A fantastic opportunity to acquire a substantial hotel in the heart of one of East Devon's most popular seaside towns with stunning sea views.
Grade II Listed Hotel with circa 28 bedrooms plus restaurant, bar and lounge and function suite. Benefiting from recent refurbishment. Established and profitable trading track record.
Significant development opportunity subject to planning permission with conversion to residential flats already secured on part of the site.
Additional freehold land and garages available separately for £250,000.
Ground floor two bedroom flat, suitable as owners' accommodation, available separately on a new 999 year lease for £300,000.