Eastbourne, Royal Parade, East Sussex, BN22 7AN

A fine detached period building with colour washed elevations. The hotel stands on a generous corner plot overlooking the seafront and with far reaching views of the English Channel and the beautiful sun lounge is the perfect place to relax and enjoy these views.

The property is superbly presented throughout, having undergone continuous updating and re decoration, including full refurbishment of the luxury four bedroom owner’s accommodation.

The Hotel is prominently located on the seafront of the Sussex town.

At ground floor level there is an entrance hall and reception, restaurant for c.65 covers, a guest lounge, a sun lounge for c.20 covers with beach and sea views and a service kitchen.

On the lower ground floor there is the function room and bar for 60 (seated), a generously proportioned and well equipped trade kitchen that has good preparation and wash up areas and plenty of storage, plus cold store and laundry.

There is also access from the kitchen to the rear of the building which has meant a 'dark kitchen/takeaway' service has been running and presents another opportunity for the new owners.

All trade fixtures and fittings are included in the asking price.

There are 32 ensuite guest bedrooms offering a selection of single, twin, double snd executive level rooms. There are also two studio flats on the fourth floor which are currently let on a longer term basis.

Many rooms have sea views.

To the front of the property is a terrace for c.40 covers where guests can sit outside and enjoy the views across the beach and sea.

The hotel also benefits from secure gated parking to the rear and there are free public parking bays available nearby.

At lower ground floor level there is a refurbished owner’s apartment which has been fitted to a very high standard and includes four bedrooms, (one having an ensuite bathroom), a family shower room, living room with patio doors and a superbly fitted and equipped kitchen.

The apartment also benefits from having its own secluded walled patio garden and own entrance.

The business has been owned by our client for over 20 years, during which time the property and business have been heavily invested in. Our client has built up an excellent reputation and enjoys good repeat business.

The business is now being sold because the owner’s wish to retire from the trade, therefore giving an incoming purchaser the opportunity to continue to run an established and superbly presented business and with lots of opportunity to increase revenue.

The business is run by a hands on owner with the help of a small complement of full time, part time and casual staff.

The business trades well, however, it does not trade all year round. There are many opportunities for a new incoming owner to increase trade should they wish to do so.

Formal trading information can be provided following a formal viewing.

Available as a long leasehold purchase with a term of 999 years from 3 March 1988, and a peppercorn rent.

The rateable value for the business (1 April 2023 to present) is £31,000. 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.