DESCRIPTION: Leasehold Promenade Hotel – 10 En Suite Bedrooms
A substantial leasehold Promenade Hotel located opposite South Pier. The 4/5 storey property offers 10 En-suite letting bedrooms, all with television, tea & coffee making facilities, central heating and double glazing. Equipped to cater for 30 guests. Private lounge, 2 En-suite bedrooms plus a dressing room. Remainder of a 10-year lease from 2014. Rent £9,500pa. The present owners have invested heavily over the years to provide an excellent standard of accommodation with viewing recommended to appreciate.
LOCATION: On South Promenade immediately opposite South Pier between Dean Street and Station Road.
Ground Floor: Vestibule, entrance hall, reception & stairs; Dining room with 28 covers, feature fire place; Kitchen; Private Accommodation: Front lounge (previously bar area); double bedroom with En-suite hand basin & Toilet.
Lower Ground Floor: Private Accommodation: Storeroom; Double bedroom with En-suite bathroom plus dressing room & Toilet, tool room, store and utility.
First Floor: 4 En-suite bedrooms (2 double with sea view, 1 twin, 1 family); Linen store.
Second floor: 4 En-suite bedrooms (1 superior double with sea view, 1 double, 1 family, 1 single).
Third floor: 2 En-suite bedrooms (1 family with sea view, 1 family).
Exterior: Rear yard and outhouse Toilet. Front walled garden area.
BUSINESS: The business is fully equipped to cater for 30 guests including in the kitchen a 5-burner cooker, griddle, water boiler, 6 bank toaster, chest freezer etc. A full inventory will be prepared by Kenricks prior to exchange of contracts. The business turnover is in the region of £45,000 on a bed & breakfast basis.
SERVICES: All mains services connected. Gas central heating, double glazing, CCTV.
TENURE: Leasehold 10 year lease from 2014, rent £9,500 pa, Full Repairing & Insuring Term.
EPC RATING: C
STOCK at valuation
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
Leasehold - 10 year lease from 2014, rent £9,500 pa, Full Repairing & Insuring Term.