Auction opportunity close to promenade; strong short-let potential for experienced operators.
Freehold Victorian corner building with period features and high ceilings
A substantial Victorian corner building offered freehold with mixed commercial and residential accommodation, set a short walk from Llandudno promenade. The property comprises a 12-room hotel (each room previously en-suite) on the first floor and a self-contained three-bedroom flat on the second floor. Previous annual accounts indicate a rental income of approximately £80,000 when let on a nightly basis, showing clear short-term-lettings potential for an investor prepared to manage turnover and marketing.
Built before 1900, the building retains period features such as high ceilings and bay windows and benefits from double glazing fitted after 2002 and an EPC rating of C. Services are mains gas with boiler and radiators. The site includes up to 12 off-street parking spaces, an advantage for coastal lettings, and is close to local shops, transport links and the seafront.
This lot will be sold at public auction on 13 November 2025 and is being sold with public notice/repossession. The property is currently vacant, and the auction vendor-supplied information has not been independently inspected; prospective buyers must satisfy themselves by reviewing the legal pack. The building sits in an area classed as very deprived with very high local crime — factors that will affect lettings, insurance and management costs.
The building is suited to an investor or operator targeting seaside short-term lets or a conversion/refurbishment project to reconfigure rooms or improve energy performance. Significant refurbishment and ongoing management are likely needed to modernise services and attract consistent occupancy; the sale is best for a buyer comfortable with auction purchase, legal due diligence and post-purchase works.
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