Best Western York House Hotel in Eastbourne for sale Brighton News

The building, which is “prominent” on York Parade, has benefited from significant investment from the current owners, according to commercial real estate specialist Colliers.

Best Western York House Hotel in Eastbourne

This included recent roof and window repairs, a complete electrical upgrade, repainting of the entire facade, and the conversion of five bedrooms into two serviced apartments.

Offers of over £ 5million will be considered for the hotel, which has its own swimming pool.

Paul Barrasford, Hotel Agency Team Manager at Colliers, said: “With the growing popularity of UK stays, the Best Western York House is an exceptional opportunity to acquire a top-notch, superbly invested hotel. in one of the UK’s most popular coastal towns.

Best Western York House Hotel in Eastbourne

“It is consistently rated one of Eastbourne’s best hotels on TripAdvisor. With a large number of its repeat customers and new customers keen to take a seaside break, the hotel’s expected business performance for 2021 and beyond is very solid.

Most of the rooms and public areas have stunning sea views, and this is one of only two hotels in East Sussex town to have a swimming pool.

Other facilities include a restaurant with 110 seats, two bars for 40 and 20 people, an open-air veranda and three conference rooms with a capacity of 40 to 120 people.

Best Western York House Hotel in Eastbourne

The hotel averaged a net annual turnover before the pandemic of around £ 1.75million, said Mr Barrasford, who added that there was room for further growth.

“The hotel presents exceptionally well, but still offers interesting value-added opportunities,” he said.

“With a pre-existing building permit, this includes the possibility of developing a spa at the rear of the property and converting some public spaces into more profitable use as guest rooms.”

Best Western York House Hotel in Eastbourne

The hotel is located close to Eastbourne’s attractions including the promenade, pier, beaches, conference facilities, theaters and event spaces of the Devonshire Quarter.