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Established Coastal Resort Hotel – South Devon For Sale

Devon, UK
Asking Price:
£2,500,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

A substantial, long-established freehold coastal hotel, offered on a strictly confidential basis

This is a sizeable and well-located coastal hotel occupying a prominent position within a popular South Devon resort, conveniently positioned for the town centre, harbour and seafront amenities.
The property is a character building that has been extended over time to provide a significant number of letting bedrooms together with generous public and back-of-house areas. The business is well established and benefits from a long period of stable ownership.
In addition to its continued use as a hotel, the property may also appeal to purchasers considering repositioning, redevelopment or alternative uses, subject to planning.
Further information will be made available to genuinely interested parties upon completion of a confidentiality agreement.

Our Ref: CD-20192
Circa 80 en suite letting bedrooms
Well-proportioned food, beverage and leisure facilities
Multiple public areas suitable for dining, entertainment and licensed use
Outdoor heated swimming pool with terrace / garden seating
Extensive on-site parking, including coach provision
Set within approximately 1.5 acres of level ground
Located in an elevated position / complimentary traders close by
Potential for alternative uses, subject to obtaining the necessary consents
• FH Price: £2,500,000 Guide Price

Property Information

Property:

Freehold