£300,000
(£30/sq. ft)
29 bed lodge for saleColne Road, Clacton On Sea CO15
29 beds
29 baths
1 reception
9,900 sq. ft
Added on
Bismilla Property Ltd
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About this property
Communal garden
Wet room
Central heating
Guide Price: £300,000 | Leasehold
Bismilla Property Ltd is pleased to present an excellent opportunity to acquire the established Langtry Hotel, ideally positioned at Colne Road, Clacton-on-Sea, CO15 1PX, just approximately 50 yards from the seafront and promenade.
This turnkey hotel business extends to approximately 9,900 sq ft and offers 29 en-suite bedrooms, together with a bar/breakfast area, kitchen, commercial laundry facilities and approximately 8 on-site parking spaces.
The business is offered as a going concern, with furniture, fixtures & fittings, website, domain and future bookings included. There is also considerable potential to increase turnover through food and beverage operations, extended stays, corporate accommodation and increased direct bookings.
Key Highlights:
29 En-Suite Bedrooms
Approx. 9,900 sq ft
Approx. 13 Years Lease Remaining
Rent: £36,000 Per Annum
Approx. 8 On-Site Parking Spaces
Approx. 50 Yards From the Promenade
Turnkey Going Concern
Guide Price: £300,000
Viewings strictly by appointment through Bismilla Property Ltd. Please do not approach hotel staff directly.
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Tenure
Leasehold (13 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review