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Freehold Seafront Hotel Site For Sale
Bognor Regis, West Sussex, United Kingdom
Financials
Asking price: £625,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: £25,000
Stock value: Undisclosed
Business description
Prominent Seafront position comprising of 12 room Hotel + 3 bed Cottage. Hotel run under management since 1979. Price includes all fixtures & fittings and Vacant Possesion
Years established: Owned Since 1979
Trading hours: Full on licence +12 midnight Fri/Sat/Sunday
Property: Freehold
Living accomodation
3 bed s/c flat overloking gardens & sea. The cottage above hair salon on the right of the picture ( included in the Freehold ).
Location
Prime Seafront position, opposite Pier & Gardens, Bognor Regis undergoing massive redevelopment. Would convert to 13/14 flats subject to planning.
Expansion potential
Under management since 1979,potential for owner operator/family.
May be of interest to developers - subject to planning.
Competition / Market
Please note I am selling "as is" lock stock and barrel (no books). Only persons with available capital should apply.
Reasons for selling
Retirement.
Related website: www.bellevuehotel.co.uk
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