Two stories this morning............
A FORMER guest house in Llandudno which is now used as an AirBnB has been sold at auction.
Cadnant Guest House, on Lloyd Street, had been on and off the market for several years before being converted into an AirBnB property.
The property went to auction with Auction House London on February 12, and sold for a freehold price of £360,000.
A four-storey building, the AirBnB is made up of several bedrooms, a dining room, a bar area, a cinema room, a billiards room, and even has an on-site hot tub.
The seller has said the property’s income in the last tax year (a nine-month year) was approximately £69,000, currently forecast to reach £84,000 for the end of this tax year. ref pioneer photo below...........
PSA GUEST HOUSE in Llandudno could be converted into a residential property as the business experiences a “decline in bookings and health and well-being” of its owners.
Lakelands Guest House, on Lloyd Street, has applied for a change of use, or business closure, which would allow the site to be converted into a five-bedroom house.
Owned by Gillian Evans and her husband since November 2021, the costs of running the business since then have “escalated”, a planning supporting statement said.
cont plus photo
https://www.northwalespioneer.co.uk/news/24933526.owners-seek-conversion-llandudno-guest-house-home/?ref=rss&IYA-reg=49560bcd-5a9c-47f0-8fc5-ba2e71710589