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.
One of the best ways to find properties below market price is to look at recent administrations.
Find businesses for sale here.
Exciting opportunity to own a thriving, cutting-edge multiplayer virtual reality experience located in the bustling area of Ealing.
LEASEHOLD
This is a unique opportunity to acquire a reputable tour operator with a solid track record, specialising in bespoke travel experiences across the Indian Ocean, India, Sri Lanka, and Southeast Asia.
Opportunity to acquire a prominently located Cotswolds inn in Chipping Norton, ideally positioned at the village entrance.
FREEHOLD
25
|
Apr
|
Scaffolding company Hi-Point Access raises funds following Gap acquisition | BUSINESS SALE
Sheffield scaffolding company Hi-Point Access has secured &p...
24
|
Apr
|
Malaysia's IJM buys a stake in London construction firm JRL | BUSINESS NEWS
IJM Corporation Berhad has bought a 50% stake in Borehamwood...
24
|
Apr
|
Training group Babington bought by PE-backed Knovia | BUSINESS SALE
Apprenticeship and training provider Babington has been acqu...
25
|
Apr
|
Scaffolding company Hi-Point Access raises funds following Gap acquisition | BUSINESS SALE
Sheffield scaffolding company Hi-Point Access has secured &p...
24
|
Apr
|
Red Blaze chooses employee ownership | BUSINESS SALE
Twigworth, Gloucester-based events business Red Blaze has tr...
24
|
Apr
|
Training group Babington bought by PE-backed Knovia | BUSINESS SALE
Apprenticeship and training provider Babington has been acqu...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.