• Superb Small Boutique Hotel East Sussex

    30698
    Click image to enlarge
    Under offer £185,000 +sav
    Eastbourne East Sussex
    • • Potential for 10 guest bedrooms
    • • Self-contained owner’s flat
    • • Hotel refurbished to exacting standards
    • • Overlooks Devonshire Park Tennis Club
    • • Impressive leasehold Victorian property

    Description

    This is a luxuriously appointed boutique hotel, with potential for 10 guest bedrooms (currently 7 are in operation) and a self-contained owner’s flat on the lower ground floor.  The premises is also licensed and has a small bar.  The property enjoys a unique town centre position, overlooking the Devonshire Park Tennis Club, home of the Aegon International.  The hotel has been re-furbished to an exacting standard, with a fine art theme.  The business enjoys a very high level of TripAdvisor feedback and a net turnover in the region of £132,000.

    The business is offered with the remainder of a 15-year lease, commencing December 2007, at a rent of £17,500 p.a.  The next rent review is due to take place December 2019.

     

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