Best Western Plus Citrus Hotel Eastbourne, King Edward's Parade, Eastbourne, BN21 4EB

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • In excess of 45 ensuite bedrooms • Breakfast room/Games room • Potential to add additional bedrooms (STPP) • Picturesque sea views • Town centre location • EPC:47 • Christie & Co Ref: 3848021

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionThe Best Western Plus Citrus Hotel Eastbourne is a 50-bedroom hotel set within a converted Victorian building in a prominent seafront town centre location. The hotel has a proven track record within the Eastbourne area. All rooms provide sea views, some panoramic along with tea/coffee making facilities and flat screen TVs. There is a breakfast room along with space for additional letting rooms (STPP) via converting two of the meeting rooms.LocationThe Best Western Plus Citrus Hotel in Eastbourne boasts an ideal location on King Edward's Parade overlooking the English Channel and offering stunning sea views along this renowned coastline.The picturesque Beachy Head landmark is 2.8 miles distant and accessible by a leisurely drive or a pleasant walk while the iconic Eastbourne Pier is just a short walk from the hotel. The hotel overlooks the Whish Tower to the front with the English Channel beyond and adjoins the picturesque Wilmington Square.Guests can choose from 50 ensuite bedrooms ranging from single rooms to the deluxe sea view suite, all designed to ensure a comfortable and relaxed stay in Eastbourne.Internal DetailsAccessed via the ground floor, the hotel comprises entrance area with lobby, and stairs to the first floor reception. The breakfast room and bar are on the first floor adjacent reception. The hotel is set around a central staircase with five floors of letting bedrooms from the lower ground floor upwards. There are two lifts (one of which is a goods lift no longer in use) providing access to all rooms offering sea views. On the lower ground floor there is a games room with additional bedroom suites and scope for additional bedrooms via the conversion of existing storage/service areas.Fixtures & FittingsAll fixtures and fitting are included in the sale.Letting AccommodationBed room configuration:* Family Studio: 2* Double: 14* Twin: 12* Single: 10* Triple: 2* Family: 2* Suite: 5* Double/Single Suite: 3* TOTAL: 50External DetailsThe property has access to a courtyard for bin storage via an alleyway to the rear of the hotel.Owner's AccommodationThere is no owner's accommodation on site.The OpportunityRarely do hotels of such premier seafront locations come to market with one of the UK's prominent seaside resorts. There is scope to increase room numbers by converting the two meeting rooms at part first floor level in addition to storage rooms at lower ground floor level to drive accommodation income. The hotel benefits from year-round leisure and corporate business with a plethora of major demand generators including strong leisure business during the peak summer months.Trading InformationNet turnover to year end 31st March 2024 £1,057,775.* Occupancy £68.2%* ARR: £80.03TenureThe hotel is being sold freehold as a Trading Going Concern (TOGC) on an asset sale basis.Business RatesRateable Value: £TBC