Business Summary

* Substantial Licensed Hotel located in a prime sea front location between Central and South Pier close to all attractions
* 20 bedrooms including 19 en suite equipped to cater for 48 guests with Free view TV’s, tea and coffee making facilities and heating to all letting rooms
* Ground floor owners accommodation provides a lounge and double bedroom with en suite shower and
separate wc with the existing vendors use 5 of the letting bedrooms for private use
* The vendors have operated the business since 1988 and are looking to retire from the trade
* The spacious property benefits from forecourt parking for 6 cars and offers excellent potential to develop a prime seafront business

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE

ACCOMMODATION

Ground Floor: Entrance hall and stairs; bar lounge with corner bar, upholstered seating through to dining room with 40 covers; kitchen with fitted units; private accommodation: Sitting room, bedroom with shower, separate wc.

Lower Ground Floor: Office and store room with central heating boiler.

First Floor: Residents lounge; 6 en suite bedrooms (4 double, 2 family); separate wc.

Second Floor 7 bedrooms (4 double en suite, 2 family en suite, 1 large double used as private).

Third Floor: 7 en suite bedrooms (3 double, 2 family, 2 single); 4 bedrooms used as private

Total: 20 bedrooms (19 en suite) plus private sitting room, bedroom, shower & wc.

Exterior: Forecourt parking 6 cars, rear yard and courtyard, garage with electrical roller shutter.

BUSINESS

The business is equipped to cater for 48 guests and includes hot cupboard, 6 burner cooker, dishwasher, 2 Lincat boilers, grill, double deep fat fryer, fridge freezer, etc. A full inventory will be prepared by Kays prior to exchange of contracts. The existing owners have operated the business since 1988 and trade at a level that suits them on 15 letting rooms with a turnover of approximately £40/42,000 per annum. Potential of £85/100,000 if operated fully.

SERVICES

All mains services connected plus majority double glazing, full heating (85% central heating 15% electric), L2 fire alarm (2006).

Property Details

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