Property description

Mid terraced freehold property with sun lounge frontage
Situated yards from the South Promenade
Popular holiday area close to the beach and all Attractions
9 en suite letting bedrooms with TV's, drinks facilities
Central heating and double glazing
Equipped to cater for 24 guests
3 Star guest accommodation accreditation
Private lounge, double bedroom en suite shower and wc
Leasehold a rent of £9,000 pa
A clean and well-presented hotel
For sale due to pending retirement with the owners having operated the business since early 1990

Property Reference 0KL3418

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Ground Floor

Vestibule entrance; residents sun lounge; dining room with 24 covers through to bar lounge with upholstered seating and fitted bar counter; customers toilet; kitchen with stainless steel sink unit; Private Accommodation: Lounge with living flame gas fire; bedroom with en suite shower and toilet



First Floor

5 en suite bedrooms (3 families, 1 double, 1 single)



Second Floor

4 en suite bedrooms (2 double, 1 family, 1 single); linen store & boiler

Business
The business is equipped to cater for 24 guests with hot cupboard, 4 burner oven, 6 bank toaster, grill, dishwasher, fridge freezer, etc. A full inventory will be prepared by Kenricks prior to exchange of contracts. The vendors have operated the hotel since 1990 and now run the business to suit them trading July to October on a B&B basis. Turnover levels in the region of £30,000 (2011) full figures will be made available after viewing. If the hotel is run to its full potential, as it has in the past, it is capable of a turnover in the region of £40,000 plus.



Services

All mains services connected, 3 Phase electric, central heating, double glazing and L2 alarm.



Tenure

Freehold or Leasehold : New Full Repairing and Insuring lease commencing rent £9,000 pa. Excluded from Landlord and Tenants Act.

Property Features :

• Situated Yards from the Promenade
• Close to all Attractions
• Caters for 24 Guests
• 3* Accreditation
• Retirement Sale