Superb Small Boutique Hotel East Sussex30698Sold £185,000 +savEastbourne 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
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.