandudno is located at the northern end of the A470, which provides access to the A55 North Wales Expressway, which is approximately 4 miles south of the hotel.

Key Features:
*Well Presented Award Winning Hotel
*35 Individual Refurbished En-Suite Bedrooms
*Prominent Trading Location overlooking Llandudno Bay
*Refurbished Bar, Lounge and Restaurant
*Owner’s/Staff accommodation comprising 2 apartments
*Parking for 18 Vehicles
*Advised net Turnover YE 2022 £1,210,815 & EBIDTA £448,231
*Long Leasehold

Sold off an asking price of offers in the Region of GBP 2,000,000.

For further information please contact Martin Davis from Graham + Sibbald.

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