Esplanade Hotel Changes Hands with Safehands

Esplanade HotelUndoubtedly, Llandudno is one of the best places in North Wales to stay if ever you’re in need of accommodation. One of the most distinguished places to set off from, you’ll be able to find your way anywhere from this seaside town.

In equal measure, the amount of superb hotels available to tourists and locals who fancy a quick getaway has always been one of the iconic aspects of the town. Now, it appears as it may be a case of, “out with the old, in with new” as ambitious new hotel plans are released.

The subject of the story, Esplanade Hotel, has been a landmark place for accommodation in Llandudno since the 1920’s and has enjoyed much success since. With previous guests including Harold Wilson and the Duke of Kent, its premium status has been well-deserved. However, sadly after many decades of business, the hotel has been sold off to a Blackpool company.

Originally touted at being worth £1.2 million, the establishment has had long stay on the market since 2012 but Safehands care providers have swooped in to set up a five-star hotel for those in need of care. On top of the original purchase price, Safehands have said that they’ll need a further investment of £2m so that it is properly disability friendly.

The change of hands will see a 90 year end to the family business but with the upside of more jobs being created in the care sector and the possibility of a five star hotel coming to these shores. The figures indicate that as many as 19 jobs may be created for outside professionals.

This large transaction comes off the back off a good year for hotel sales in Llandudno. A representative from Colliers said: The sale of the Esplanade Hotel completed an exceptionally busy year for our hotels team in Manchester with more than £18m of hotels and guest houses being sold during 2013 in the North West alone.

“The number and value of transactions shows that market conditions are starting to recover for good quality commercial hotels, with North Wales being of particular interest for hotel operators.”

It will be interesting to see how the story develops so for any updates, make sure you check back on Visit Llandudno.


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