The King's Royal 20-21 Kingsway, DN35 8QL

The King's Royal 20-21 Kingsway

Cleethorpes, DN35 8QL


Price   £800,000


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The King's Royal 20-21 Kingsway

Cleethorpes

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  • Overview

    An unrivalled position overlooking Cleethorpes beach

    Inc: two public bars, 11 en-suite letting bedrooms, a manager’s flat and a night porter’s room

    Accounts available for inspection to bona fide parties once confirmation of funding has been received

    The Freehold property, business goodwill, fixtures and fittings are available For Sale at £800,000 plus Stock at Valuation

  • Location

    Cleethorpes is a popular tourist location and enjoys a thriving licensed circuit throughout the year. Visitor numbers increase dramatically during the Summer months and the property is superbly placed to take advantage both of the resident and visitor trade.

  • Accommodation

    The ground floor comprises two bar areas, one with an Irish bar theme together with ancillary areas to the rear. The first and second floors provide 11 en-suite letting rooms all decorated to a high standard, those on the front elevation enjoying a view over Cleethorpes beach. A manager’s flat and night porter’s room on the third floor complete the accommodation.


    Ground Floor

     

    Lounge Bar 652 sq ft (60.6 sq m)
    Irish Bar 963 sq ft (89.5 sq m)
    ktchen  103 sq ft (9.5 sq m)
    Preparation Room  130 sq ft (12.1 sq m)
    Office  47 sq ft (4.4 sq m)
    Cellar  128 sq ft  (11.9 sq m)

    First and Second Floors

    11 En-suite Bedrooms - 3 singles, 5 doubles, 3 twin (2 twins can be reconfigured to provide double accommodation).

    Third Floor

    One-bedroom Manager’s/Proprietor’s Flat
    Night Porter’s Room

  • Disposal Terms

    The property is offered For Sale, Freehold as a going concern including all fixtures, fittings and business goodwill for £800,000, plus Stock At Valuation

     

  • Other Info

    TRADING POTENTIAL

    The sale has been brought about by our client’s desire to retire and as such there is scope for significantly increasing trade in terms of wet sales, food and overnight accommodation.

    Copies of accounts are available to bona fide interested parties.

    RATES

    The property is entered in the Rating List as “Hotel” with a Rateable Value (2017) of £22,250.

Overview
Accommodation
Terms
Other Info

An unrivalled position overlooking Cleethorpes beach

Inc: two public bars, 11 en-suite letting bedrooms, a manager’s flat and a night porter’s room

Accounts available for inspection to bona fide parties once confirmation of funding has been received

The Freehold property, business goodwill, fixtures and fittings are available For Sale at £800,000 plus Stock at Valuation

The ground floor comprises two bar areas, one with an Irish bar theme together with ancillary areas to the rear. The first and second floors provide 11 en-suite letting rooms all decorated to a high standard, those on the front elevation enjoying a view over Cleethorpes beach. A manager’s flat and night porter’s room on the third floor complete the accommodation.


Ground Floor

 

Lounge Bar 652 sq ft (60.6 sq m)
Irish Bar 963 sq ft (89.5 sq m)
ktchen  103 sq ft (9.5 sq m)
Preparation Room  130 sq ft (12.1 sq m)
Office  47 sq ft (4.4 sq m)
Cellar  128 sq ft  (11.9 sq m)

First and Second Floors

11 En-suite Bedrooms - 3 singles, 5 doubles, 3 twin (2 twins can be reconfigured to provide double accommodation).

Third Floor

One-bedroom Manager’s/Proprietor’s Flat
Night Porter’s Room

The property is offered For Sale, Freehold as a going concern including all fixtures, fittings and business goodwill for £800,000, plus Stock At Valuation

 

TRADING POTENTIAL

The sale has been brought about by our client’s desire to retire and as such there is scope for significantly increasing trade in terms of wet sales, food and overnight accommodation.

Copies of accounts are available to bona fide interested parties.

RATES

The property is entered in the Rating List as “Hotel” with a Rateable Value (2017) of £22,250.

The King's Royal 20-21 Kingsway

Cleethorpes , DN35 8QL


Cleethorpes is a popular tourist location and enjoys a thriving licensed circuit throughout the year. Visitor numbers increase dramatically during the Summer months and the property is superbly placed to take advantage both of the resident and visitor trade.

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