Savills | Confidential Hotel, East Sussex, Eastbourne, BN21 3EL | Property for sale
0.10 Ac(0.04 Ha)
£1,650,000

Confidential Hotel, East SussexEastbourne, BN21 3EL

  • Freehold

Key features

  • Substantial privately owned hotel located in Eastbourne presented to the market.
  • Rare Freehold Hotel Opportunity
  • Within same ownership for over 16 years
  • 30 en-suite letting bedrooms
  • Prominent sea front position with stunning views
  • Will appeal to enterprising owner operators
  • Good transport links to London and wider UK
  • Freehold Going Concern Available - Guide Price £1,650,000

Confidential Sale - This is a substantial privately owned hotel located in Eastbourne that is presented to the market.

About this property

  • Description
    The property is arranged over 6 levels, with a basement, lower ground floor, upper ground, first, second and third floor level. The hotel has a gross internal area of 12,395 sq ft (1,151 sq m). The hotel sits on a 0.1016 acres (0.0411 ha) site with the building occupying 80% site coverage. There is a private owner’s garden at the rear of the property, with also a front terrace with guest seating.

    The hotel has been attractively refurbished and upgraded during the course of the current ownership to provide 30 attractive en-suite bedrooms (currently 3 bedrooms are being used for owner’s accommodation). Internally at ground floor there is the reception, main lounge bar area, office and back of house areas. A lift is also located to the right of the bar which services every floor. The restaurant and commercial kitchen are located on the lower ground floor level.

    Planning
    Our informal planning enquiries suggest that the permitted use of the property is as a hotel (Class C1). The property is not Listed but it does lie within a conservation area.

    TUPE
    TUPE regulations apply and all staff will transfer with the business.

    Fixture & Fittings
    All fixtures and fittings are included in the sale, less any personal items.

    Price
    Offers are invited in the order of £1,650,000 for the freehold business with all fixtures and fittings available and ready for continued trade.

    VAT
    Should the sale of the property or any right attached to it be deemed a chargeable supply for VAT purposes, such tax will be payable by the purchaser in addition to the sale price. It is envisaged the sale will be treated as a TOGC and therefore VAT will not apply.

    Anti-Money Laundering Regulations
    In accordance with Anti-Money Laundering Regulations, the preferred purchaser will be required to provide identification and proof of address, prior to exchange.

    The Business
    Operates as a mid-market ‘bed and breakfast’ hotel which can cater for coach parties as well as business users, couples visiting over the weekends, as well as tourists attracted the wider area.

    The room rates vary depending on the time of year and popularity but included below is a breakdown rate.

Local information

  • This Hotel is located in the popular seaside resort town of Eastbourne, 22 miles to the East of Brighton, at the foot of the South Downs. The hotel is located a short walk to Eastbourne train station, providing good transport links to London and the rest of the UK. Located in a prominent position on the Eastbourne sea front, the hotel benefits from sea views. The surrounding properties consist of residential and commercial operators.

Additional information

  • Further information will be provided upon request and subject to status. Please note this is a confidential sale and staff are unaware of the sale. Strictly no approaches.

Available space

Floor / UnitTypeSizeStatus
Building-0.1016 AcresAvailable