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38 bedroom commercial property for sale
Burlington Place, EASTBOURNE
EASTBOURNE has its roots firmly in tourism and occupies a key strategic location along the Sussex Coast. It nestles gently at the foot of the South Downs National Park making it well placed for attracting visitors, nationally and internationally. Eastbourne and its surrounding area offers a wealth of tourist attractions and there are approximately 4.5 million visitors annually, injecting about £230m into the local economy. Local events and in particular conferences add significantly to the tourism market.
THE PALM COURT HOTEL is extremely well located for easy access to the seafront, the theatres and the Town Centre, all within a level walk. A specious Victorian building with accommodation that is modern and comfortable with good quality furnishings throughout; there are 38 guest bedrooms, five on the hall floor, all having en-suite facilities. A lift gives access to all floors five floors.
Elevated entrance to vestibule and entrance hall.
Reception & office
Bar Lounge with dance floor
Lift to all floors
5 Guest bedrooms: 1 double, 3 twin, 1 single
LOWER GROUND FLOOR
Dining Room: Restaurant with covers for 80, dance floor and bar.
Kitchen and ancillary room, stores, walk in cold store and refridgerator, Chefs office
Ladies & Gents cloakrooms
Staff room & laundry.
11 Guest Bedrooms: 2 Double, 6 Twin, 3 Single
10 Guest Bedrooms: 3 Double, 6 Twin, 1 Single
12 Guest Bedrooms: 4 Double, 3 Twin, 4 Single, 1 Triple
The hotel has full disabled access with a ramp from the street level to the entrance.
Palm Court trades throughout the year managed by the owners and employing a night porter, chef and housekeeper as permanent members of staff and seasonal staff when required. The business is based on private and business trade, and doesn’t include coach operators. As a result the income level is very good and for the year ended March 2012 was £410,000 net of vat.
Eastbourne Borough Council
The Valuation Office website (www.voa.gov.uk) lists this property with a rateable value of £67,000. Purchasers are advised to make their own enquiries regarding Rating and Council Tax banding/payments.
Reid+Dean, for themselves and for the vendors or lessors of this property whose agents they are, give notice that: i) the particulars are set out as a general guideline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract: ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection of otherwise as to the correctness of each of them; iii) only fixtures fittings and equipment which are mentioned in writing are included in this sale, and none have been tested unless specifically stated: iv) no person in the employment of Reid+Dean has any authority to make or give any representation or warranty whatever in relation to this property.
THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.