Christie & Co are offering the Majestic Hotel in Eastbourne for sale, via long leasehold.
Key Features
- 96 ensuite bedrooms
- Seafront location near pier
- Sizeable public areas
- Current Home Office contract
- Potential alternative use (STPP)
- EPC Rating – C75
- Annual Rent: Peppercorn
The Majestic Hotel, which is believed to have been built in the late 1800 comprises a terrace of nine five-story town houses that have been fully interconnected at all levels and extended at lower ground and ground floor levels to the rear.
Eastbourne is a popular seaside resort on the East Sussex coast. The resort was established during Victorian times and maintains much of its character today, particularly along the seafront, which is a conservation area. Despite its peripheral location, the town has a reasonable transport infrastructure with a main line rail service to London (via Hastings) with a journey time of approximately one hour 30 minutes. Trunk road connections include the A22 for routes to Lewes and Tunbridge Wells, the A27 to Brighton and the A259 Folkestone to Honiton coastal road. The Property is located in a prominent position towards the northeastern end of Eastbourne seafront, overlooking the beach and in close proximity to pleasure gardens and Eastbourne Pier. The adjoining properties are a mix of guest houses and hotels, with residential dwellings to the rear.
The Opportunity
Whilst the hotel is available to acquire on a single asset basis, Christie & Co are selling other hotels across the UK for the same seller. Additional information can be provided on request. Please contact the following for any multi asset enquiries:
Jeremy Jones, Head of Brokerage (jeremy.jones@christie.com)
Ed Bellfield, Regional Director (ed.bellfield@christies.com)
