THE buyer of a hotel on Llandudno’s seafront has been announced.
Everbright Hotels has confirmed it has purchased the Queens Hotel, along with the Queens Lodge, on the resort’s promenade.
It was due to go to auction with property consultancy firm Allsop on February 3, with a guide price of £200,000 to £250,000.
But Allsop said that the hotel was “sold prior” to auctioning.
Along with the Queens Hotel, the Belmont and the Llandudno Bay Hotel were the other two establishments owned by Northern Powerhouse Developments that had been placed in administration and closed.
Last year, Everbright Hotels bought the Belmont and Llandudno Bay, with the Belmont having now reopened.
Everbright said it will first offer leaseholders wanting to give up their leases an early chance to do so.
An Everbright Hotels spokesman said: “Everbright Hotels are pleased to confirm acquisition of Queens Hotel and Queens Lodge Llandudno.
“Our first priority will be to provide leaseholders who wish to relinquish their leases an early opportunity to realise some value.
“We shall also be carefully reviewing structural reports before working up full a full planning application outlining our proposals to invest in these buildings which will result in them becoming leading, iconic venues for Llandudno and North Wales with an expected opening date of early 2025.”
The Queens Hotel closed in May 2020 after initially shutting temporarily in March of that year.
The 83-bedroom hotel had been welcoming guests for more than a century, and has a large dining area with about 160 covers, and function facilities consisting of two large ballrooms.