Summary - THE GRAFTON, 14, CRAIG Y DON PARADE, THE PARADE LL30 1BG
12 bed 1 bath Guest House
**Standout Features:**
- Successful promenade guesthouse with established business history
- 10 en-suite guest bedrooms and 2 family suites
- Self-contained 2-bedroom owner's apartment
- Large garage/workshop and off-street parking for 4-5 cars
- Located on Llandudno's iconic promenade with stunning seaside views
- Recently upgraded gas central heating and hot water system
- Strong income potential, with previous revenues exceeding £130,000
**Notable Concerns:**
- Built before 1900, standard insulation may be lacking
- Business operates for 5-6 months a year, limiting maximum income potential
- Average crime rate in the area
**Summary Description:**
Discover an exceptional opportunity with The Grafton, a well-established guesthouse situated on the stunning promenade of Llandudno, celebrated as the "Welsh Riviera." This impressive Victorian property features 10 guest bedrooms, each with en-suite facilities, along with 2 inviting family suites. The owners enjoy substantial living space in a self-contained apartment, complete with a lounge, dining room, and modern kitchen. A substantial garage/workshop adds further utility to the property, while the small private car park enhances convenience for guests.
The business has a solid reputation with a remarkable 5.0 on TripAdvisor and a net turnover of £92,000 for 2022, indicating strong profitability. Despite operating only half the year, there’s potential to significantly boost earnings—especially with advance bookings already on the rise for the upcoming season. While the property does require maintenance typical for older buildings, its pristine condition and prime location make this a rare and lucrative investment opportunity. Whether you’re looking to grow an existing hospitality business or transform this space into your dream home and business, The Grafton promises both comfort and potential amidst Llandudno's vibrant coastal charm.
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