The Queens Hotel in Llandudno sold for £3m

Wed, 10 Aug 2016 | COMMERCIAL PROPERTY

Devoy Hotels has sold off the Queens Hotel, located in Llandudno, Wales, for £3 million.

Located on the famous promenade between the Great Orme and Cymru Conference Centre & Theatre; the property consists of 83 letting rooms, two ballrooms, two restaurants, a public bar, two passenger lifts as well as a car park and patio area.

The sellers, the Devoy family, have run the hotel for the past 36 years or so, and “have built up a very successful business”, Lesley Watmough of Fleurets, the leisure property specialists who marketed the hotel for sale, said.

Gavin Woodhouse, chairman of Northern Powerhouse Developments (NPD), has bought the hotel and plans to continue investing in the business, working with the company's hotel management group Giant Hospitality “to ensure it attracts the next generation of holidaymakers”.

He said: “Northern Powerhouse Developments who also oversaw the £6 million refurbishment of the neighbouring boutique Llandudno Bay Hotel last year, have received huge credit for their sympathetic development of hotels in north Wales and across the UK.”

NPD has also become the owner of two more hotels in the north Wales area - Caer Rhun Hall and the Belmont Hotel.

Find other leisure properties for sale


Share this article



Latest Businesses for Sale

Indoor Trampolining Adventure Park
Telford, Shropshire, West Midlands, UK

Indoor trampoline park offering a wide variety of activities including, dodgeball, battlebeam, jump tower, interactive wall, bouldering wall, inflatables, Ninja warrior, basketball, toddler area, mini football pitch, dance school, tricking classes, s...

Asking Price: £950,000
Turnover: £1,000,000

LEASEHOLD


Assets of a Removal Company (Fast Sale)
UK Wide

Viewing: Thursday 23 May 2019 between 9am and 12 Noon. (By appointment only). Closes From 12 Noon Tuesday 28 May 2019.

Asking Price: Offers Invited
Turnover: < £500k

Recruitment Agency
UK Wide

Formal offers for the business as a whole to be received no later than 12 noon on Friday 24 May 2019. An opportunity exists to purchase the business and assets of a Recruitment Agency Start-up Business.

Asking Price: Offers Invited
Turnover: £381,186


View more businesses for sale

News Search

Latest News

 
17
 
May
 

Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...

 
16
 
May
 

Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

 
15
 
May
 

Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE

Challenge TRG Group, headquartered in Wigan, has successfull...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
07
 
Aug
 

Bristol restaurant up for sale | BUSINESS SALE

After a series of top restaurant closures in the recent past...

 
02
 
Apr
 

Hotel catering for disabled people goes on the market | COMMERCIAL PROPERTY

A hotel in North Wales, which caters for disabled people, ha...

 
25
 
May
 

North Yorkshire's Plough Inn up for sale | BUSINESS SALE

A 300-year-old stone pub in the North Yorkshire village of F...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources