Description: Investment opportunity producing £30,000 per annum rental income. A substantial detached 4 storey hotel located immediately off the Promenade in a popular holiday area between Central and South Piers. The hotel is tenanted on a 15 year FRI commercial lease from January 2025 with a current passing rent at £30,000 a year. 3 year rent reviews. Currently providing a 8.6% yield Please not the property is tenanted on a 15 year commercial lease vacant possession is not available for a purchaser to operate. The tenants own the business and equipment.

Location: On the Southerly frontage of Alexandra Road at South Shore immediately off the Promenade between Central & South Piers and convenient for all attractions.

Lower Ground Floor: 4 unused basement stores

Ground Floor: Reception area and back office; disabled wc; lift (not in use); 2 triple en suite disabled friendly letting bedrooms with en suite wet rooms; spacious dining room; large kitchen; pot wash room; bar lounge;

First Floor: Upper 3 floors - 28 en suite letting rooms : Total 30 en suite bedrooms.

Exterior: Ramp to front door. Parking front & side

Business: The Hotel is let on a 15 year FRI lease dated 1st January 2025, Passing rent £30,000 per annum. 3 year rent reviews. Rent paid monthly.


NB: The business and all the equipment belongs to the current tenant.

Services: Tenants responsible for all outgoings.
All mains services. Gas central heating. Lift to all floors (Not in use by choice).

Tenure: Freehold subject to current tenancy.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.