Situated in the heart of one of the United Kingdom's most popular tourist destinations, The Albert Hotel & Pub presents a unique blend of tradition, charm, and exceptional opportunity. This versatile establishment, ideally suited for both seasoned operators and aspiring publicans, possesses significant potential.
Renowned for its cask ale excellence, The Albert boasts seven lines, solidifying its reputation for serving top-quality ales. Furthermore, the establishment has garnered acclaim for its high-quality and delectable cuisine, having become a preferred dining destination for visitors. Equipped with a fully fitted kitchen designed to accommodate high-volume food service, The Albert thrives during peak tourist seasons.
The Albert offers a welcoming ambiance with seating for 85 covers within its cosy yet spacious interior. Additionally, an expansive patio area exceeding 30 covers features heated and covered pods, providing a comfortable outdoor dining experience.
Main Building: The Main Building offers six to seven bedrooms, making it suitable for owner-occupancy or accommodating a team of staff.
Rear Property: A self-contained one-bedroom unit provides additional flexibility.
The Cottage: The recently refurbished Cottage features two en-suite double bedrooms, a kitchen, and living areas, making it ideal for holiday lettings.
Stock & Glassware: £12,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £491,435.78
Forecast Dry Turnover: £737,106.46
Forecast Other Turnover: £75,223.16
Forecast Turnover: £1,303,765.40
Year 1 Rent: £0.00
Guide Rent: £140,000.00
Initial Deposit: £0.00
Full Deposit: £35,000.00
Full Tie Release: £64,750.00
Agreement Fee: £795.00
Repair Fund: £2,500.00
Fixtures & Fittings: £50,000.00
Working Capital: £62,900.00
The Albert Hotel & Pub is one of the standout properties in the area. It’s not just about the prime location in Llandudno; it’s about the complete package this venue offers. The reputation for high-quality food and drink, combined with its well-maintained accommodation options, make it a real gem for any operator.
With seating for over 115 guests across indoor and outdoor spaces, and the ability to cater to peak tourist seasons with ease, it’s perfectly set up for success. There’s so much potential here for someone with the right vision to grow both the pub’s food service and its accommodation business. This is an opportunity to take an already well-loved establishment and make it even better.
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Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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