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- A rare and unique opportunity to purchase a vacant hotel in a prime position on the South Coast in Hove.
- The property is located just moments away from the seafront and building offers spectacular views of the sea making it an ideal position for a hotel or residential development subject to gaining the necessary consents.
- The property is also situated a short walk from Hove Station, offering quick and easy access to Gatwick Airport and Central London.
- The hotel comprises 55 en suite rooms, meeting rooms and additional facilities.
- Building offers stunning period features throughout and has a highly attractive façade.
- GIA – 28,071 sq ft.
- The hotel offers undoubted potential to modernise and reconfigure to add further accommodation by way of converting some of the communal spaces and also has further massing potential.
- The property would suit alternative uses, such as residential redevelopement, assisted living, subject to the usual consents.
- Freehold for sale with Vacant Possession.
- Guide Price - OIEO £4,000,000 subject to contract, reflecting a low capital value of £142 psf