The Manchester Office of UK independent property consultants Graham + Sibbald are pleased to have acted on behalf of a private client to secure the sale of the profitable Lawton & Lauriston Court Hotel in Llandudno off a guide asking price of £2,000,000 to regional multiple hotel operator Four Saints Hotels who own and operate a number of other hotels in North Wales.
The Lawton & Lauriston Court Hotel is situated in a prominent location close to the famous pier, overlooking Llanduno Bay. Llanduno is one of North Wales premier leisure destinations with a vibrant mix of tourist attractions, leisure activities, retailers and restaurants. The Victorian seafront hotel was formed from three terraced properties which were amalgamated to create an impressive and well presented 35 bedroom character hotel. Martin Davis, Partner and hotel specialist of Graham + Sibbald commented, “It was a pleasure working with the sellers, buyers and their advisors to conclude another successful hotel transaction. We are sure that Dr Shoukry Rozek and his team from Four Saints Hotels will be delighted with their latest acquisition and we wish them all the best with their latest venture.” “We would also like to thank Mike Cox of Stewart Hindley & Co, Vernon Oliver of Gamlin’s Solicitors and Sonio Singh of Davis Blank Furness Solicitors for all of their help and assistance with the transaction.”
The purchaser and Director of Four Saints Hotels, Dr Shoukry Rozek said, “ Four Saints Hotels are proud to add the impressive Lawton and Lauriston Court Hotel to its portfolio. This elegant, top-end establishment will offer unforgettable experiences to our guests. We offer our heartfelt thanks to all the involved parties for their dedication and collaboration in making acquisition happen. Together with the team at the hotel, we are setting new heights for Four Saints Hotels and looking forward to the future.”
Graham + Sibbald are also currently marketing two other high profile profitable Hotels in North Wales, The impressive Bulkeley Hotel in Beaumaris, Anglesey and the charming Hand Hotel in Llangollen. For more information about these and other hotel opportunities across the UK. Please contact Martin Davis (07840 022259), or visit our website: Property Search | Graham & Sibbald (g-s.co.uk)
Graham + Sibbald has over 250 employees and 30 partners working across its 21 UK offices in Scotland and England.