Specialist business property adviser Christie & Co has been jointly instructed alongside Savills to market Queens Hotel, a freehold hotel opportunity on the seafront in Brighton.
Queens Hotel is a striking building directly fronting onto the beach. It comprises 94 well-appointed en-suite guest bedrooms, as well as a retail unit and a vacant restaurant unit.
The hotel is home to a popular leisure facility with a fully equipped gym, spa and swimming pool, plus a restaurant and bar serving 80 covers, which is open to the public as well as hotel guests.
There is also a large conference suite which can accommodate functions of up to 170 people and regularly hosts events, weddings and gatherings.
Queens Hotel offers a multitude of opportunities for further investment and development. Plans have been established to create an additional eight bedrooms or to repurpose an unutilised atrium within the building (subject to necessary consents).
Planning permission has been secured to develop eleven more bedrooms in the vacant restaurant, or alternatively, a new operator could be secured for this space. Planning permission is also in place for eight bedrooms and the creation of a sky bar on the roof of the property.
The hotel has been under the current ownership for 20 years and is being offered for sale unencumbered of management and brand ties.
Jeremy Jones, head of hotel brokerage at Christie & Co, said: “We are delighted to be working with Savills on one of the most exciting hospitality opportunities on the South East coast.
“With one of the best trading locations in Brighton, the scale of The Queens presents one of the largest hospitality sites, building upon this famous hotel with huge upside to extend the range of hospitality attractions across accommodation, food, beverage and late-night bar and restaurant, subject to necessary approvals. We anticipate strong domestic and international interest.”
Alex Sturgess, director at Savills, added: “This is a unique opportunity for a hotel owner to acquire a signature property on Brighton seafront.
“The freehold hotel offers both scale and approved planning consent to extend. This high-profile location will undoubtedly become the most prominent hotel development in the city.”
Queens Hotel is on the market with a freehold asking price of £18,500,000.
