Historic 21‑room freehold with clear conversion and income potential.
Prime seafront corner position with many sea‑view bedrooms
A prominent seafront freehold with 21 ensuite bedrooms and a one‑bed manager’s apartment, offered with all fixtures and fittings. The Victorian façade, bay windows and corner location give strong curb appeal and many rooms enjoy sea views or balconies. Solid brick construction, recent double glazing and mains gas central heating provide a sound structural and services baseline.
This has operated as a lifestyle hotel for c.40 years with scope to lift trading and margins quickly through improved marketing, yield management and food/drink offering. There is clear redevelopment potential into luxury flats (subject to planning) for buyers seeking a high‑profile conversion in a prime promenade position.
Material considerations are factual: turnover is modest at £54,881 (year end March 2024) and the surrounding area records high crime and very high deprivation indices, which may affect lettings and pricing. Broadband speeds are slow and on‑street parking only; any change of use would require planning permission and likely investment to modernise interiors and services.
Investors and developers should value this as a location‑led opportunity — significant upside exists but will require active management, refurbishment and planning input to realise full value.
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