The Waves Hotel, 1 Firbeck Avenue, Skegness

£110,000
For Sale
1/10
£110,000
For Sale
William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director
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Property summary

For Sale
Established Hotel Premises
Leasehold Property
Recently Refurbished
13 Rooms
EPC Rating - C (66)
Rent £20000 pax

Get in touch

William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director

More about the property

Set within 2.1 km of Skegness Butlins and 300 metres of Skegness Clock Tower, The Waves Hotels offers rooms in Skegness. Free WiFi is available and private parking can be arranged at an extra charge.

The rooms in the hotel are equipped with a TV. The units at The Waves Hotel comes with a private bathroom and bed linen. Popular points of interest near the accommodation include Skegness Beach, Tower Gardens and Skegness Pier. The nearest airport is Humberside Airport, 67 km from The Waves Hotels.

Location

Accommodation

LOCATION
Skegness is a seaside town and civil parish in the East Lindsey District of Lincolnshire, England. On the Lincolnshire coast of the North Sea, the town is 43 miles (69 km) east of Lincoln and 22 miles (35 km) north-east of Boston. With a population of 19,579 as of 2011, it is the largest settlement in East Lindsey. It also incorporates Winthorpe and Seacroft, and forms a larger built-up area with the resorts of Ingoldmells and Chapel St Leonards to the north. The town is on the A52 and A158 roads, connecting it with Boston and the East Midlands, and Lincoln respectively. Skegness railway station is on the Nottingham to Skegness (via Grantham) line. The Waves Hotels Skegness, set next to Tower Gardens, is 80 km from Humberside airport.
The venue is located within 4.5 km from Skegness Water Leisure Park, in close vicinity to Skegness Pier. The accommodation is 1.4 km to Church Farm Open-Air Museum. You can get to Gibraltar Point National Nature Reserve in a few minutes by car.
ACCOMMODATION
The hotel has 13 fully furnished with all En-Suite Bedrooms.
TENURE
The property is offered on an assigned 5 year lease from August 2021. The rent is £20,000 pax.
SERVICES
All mains services are connected.
RATEABLE VALUE
The property has a rateable value of £5,900. There are no rates payable as the property is subject to small business relief.
CEPC
The property has a CEPC rating of C which is valid until the 14th September 2031.
LEGAL FEES
Each party are responsible for their own legal costs.
VAT
The price is exclusive of VAT if applicable.
BUSINESS DETAILS
The business was acquired in August 2021 and has been fully refurbished to a good standard. The business has a good level of bookings during 2022. The hotels website will also be sold with the business.
The website address is
www.waveshotels.co.uk
LOCAL AUTHORITY
East Lindsey District Council
Tedder Hall
Manby Park
Louth
LN11 8UP
Tel: 01507 601111
VIEWING
Contact Pygott & Crone Commercial
21 The Forum
North Hykeham
Lincoln
LN6 8HW
Tel: 01522 536777
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