Overview
Description
Description
Offered for sale is a 20 bedroom bed and breakfast in a fantastic elevated position with flexible accommodation throughout.
The site sits on the main road to the Esplanade and beaches and offers sea views from the front of the property. To the rear is a parking area accessed from Beatrice Avenue offering parking for approximately 10 vehicles.
The property currently benefits from outline planning permission for the side extension of the current hotel to be demolished and 8 x 2 bedroom apartments to be constructed, each with allocated parking spaces. The permission also allows for the original hotel accommodation to be refurbished and offer 8 bedroom letting rooms.
This site needs to be viewed to understand the opportunities available.
Terms
The site is available freehold at a guide price of £800,000 for the current trading bed and breakfast and the site adjacent with planning permission.
Rates
The VOA shows a rateable value of £11,750. The property would benefit from small business rates relief, please direct any enquiries to the local business rates department.
Viewing
All viewings to be arrange via HRD Commercial. Please contact 01983 527727.
Planning
Outline planning permission was granted in March 2023 under reference no: 21/01941/OUT. Please note the site is also subject to a Section 106 Legal Agreement.
Location Details:
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