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East Devon Seaside Hotel

For sale: £900,000.00|Hotels, Licensed & Leisure

Property details

FOR SALE£900,000.00
ADDRESSEast Devon Seaside Hotel, Circa 28 bedrooms, elevated town location, 200m from the beach, EX1 1QA
TYPEHotels, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON7th December 2021

Description

Grade II Listed Hotel with circa 28 bedrooms plus restaurant, bar and lounge and function suite. Benefiting from recent refurbishment. Established and profitable trading track record.

Significant development opportunity subject to planning permission with conversion to residential flats already secured on part of the site.

Additional freehold land and garages available separately for £250,000.

Ground floor two bedroom flat, suitable as owners' accommodation, available separately on a new 999 year lease for £300,000.

Location

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Location: East Devon Seaside Hotel, Circa 28 bedrooms, elevated town location, 200m from the beach, EX1 1QA

Exeter Central (0.4 miles)

Exeter St Thomas (0.5 miles)

St James Park (0.8 miles)

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