A HOSTEL is up for sale with a guide price of £495,000.

The long leasehold interest for the Llandudno Hostel is for sale

Owners James and Melissa Powell purchased the building in 2002, choosing to run it as a hostel. They are now selling it for family reasons.

James said: “Llandudno Hostel caters for individual travellers, larger families as well as school and sporting groups.

"Our aim is to provide exceptional quality accommodation at an affordable price, providing bed and continental breakfast with excellent customer service - this makes a profitable business with a strong repeat customer base."

Lesley Watmough, of leisure property specialists Fleurets, said: “The property is in the town centre and provides 11 letting rooms.

"With a turnover of £145,000, high profit margins and strong forward bookings, this offers a great opportunity for somebody looking for fun-loving outdoor orientated clients, working in a highly rewarding environment and with an opportunity for financial growth by extending the existing food and beverage market.”

The property also possesses two further staff rooms, a lounge bar as well as a dining area with space for up to 50 covers.