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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

Photograph of this business for sale
 

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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