Asking price: Offers in the region of £2,000,000
Asking price includes:
Substantial Freehold Property
All fixtures and fittings
Fully licensed Public/Residential Bar
Superb central location
Panoramic sea views
30 Guest Bedrooms
60 seat dining room
Basement suitable for nightclub
Planning permission for 16 apartments & 5 commercial units
Right to use 60 car spaces
Goodwill
Business profile:
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This is an opportunity to acquire a freehold hotel in a truly stunning cliff top location with panoramic sea views. It is situated in a very desirable destination town close to many attractions, areas of interest and outstanding natural beauty.
The hotel has been owned by the present owners for some twenty years, and although it is in need of some restoration it presents a fantastic opportunity for a buyer, either to build the business or to convert the freehold into 16 luxury apartments with fantastic views, plus 5 commercial units on the ground floor.
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