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Alexander's, 2 Carlisle Parade, Hastings, United Kingdom, TN34 1JG

£225,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Guest house for sale

Key features

  • Fine seafront hotel/guesthouse
  • 13 ensuite guest bedrooms
  • Very well presented throughout
  • Minutes from beach and pier
  • Rare leasehold opportunity
  • Energy Rating C
  • Christie & Co Ref: 8846269

Description

Description

The Hastings Hotel is a fine seafront property with 13 guests bedrooms laid out over six floors.

Location

Alexander's is conveniently located just off Hastings seafront and a short distance from the pier, town centre and railway station. Hastings is a long standing popular seaside town in the county of East Sussex, popular with visitors from surrounding counties, further afield in the UK and overseas tourists.

The town is well served with good road routes along the coast and northwards to the M25, London and beyond. The mainline railway station offers regular services into London, making Hastings particularly popular with those from the capital.

Ground Floor

Guest lounge, cloakroom and breakfast/dining room.

Other Floors

At basement level is the owners/manager's bedroom, good size kitchen, laundry room and various store rooms.

Fixtures & Fittings

All of the trade fixtures and fittings are included in the asking price, with the exception of any personal items.

Letting Accommodation

Guest bedrooms are located over first, second, third and fourth floors. On each of the first three floors there are four ensuite bedrooms, and on the fourth floor one ensuite bedroom and the boiler room.

The Opportunity

Alexander's has been under the current stewardship for around 18 years, during which the business has built a great reputation for comfortable accommodation and a friendly welcome.

The property has been well maintained and upgraded as and when necessary. With the current owners wishing to retire, there is a great opportunity for new ownership.

Staff

The business is currently owner operated with the support of a resident manager and a small team of part time support.

Trading Information

Trading profit & loss accounts provided by our client show that turnover for the year ended 31 March 2023 were £164,570. The business is able to demonstrate an excellent EBITDA. Full detailed accounts can be provided after a formal viewing.

Tenure

The property is currently held on a lease for a period of 15 years.

Business Rates

The rateable value of the property effective from 1 April 2023 is £10,500.

Energy Performance Certificates

EPC 1

Brochures

Alexander's, 2 Carlisle Parade, Hastings, United Kingdom, TN34 1JG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hastings Station0.2 miles
  • St Leonards Warrior Square Station0.7 miles
  • Ore Station1.1 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 8846269-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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