The Crown Hotel Skegness

Asking price £850,000


The Crown Hotel Skegness is For Sale, Freehold and Free Of Tie £850,000.

  • 27 Guest Bedrooms
  • Large Communal Spaces
  • Huge Commercial Kitchen
  • Distinct Hospitality Areas
  • Car Parking
  • Outside Space
  • Indoor Swimming Pool
  • Consistent Healthy Turnover
  • Close to Town Centre
  • Masses Of Potential

Property Details

  • Reference: K050121F
  • Type: Hotel
  • Status: For Sale
  • Bedrooms: 37
  • Area: 3000sqft

Skegness is a seaside town on the Lincolnshire coast, 43 miles east of Lincoln and 22 miles north-east of Boston. Population of circa 20,000 and forms a larger built-up area with the resorts of Ingoldmells and Chapel St Leonards to the north.

3 Story imposing building keeping with the local architecture and design of the surrounding area.
Split into three section forming together to create the distinct L shape.
Through the main double doors is a very large Parquet floored foyer and reception area with a grand stone carved fireplace taking centre stage.
To the right through another set of double doors is the first of the 3 dining areas again boasting a classic Parquet floor.
Leading around the corner is a very large function room with a bar and dance floor. Each could be used again as a restaurant or eating area. With the large glass windows and double doors this room is flooded with great natural lighting.
The double doors lead out to the grassed area for functions in the summer and/or outdoor eating and drinking.
Covering both the 1st and 2nd floor are the 27 bedrooms. A mixture of double rooms and executive rooms, with lift access.
Very large kitchen to the rear of the property with an equally spacious pantry/storage room.
On the ground floor there are 2 offices/conference spaces. 1 large office and a 2nd larger room ideal for business meetings, whether internal or for external companies to hire.
There is a large indoor swimming pool, which has fallen into disrepair, this could be renovated to form part of a spa offer.
Situated just a stone's throw away from the popular Skegness seafront.
A popular venue for those who wish to escape the main hustle and bustle in the evening but, remain a 10 minute walk from the beach.
2 Miles from the very popular North Shore Golf Club.
Surrounded by multiple hotels and holiday parks, proving how popular the area is for holiday makers.

Owned and run for many years by our clients, the vendors.
This hotel has shown consistent year on year turnover of circa £800,000, with healthy profit margins.
By their own admission, the vendors feel that with an eye on business development, improvement can be made and business generation would see even healthier returns.

Freehold
Vacant possession
£850,000

Current, valid EPC is present.

All main services are present.

Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email info@llhsolutions.com You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

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