• Three room types available;
• Purchase from £55,000;
• Circa 10% return per annum;
• Assured buy back in year 10 @ 125%.
“This Development is an architectural jewel in the crown of this majestic Victorian town”
This charming seaside town is currently undergoing a major renaissance with investment at
Voted the eighth best place in the UK to visit, Llandudno’s popularity has soared in recent
years and it has been targeted by purchasers from home and abroad as a prime hot spot for
property, particularly in the leisure and hotel sectors.
Summer bookings at the ‘Queen of Welsh Resorts’ have increased by an incredible 66% in
just five years, according to leading online travel site, LateRooms.com, prompting a huge
surge in hotel sales.
Hoteliers are reporting that holidaymakers from within the UK are also on the increase
with repeat bookings, particularly from London and the South of England.
Every year 300,000 holidaymakers visit Llandudno bringing in £90 million to the economy
and millions of pounds is currently being invested into the town which has been described
by travel experts as “one the prettiest seaside resorts in the UK.”
Last year saw the opening of a Travelodge and the stunning Llandudno Bay Hotel which
was refurbished at a cost of £6 million, while stylish additions including high street outlets
Café Nero, Costa and TKMaxx have brought further custom and employment into the
Giant Hospitality has already snapped up four hotels in the region and following the
successful launch of Llandudno Bay Hotel, The Harrison Hotel looks set to become another
shrewd acquisition for them.
One of the great appeals to purchasers is that Llandudno has maintained its elegant
presence and with its impressive Victorian facade has not fallen into neglect like so many
other UK seaside resorts.
Property values are also a major factor with North Wales representing far better value for
money compared with other tourist destinations.
Locations such as Llandudno, Conwy, Llyn Peninsula and Snowdonia National Park have
proven the most popular with buyers in those areas accounting for nearly 70 per cent of
all sales agreed in North Wales by Colliers International.
Experts have also noted a marked improvement in the leisure sector in the past 18
months, with more buyers registering to purchase guest houses, small hotels and country
inns both in North Wales and elsewhere.