Wed, 25 Jan 2023 | COMMERCIAL PROPERTY
The Eastbourne Riviera Hotel, located on the town’s popular seafront, has been put up for sale with an asking price of £2.3 million. The hotel features 37 en-suite bedrooms, sea views, a restaurant, bar, sauna, gym and sun terrace. It is being put up for sale as a freehold, with the sale process being handled by lettings firm HW Estate Agents, and is available with no chain.
The restaurant, which has a modern professional kitchen, caters for up to 150 covers and can also be used to host large functions. The hotel also has a smaller conference room, which can host functions for up to 30 people, as well as meeting rooms.
A listing for the hotel describes it as “very well maintained” with the rooms, which all come with access to the hotel’s bar, restaurant sauna and gym, in “good decorative order”. The hotel is in close proximity to Eastbourne’s amenities, the town’s seafront promenade and pier.
The hotel, which is situated on Eastbourne’s Marine Parade, also provides easy access to rail, road, bus and ferry connections, with Eastbourne Station located just 0.6 miles away. It is a short walk from the popular town centre, which is home to several restaurants, pubs and wine bars, while the town also features attractions such as museums, art galleries, castles, parks and a zoo.
The hotel is set over three floors and a basement, with the reception, breakfast and dining areas located on the ground floor, along with function rooms and the kitchen. The approximate gross internal area of the hotel is around 13,769 sq ft.
Read more about M&A activity in the UK hotels sector.
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