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Gleneagles Guesthouse and Tearoom Clifftown Parade, Southend-on-Sea SS1 1DP

For sale: £1,100,000.00|4,222 Sq Ft|Leisure Property, Licensed & Leisure

Property details

FOR SALE£1,100,000.00
SIZE4,222 Sq Ft
ADDRESSGleneagles Guesthouse and Tearoom Clifftown Parade, Southend-on-Sea, SS1 1DP
TYPELeisure Property, Licensed & Leisure
TENUREInvestment Opportunity
POSTED ON1st November 2021

Description

DESCRIPTION AND LOCATION:

Superb trading location with bars, restaurants, cafes, the theatres and the Pier which are all within walking distance, as is Southend city centre and mainline train station. The balcony provides stunning views overlooking the estuary, which is a popular location all year round.
The property has been a guest house since 1920 and has an alcohol licence until 6pm with food.

PREMISES

Mid terrace 5 storey property under a dormer roof with an attractive terrace to the front and a rear courtyard.

LOWER GROUND FLOOR
BREAKFAST / TEAROOM
KITCHEN
TWO WCS

GROUND FLOOR
ENTRANCE HALL
ROOM ONE (SINGLE ROOM) WITH EN SUITES
ROOM TWO (DOUBLE ROOM) WITH EN SUITE
ROOM THREE (DOUBLE ROOM) WITH EN SUITE

FIRST FLOOR
FIRST FLOOR LANDING
ROOM FOUR (SINGLE ROOM WITH EN SUITE
ROOM FIVE (DOUBLE ROOM) WITH EN SUITE
ROOM SIX (DOUBLE ROOM) WITH EN SUITE (PIER SUITE)

SECOND FLOOR
SECOND FLOOR LANDING
ROOM SEVEN (SINGLE ROOM) WITH EN SUITE
ROOM EIGHT (DOUBLE ROOM) WITH EN SUITE
ROOM NINE (DOUBLE ROOM) WITH EN SUITE (ESTUARY SUITE)

THIRD FLOOR
ROOM TEN (DOUBLE ROOM) WITH EN SUITE
ROOM ELEVEN (TRIPLE ROOM) WITH EN SUITE
ROOM TWELVE (DOUBLE ROOM) WITH EN SUITE

EXTERIOR
REAR MEWS
TWO STOREYS, GROUND FLOOR DOUBLE GARAGE AND STORE WITH A FIRST FLOOR OFFICE WITH WASHROOM.

BUSINESS HOURS

The Business trades 365 days a year.

STAFF

The business is run with the assistance of various staff

TENURE

Freehold.

TURNOVER

Turnover details available upon request

PRICE

Offers in excess of £1,100,000 to include goodwill, fixtures and fittings plus SAV

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.

BUSINESS RATES (2020/2021)

Interested parties are advised to confirm the rating liability with Southend Council on 01702 215000.

EPC

Copy of certificate available upon request.

SUMMARY
A superb opportunity has arisen to acquire a guest house which has been well maintained throughout with the current owners sparing no expense. The premises is situated in a sought after conservation area, close to Southend High Street and within walking distance of the main seafront. The business is run by the owner with the assistance of staff.

INVENTORY
A detailed inventory of fixtures and fittings will be prepared by our client and supplied at point of sale.

VIEWING
Viewing strictly by prior appointment via appointed agents Ayers & Cruiks

Location

marker
Location: Gleneagles Guesthouse and Tearoom Clifftown Parade, Southend-on-Sea, SS1 1DP

Southend Central (0.2 miles)

Southend East (0.5 miles)

Southend Victoria (0.6 miles)

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