If it does not sell there are at least three options
1, Bedsits!
2, Asylum seekers
3, OAP flats!
So a use can be found, or maybe if Conwy Council gets its way it could be demolished for social housing! (and we all know how the council relish tearing down historic buildings for social housing!)
A Llandudno seafront hotel that went up for sale earlier this year has been given a major price cut in a bid to secure a buyer. The Trevone Hotel forms part of the iconic terrace of hotels overlooking Llandudno Bay on the front.
It went up for sale back in April with a guide price of £995,000 but this figure has now been reduced to £895,000. The agent, Christie, and Co., says the 24-bed hotel is "ideal for a lifestyle buyer" with the scope to increase the bar and food operation at the site.
Christie and Co said: "The Trevone Hotel is a 24-bed seafront hotel in the popular North Wales seaside resort of Llandudno. This long-established hotel comes with a two-bed owner's accommodation, ideal for a lifestyle buyer, with considerable scope for continued growth from an enthusiastic purchaser.
"Traditionally ran with a bed and breakfast service, the business would benefit from an increased bar and food operation and a more vigorous market. The hotel is located on the seafront promenade of Llandudno, the largest seafront resort in North Wales. The resort is famous for its long promenade and traditional pier, also benefitting from a wide range of shopping facilities, amenities and family attractions including the longest cable car ride in Britain."
They added: "The majority of fixtures and fittings are included in the sale, however there will be a list of items to be excluded from the sale. An inventory will be provided to prospective purchasers. Recent accounts have been affected considerably by COVID but previous accounts show a steady annual turnover of circa £140,000."
Llandudno's positive bounce back from the pandemic has been highlighted by the reopening of the Llandudno Bay Hotel earlier this year. That hotel, which is located further down Colwyn Road, was closed for over two years and was revamped after it was bought out of administration along with the Belmont by Everbright Hotels.
https://www.dailypost.co.uk/news/north-wales-news/llandudno-seafront-hotel-gets-major-25320188
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