Premier Inn Southend on Sea (Thorpe Bay) Hotel, 213 Eastern Esplanade Thorpe Bay, Southend on Sea, SS1 3AD

£1,350,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Hotel

No floor / site plan

Key features

  • Strategic location overlooking Thames Estuary
  • 43 ensuite guest bedrooms
  • Limited-service offering
  • Shared car parking (110)
  • Sold clear of Premier Inn branding
  • Energy rating TBC
  • Christie & Co Ref: 1446740

Description

Description

Premier Inn Thorpe Bay is a contemporary and comfortable hotel located in the Thorpe Bay area of Southend-on-Sea, a primary residential area of this famous Essex seaside city. The hotel is close to the iconic Kursaal and sits directly opposite the beach offering views out over the Thames Estuary.

The hotel is popular with tourists and visitors throughout the year, but particularly in the summer months and school holidays, as well as commercial and corporate travellers.

The hotel is a well-presented two-storey property with rendering on the exterior and a pitched slate-style roof.

Location

The hotel is situated in Thorpe Bay, a suburb of Southend-on-Sea, which lies approximately 4 miles to the west of the city. The city of Southend is a coastal city on the north side of the Thames Estuary and around 40 miles east of London. Famed for its seaside location and tourist attractions such as the Kursaal, an historic amusement arcade, the pier, and award-winning beaches.

The city has a resident population of around 180,000, which
increases significantly during school holiday periods and the warmer summer months. There is a regular influx of weekend visitors throughout the year, with the city being particularly popular for hen and stag parties.

Southend has a number of key employers, including those in the
aerospace sector, with the airport now providing daily services
throughout Europe alongside associated aircraft businesses. Other major employers in the area include manufacturing and financial services.

Southend is easily accessible by road via two principal A-roads (A127 & A13), both of which connect to the M25. There are two rail stations connecting to London’s Fenchurch and Liverpool Street stations.

Internal Details

The hotel features 43 well-equipped ensuite guest bedrooms, including standard and family rooms, as well as accessible rooms for guests.

Fixtures & Fittings

We are advised that the fixtures and fittings are owned outright and are included in the sale as a going concern, with the exception of any branded items.

External Details

The hotel benefits from a large car park with approximately 110 spaces, located to the side of the property and to the rear of the adjoining food-led public house, with which it shares these facilities.

Staff

The business is for sale as a going concern, and as such all staff will transfer under TUPE legislation.

Trading Information

The hotel currently operates successfully under the Premier Inn model, maintaining strong occupancy due to local demand from Southend on Sea and the surrounding Essex area. Upon sale, the hotel will be fully de-branded, and all traces of Premier Inn signage, marketing, and intellectual property will be removed prior to completion, allowing the purchaser complete freedom to reposition or relaunch the property under their preferred brand or as an independent operator.

Tenure

The property is Long Leasehold with 977 years remaining at a peppercorn rent.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Premier Inn Southend on Sea (Thorpe Bay) Hotel, 213 Eastern Esplanade Thorpe Bay, Southend on Sea, SS1 3AD

NEAREST STATIONS

National Rail

Southend East Station

0.78 miles

National Rail

Thorpe Bay Station

0.94 miles

National Rail

Southend Central Station

1.46 miles

About Christie Owen & Davies Ltd, Hotels

Christie Owen & Davies Ltd, 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.

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.

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Disclaimer - Property reference 1446740-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 Owen & Davies Ltd, 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.