The freehold iconic Chatsworth Hotel is on the market through leisure property specialist Fleurets from an asking price of £2,750,000.
The property is a prestigious Edwardian building dominating Eastbourne’s award winning Grand Parade and featuring 46 en-suite bedrooms and one suite. Most rooms, of a classical British style, offer stunning panoramic views of Channel. A golden cage lift is the centre point of the numerous period features, together with multiple bay windows offering an elevated view of the seafront.
The Chatsworth Hotel offers conference facilities with a capacity from 10 to 150 people; a restaurant, a bar and a health suite complete this epitome amongst Eastbourne’s heritage seafront resorts.
“This is a well established business suitable for an experience hotelier – says Will Thomas, Senior Associate at Fleurets, who is handling the sales. We can affirm business accounts show a turnover in excess of £1 million for the year ending March 2014.”
The current owner, Mr Gulzar, who also owns 3 other hotels, is now focusing on a gradual withdrawal from the business and the sale of this premier hotel represents the first phase of this process.
For more information click here