A large, empty hotel lobby with polished floors and bright natural light coming through glass doors.

Excellent Hotel with Additional Development Potential

Under Offer
Price Reduced
Sold Subject To Contract
Sold
Let
Property Category:
Hotels / Guest Houses
Location:
County:
South of England
Ref:
31061
ASKING PRICE
Freehold £2,000,000
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Summary.

This is an excellent opportunity to acquire a profitable, established 30+ bedroom hotel close to the seafront in a popular South Coast Town.  There are two restaurants, lounge bar, function facilities and large owner/manager's accommodation.  Guest accommodation includes a number of apartment-style suites.

 

The business operates very profitably but there is scope to further develop in order to expand the hotel.  It may also be possible to redevelop the entire property to residential apartments (STPP).

 

• 30+ bedrooms

• Potential to increase rooms

• Residential development possible

• Very profitable business

• Close to seafront in busy town

 

Please note that this is a confidential sale and a completed NDA will be required before further details can be released.   If you wish to receive further information, please download the full property details, which in this case will be the NDA. Once completed, please return it to us by email to info@gps-direct.com.