£79,950 (Leasehold)View More Details
DESCRIPTION: Leasehold 26 Bedroom Licensed Hotel with a Restaurant situated on the prestigious North Promenade, being close to Gynn Square and Town Centre. This substantial seafront property has parking for 6 cars and is in lovely order throughout and needs to be viewed to be fully appreciated. Ill health forces sale. The Hotel is fitted out to a very high standard throughout and the extensive and high quality inventory is included in the sale.
Ground Floor: Entrance Hall with Reception area with tiled flooring and seating area; Stylish and contemporary Restaurant with Bar Lounge area and Dining Room, timber bar with a range of pumps and optics, Dining Room has concealed lighting and seating for 40 diners; Toilet; Kitchen with a range of commercial catering equipment and utensils to cater for all guests; Still Room; Store Room; Pantry; Staff Room with Shower and Toilet (This could be used as a Private Master Bedroom with En-Suite); Large storage area which was previously used as Private Lounge;
First Floor: 9 en suite bedrooms (5 double, 2 twin, 2 single currently not used); Balcony leading onto decking area with seating for guests; Laundry Room
Second Floor: 10 en suite bedrooms (1 Family, 5 Double, 2 Twin, 2 Single);
Third Floor: 7 en suite bedrooms (6 double, one not being used, 1 single not being used);
EXTERIOR: Forecourt providing parking for 4 and rear yard providing parking for 2 vehicles.
SERVICES: The Hotel has centrally heating, double glazing, L2 Fire alarm system and CCTV installed. All Letting Bedrooms have flat screen tv’s and refreshments.
BUSINESS: We are informed that trading accounts will show a turnover of £92,000 pa.
TENURE: Leasehold. We are informed there is a 7 year Lease from 2nd April 2017 at a rent of £25,000 per annum
Tenure Type: Leasehold
Private Living: Yes