Leisure property specialist Fleurets has announced the sale of The Hadleigh Hotel in Eastbourne for £2million.
With 62 beds and a dining room with approximately 120 covers, the substantial property is situated close to the seafront.
The hotel was previously owned by a local family for approximately 20 years and has traded as a traditional seaside resort hotel, which has recently operated under management. The Hadleigh Hotel has now been acquired by a new but local operator, Mr Milad Shehata, who is looking to expand his operations in the resort, having bought The Afton Hotel only last year.
Nick Earee from Fleurets said, “Our marketing generated a great deal of interest and just goes to show there is a good level of demand for sizeable and well run hotels in Eastbourne. Following the sale of The Congress Hotel late last year, there does tend to be a trend of this type of hotel appealing to London-based operators.”
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