Turnkey hospitality and letting income with scope for growth and conversion.
Seafront location with direct promenade access and outstanding sea views
A rare freehold seafront building offering immediate trading income and multi-use potential. Ground-floor tea rooms with direct seafront access and a fitted commercial kitchen produce strong daytime footfall, while the basement Kraken Bar is set up for evening functions and events. The top floor's four letting rooms are already configured for holiday or longer-term rental, giving multiple revenue streams from day one.
The mid floor provides private, well-presented live-in accommodation with double balconies and superb beach and sea views — ideal for an on-site manager or owner-occupier. The site also includes generous off-street parking, electric gated access and a detached double garage with mezzanine, supporting both business operations and guest parking.
This Victorian mid-terrace carries character features, high ceilings and solid brick walls; double glazing was installed post-2002, and gas central heating serves the building. There are clear opportunities to enhance turnover by refining the hospitality offer, extending holiday-let marketing, or pursuing change-of-use options to increase long-term value.
Buyers should note material considerations: the property sits in a very deprived, high-crime area and has a medium flood risk. The building is older (pre-1900) with assumed solid brick walls and no built-in insulation, so energy efficiency improvements and ongoing maintenance are likely. Prospective purchasers should factor in operating costs, licensing and potential refurbishment to meet any regulatory or guest-standard requirements.
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