No longer on the market
This property is no longer on the market
Floorplans (
MapHotel
Features and description
- For Sale By Secure Sale - Terms & Conditions Apply
- Fully equip separate restaurant for 50 covers
- Self contained one bedroom flat with a separate entrance
- Hotel with bar area and lift
- 54 Bedrooms, 5 floors
- 2 Ballrooms
- Ideal Location
- Investment Opportunity
- Main downstairs restaurant for 120 covers
We are pleased to offer to auction this remarkable opportunity for those seeking to invest in the hospitality industry. This flourishing hotel is now available through our online auction platform—reach out to us for comprehensive details.
Nestled in a prime location right beside Eastbourne Pier, the Afton Hotel stands as more than a property; it's a fully operational and thriving business. Spanning five floors, from the lower ground to the third floor, this establishment is meticulously designed to cater to the needs of both guests and investors alike.
Featuring a total of 54 rooms, the Afton Hotel offers a diverse range of accommodation options to its patrons. The lower ground, ground floor, and first to third floors are seamlessly integrated, providing a harmonious flow throughout the premises. As a testament to its allure, the hotel boasts a generously sized bar area with a valid license, offering a perfect setting for guests to unwind and socialize. The property also benefits from a self contained apartment with its own private entrance.
Whether you're an experienced hotelier looking to expand your portfolio or an investor seeking a turnkey business, the Afton Hotel is a compelling prospect. The online auction format ensures a transparent and accessible process for potential buyers.
Don't miss the chance to own a piece of this flourishing business in a prime location with a fully equipt separate restaurant for 50 covers in addition with a main downstairs restaurant for 120 covers. The Afton Hotel beckons as a symbol of both present success and future potential in the ever-evolving landscape of the hospitality industry.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Cavendish Place, nestled in a prime location right beside Eastbourne Pier.
Accommodation
The Afton Hotel stands as more than a property; it's a fully operational and thriving business. Spanning five floors, from the lower ground to the third floor, this establishment is meticulously designed to cater to the needs of both guests and investors alike.
Featuring a total of 54 rooms, the Afton Hotel offers a diverse range of accommodation options to its patrons. The lower ground, ground floor, and first to third floors are seamlessly integrated, providing a harmonious flow throughout the premises. As a testament to its allure, the hotel boasts a generously sized bar area with a valid license, offering a perfect setting for guests to unwind and socialize.
Tenure
4 Freehold Titles.
Title numbers: ESX11508, EB6495, EB9051 & EB18594.
EPC
Available Upon Request (Rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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