04/09/2024 12:12:00
Leisure property specialists, Fleurets, have been instructed to market the freehold of The Kensington Hotel, Great Yarmouth, Norfolk.
Located in a beautiful and peaceful location yet only a short walk to the Golden Mile and Pier, the spacious three/four-storey detached hotel is on the market for a guide price of £1,250,000.
Overlooking the Victorian waterways, inspired by the city of Venice, the hotel comprises 26 ensuite rooms consisting of standard, superior, family, and sea view, plus two fully self-contained private apartments (3 bed & 2 bed) and a manager's flat. The property also includes a sea view restaurant (60+ covers) and an outdoor seating area at the front of the property, as well as a car park for up to 16 vehicles.
Mark Phillips, Senior Associate at Fleurets, said, "The Kensington Hotel is a family-run business situated in a prominent position overlooking the Victorian Gardens and sandy beach. The business has been run by the current owners since 2004 and is now being offered for sale due to retirement. Open all year, and benefiting from both commercial and leisure trade, this opportunity would ideally suit an existing operator who is looking to expand their portfolio."
Maria Grimmer, whose family own The Kensington Hotel, said, "The Kensington occupies a most enviable setting on the seafront attracting not only local business and visitors but also provides high quality on site residential accommodation for any new owner although it could provide additional letting accommodation. Its superb seafront location is part of its unique appeal."
Click here to view the sales details. For further information or to arrange a viewing, contact Fleurets at 01223 402 600 or email east@fleurets.com.