Seafront hotel in Brighton up for sale for £18.5m
A large Victorian seafront hotel in East Sussex has been put up for sale. The 94-bedroom Queens Hotel, which overlooks the promenade and Palace Pier in Brighton, is on the market with an asking price of £18.5m.The building has a gym, spa and swimming pool, a large conference suite, plus a restaurant and bar. Jeremy Jones, head of hotel brokerage at Christie & Co, said it was "one of the most exciting hospitality opportunities on the south-east coast".
He said: "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."The hotel was built in 1846, according to the Regency Society, and has been under the current ownership for 20 years. Plans have been established to create an additional eight bedrooms, or to repurpose an unutilised atrium within the building, the sales agent said. Planning permission has also been secured to develop 11 more bedrooms in the vacant restaurant and the creation of a sky bar on the roof of the property.Alex Sturgess, director at Savills, said: "This is a unique opportunity for a hotel owner to acquire a signature property on Brighton seafront."
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