A substantial semi detached leasehold hotel located in a popular holiday area immediately off the promenade at South Shore between Central and South Pier. 18 comfortable en suite letting bedrooms all with TV's, tea & coffee making facilities and central heating. Spacious pubic areas include bar lounge and games room with separate dining room and 2 private bedrooms and a bathroom in the basement. Additional owners accommodation is provide by a totally self contained two storey coach house building to the rear courtyard comprising of a large open plan lounge diner and kitchen with 3 bedrooms to the first floor plus bathroom and separate shower and wc. Parking for approx 8 cars to the courtyard accessed via a secure gated arch. Presently operated on room only providing excellent scope to expand to B&B if required. New Full Repairing and Insuring lease available from the landlord rent £25,000 per annum.
- Asking Price:
- £65,000
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
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Leasehold
- Lease Terms:
-
New optional 7 or 10 year Full Repairing and Insuring lease available from the landlord at a commencing rent of £25,000 per annum payable quarterly in advance. 2 year rent reviews.
- Location:
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On the northerly frontage of Alexandra Road at South Shore immediately off the Promenade between Central & South Piers and convenient for all attractions.
