Hotel in BN21

Cavendish Place, Eastbourne, East Sussex, BN21 3EJ

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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • 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

Hotel in BN21

*For sale via secure sale online bidding: terms and conditions apply.*

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.

Summary

  • Property Type: Hotel
  • Parking: Off Street

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).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Lower Ground Floor

Lower Ground Floor

Ground Floor

Ground Floor

First Floor

First Floor

Second Floor Plan

Second Floor Plan

Third Floor Plan

Third Floor Plan

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

 

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