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Port Hotel, 11-12 Royal Parade, Eastbourne, East Sussex, BN22 7AR

£2,100,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 19 luxury contemporary suite bedrooms
  • Prime seafront location
  • Exceptional condition throughout
  • Excellent reviews and numerous awards
  • Lounge/dining room, bar and seafront terrace
  • Energy Rating B
  • Christie & Co Ref: 8846285

Description

Description

Nestled on the picturesque Eastbourne seafront, the Port Hotel offers a unique blend of modern luxury and classic charm. This award winning & design-led hotel is dramatically dark on the outside but the interior is soothingly mellow. Port’s subtle palette reflects its location. Soft sand, chalks and earthy tones mirror the pebbles on the beach, with the muted echoey greens reflective of the wind blow grass of the south downs.

The hotel itself has been the recipient of many press articles and awards including:

• Glamour magazine Best UK Hotels
• The International Hotel & Property Awards 2021 global winner – under 50 rooms
• The Sunday Times Top 100 Best British Hotels
• Conde Nast Traveller article -

…and many more!

It has also been reviewed many times on TripAdvisor and has recently won the Travellers Choice Award for 2024. It currently has 210 reviews with a rating of 4.5/5.

Location

Eastbourne is a well known and very popular town situated on the East Sussex coast and offers many well-known visitor attractions, as well as the good shopping and other leisure facilities within the town centre.

Port Hotel forms a perfect base for exploring many of the famous landmarks locally, from Beachy Head & Birling Gap to the South Downs, the famous Eastbourne tennis championships and Eastbourne’s delightful pier.

Furthermore, there are excellent road and rail connections to London and the surrounding areas. Polegate train station is only a short bus ride away car ride away and is only an hour and 23 into London terminals.

Internal Details

The hotel is accessed from the main promenade via steps through the front terrace and into a glass entrance foyer. From there, you walk into its bright and airy main focal room which includes the hotels main guest areas:

• Reception desk
• Stairs to all floors
• Lounge area
• Breakfast/Dining room
• Bar

There is also access to ancillary areas including guest toilets and kitchen.

Fixtures & Fittings

All fixtures, fittings and furnishings are to be included within the sale. Please request confirmation of this prior to offer.

Staff Accommodation

Port currently operates with no staff in place overnight, however the owner is only a short distance away for emergencies therefore all rooms are currently used for paying guests.

Letting Accommodation

The hotel features 19 beautifully appointed rooms, set over four floors and with a mix of room types as below:

• Studio Apt
• Sea View rooms
• Town rooms
• Cabin rooms
• Family rooms

All rooms come with king size luxurious Hypnos mattress.

External Details

The hotel has a large terrace overlooking the promenade and the English Channel beyond and also has an ancillary area to the rear used for bin storage, loading/unloading of linens and other hotel deliveries.

The Opportunity

Our clients are looking to sell to concentrate on other projects.

The business operates extremely well, has won numerous awards and has a very high TripAdvisor rating. It is the epitome of a ‘turn-key’ operation.
It has been renovated throughout and won design awards for its style so there is also no need for any kind of CapEx spending for a new owner to consider.

The owners have also had plans drawn up (and are available upon request) for additional rooms in a neighbouring building which would have to be negotiated on separately.

You could also re-introduce a full events schedule as well as bringing the dining in-house again to benefit from the full revenue it delivers. Currently it is outsourced to a local chef who provides a small percentage to cover the restaurant's usage.

Business Rates

Current rateable value (1 April 2023 to present) is £29,000.

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

Port Hotel, 11-12 Royal Parade, Eastbourne, East Sussex, BN22 7AR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eastbourne Station0.7 miles
  • Hampden Park Station1.7 miles
  • Pevensey & Westham Station3.3 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 8846285-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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