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Freehold Licenced Hotel In Westcliff On Sea Essex

Southend on Sea Essex
FREEHOLD WELL ESTABLISHED GREAT POTENTIAL 28 COVERS 18 BEDROOMS PARKING MAGNIFICENT EDWARDIAN BUILDING
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71736
ADVERT IMPRESSIONS : 12,208 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Hotels
SALE: Agent Sale

ASKING PRICE:

£585000

FREEHOLD:

£585000
 

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BUSINESS DETAILS:

LOCATION:
We are favoured with instructions from our vendor client to offer for sale this FREEHOLD fully licensed hotel which has been established in this Essex seaside town for many years, and only now, because of other business interests, does this very popular hotel become available.

Although the hotel has been trading successfully for many years, there is still huge potential, as the town of Westcliff, being very close to Southend, is in the process of regeneration.

With the utmost respect to our vendor client, the hotel is seeking a hands on owner occupier to generate more income from the Bar and Restaurant, which could be open to non-residents.


OWNERS ACCOMODATION
Lounge – 10ft x 9ft
Bedroom – 9ft x 9ft
Bathroom – Shower and hand basin
Lobby Area – Workshop and dishwasher


TENURE:
The property is offered for sale FREEHOLD with vacant possession upon completion.


TURNOVER:
We are informed by our vendor client the charges currently being made are £25 per single room, £55 per double room, £65 per family room. All annual turnover figures and accounts will be made available to all interested parties.


PRICE:
We are instructed by our vendor client to offer this magnificent Edwardian building and well established business, for a price of £585,000 for the benefit of the freehold building, goodwill, fixtures and fittings. Stock to be purchased at valuation.


VIEWING:
By prior appointment with PPS on 01702 602888.
   
  FOR SALE
   

REFERENCE:

GH/376 / RightBiz
   
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ENQUIRIES:

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