Grand Hastings, 1 Grand Parade, St Leonards-on-Sea, Hastings, TN37 6AQ
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Tenure
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- Primary use
- Hotel
Key features
- 21 ensuite bedrooms
- Prime seafront location
- Excellent size opportunity
- Lounge & dining room
- Development opportunity (STPP)
- EPC: C - One-bedroom manager's apartment.
- Christie & Co Ref: 8846287
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.
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 with owner's accommodation within walking distance of 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.
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 AccommodationThe 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.
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 AccommodationOwner'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 OpportunityThe 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.
We have been provided with year end March 2024 'Accounts' showing net turnover of £54,881. Further trading information will be provided on request.
Business RatesCurrent 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.
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- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Grand Hastings, 1 Grand Parade, St Leonards-on-Sea, Hastings, TN37 6AQ
About Christie & Co, Hotels
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.
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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.