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The Laurels Hotel, Skegness, PE25

£340,000

Business rates & charges may apply

Sidney Phillips Limited, East
SIZE

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SECTOR

12 bedroom hotel for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Beachfront hotel with 9 en suite letting bedrooms
  • Dining room (24), guest lounge/bar (7) and front patio (12)
  • Rear car park (5) and 2 enclosed private owners' yards
  • Owners' apartment with 3 double bedrooms and lounge
  • Well reviewed profitable business with repeat custom
  • Retirement sale - only operated for 5 months of the year

Description

The Laurels Hotel is situated on South Parade in the seaside resort town of Skegness, on Lincolnshire's east coast. The town is 41 miles east of the county capital and cathedral city of Lincoln, 22 north-east of the small port town of Boston and 7 east of the magnificent Lincolnshire Wolds, an Area of Outstanding Natural Beauty (AONB). The town benefits from excellent road links with the A52 passing through the town from Boston to Mablethorpe and the A158 connecting Lincoln to Skegness. The A16 is found to the north-west of the town via the A1028.

The town is served by the local Skegness railway station and is the terminus for the Grantham to Skegness line. Trains run the full length of this and the Nottingham to Grantham line to connect to the East Midlands. Regular town bus services operated by Stagecoach Lincolnshire run along the coast as far as Mablethorpe, as well as inland to both Boston and Lincoln. Skegness benefits from a variety of notable landmarks, attractions and amenities such as the Natureland Seal Sanctuary, the Diamond Jubilee Clock Tower (built in 1898) and the 129 yards long pier, all of which are only a short walk from the property. The town also has a variety of primary and secondary schools, as well as a hospital and a number of shopping outlets.

The Laurels Hotel occupies a four storey, mid terrace, brick building under a part pitched tile, part flat felt roof. The property benefits from being only a few hundred yards from the town's main amenities and beachfront.

GROUND FLOOR
- DINING ROOM with seating for 24, carpet flooring, feature fireplace and external door to the front patio.
- FRONT PATIO which has seating for 12, an electric sheltered canopy and stairs leading up to South Parade.
- LINEN CUPBOARD.

PRIVATE ACCOMMODATION
On the ground floor comprising:
- DOUBLE BEDROOM with external door to a gated and enclosed private courtyard.
- PRIVATE COURTYARD which progresses to a gated and enclosed rear patio.
- REAR PATIO which houses a metal storage shed and provides access to the rear car park.
- REAR CAR PARK with space for 5 vehicles.
- DOMESTIC KITCHEN which is utlised for commercial use.
- REAR HALL with an 'Ideal' central heating boiler and an additional external side door to the private courtyard.
- STUDY.
- UTILITY ROOM with an additional external side door to the private courtyard.
- FAMILY BATHROOM.
- LOUNGE with log burner.
- CONSERVATORY with door leading out to the rear patio.
- DOUBLE BEDROOM.
- DOUBLE BEDROOM.

FIRST FLOOR
- Stairs from South Parade leading up to the FRONT ENTRANCE PORCH.
- FRONT ENTRANCE HALL with carpet flooring, staircase leading up to the first floor and a staircase leading down to the lower ground floor.
- GUEST LOUNGE/BAR with seating for 7 and carpet flooring.
- TWIN ROOM with SHOWER EN SUITE.
- COMMUNAL WC.
- LETTING SUITE comprising a DOUBLE BEDROOM, SHOWER EN SUITE and SEATING AREA/DRESSING AREA.

SECOND FLOOR
- DOUBLE BEDROOM with SHOWER EN SUITE, BALCONY and SEA VIEW.
- DOUBLE BEDROOM with SHOWER EN SUITE, BALCONY and SEA VIEW.
- TRIPLE BEDROOM with SHOWER EN SUITE.
- FAMILY BEDROOM with SHOWER EN SUITE.

THIRD/TOP FLOOR
- DOUBLE BEDROOM with SHOWER EN SUITE, BALCONY and SEA VIEW.
- DOUBLE BEDROOM with SHOWER EN SUITE, BALCONY and SEA VIEW.
- KING SIZE BEDROOM with SHOWER EN SUITE.

Our clients have owned The Laurels Hotel since March 2021, opening the business in May 2021 after the Covid-19 lockdown. Since their time with the property they have transformed a tired building into a repeat business destination seaside venue. The business is currently operated by our husband and wife clients and their two children, who have combined to create this highly reviewed seafront hotel. The business benefits from a 'Superb' 9.4/10 rating on Booking.com, an 'Excellent' 5/5 star rating on TripAdvisor and a 9.4/10 'Excellent' rating on Kayak. The kitchen has also been given a 5 star rating from the Food Standards Agency (FSA). Our clients now wish to offer the property to the market so they can retire.

The Laurels Hotel welcome a variety of guests which mainly include families, holidaymakers and visitors to the nearby golf courses, business professionals, backpackers and those needing accommodation when attending specific events on the Lincolnshire coast also frequent the venue. In 2024 the business earned the Booking.com Traveller Review Award by offering 9 modern and attractive guestrooms all including wi-fi, towels, toiletries, tea & coffee making facilities alongside a flatscreen television. For further information regarding the business visit

The property offers masses of potential for a new operator with the premises trading only 5 months of the year from April to September. Although a cooked breakfast menu is currently available to guests the opportunity to introduce an evening meal offering, as well as allowing 'walk in' external trade could be implemented by a new operator.

The Laurels Hotel, Skegness, PE25

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Skegness Station0.5 miles
  • Havenhouse Station3.4 miles
  • Wainfleet Station5.1 miles

About Sidney Phillips Limited, East

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

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