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Grand Hotel, 1 Grand Parade, St Leonards-on-Sea, Hastings, East Sussex, TN37 6AQ

£1,050,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 21 ensuite bedrooms
  • Prime seafront location
  • Excellent size opportunity
  • Lounge & dining room
  • Development opportunity (STPP)
  • One bedroom manager's apartment. Energy Rating C
  • Christie & Co Ref: 8846287

Description

Description

The hotel sits in one of the most prominent positions on the seafront and offers spacious accommodation throughout.

The building is approached from street level and up a small number of steps to the main door which leads to the hallway and reception desk. From here there are stairs to all floors with access to:-

• Lounge room
• Breakfast/dining room
• Bar
• Guest toilets

You also have access to ancillary areas such as the owner’s apartment, kitchen, laundry and various store areas.

Location

St Leonards-on-Sea (commonly known as St Leonards) is a town and seaside resort in the Borough of Hastings. Located directly on St Leonards seafront and close to local amenities, The 'Grand Hastings' is a 21 bedroom hotel and owner accommodation within walking distance to restaurants, shops and the beach.

The town has train links to Eastbourne, Brighton and other local destinations, as well as to London in just over 1.5 hours.

Fixtures & Fittings

All fixtures, fittings and furnishings are to be included within the sale, save for any personal effects of the owner. Please request confirmation of this prior to offer.

Letting Accommodation

The hotel has 21 ensuite bedrooms set over four floors and caters for tourists, families and coach parties, and has a selection of single, twins, doubles and family rooms.

Many bedrooms have sea views, and some have balconies.

External Details

The hotel is sat on a corner plot on the junction of Grand Parade and Market Street. Parking is available on the street and within local car parks.

Owner's Accommodation

Owner's/staff accommodation is situated on the lower ground floor and offers a one-bedroom self-contained apartment with a large living room, double bedroom and bathroom.

The Opportunity

The current owner has run the hotel for c.40 years and is now looking to retire. In recent years the hotel has been run as a lifestyle business and therefore there is a huge potential to increase revenue with ease.

Any developers looking for a prime location to develop luxury apartments should consider this opportunity and whilst any development would be subject to change of use and planning, there are many other private dwellings situated very close to the hotel.

Trading Information

Trading information will be supplied following a formal viewing.

Business Rates

Current rateable value (1 April 2023 to present) is £16,500.

This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Energy Performance Certificates

EPC 1

Brochures

Grand Hotel, 1 Grand Parade, St Leonards-on-Sea, Hastings, East Sussex, TN37 6AQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St Leonards Warrior Square Station0.3 miles
  • West St. Leonards Station0.9 miles
  • Hastings Station0.9 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 8846287-fh. 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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