Beachside Suites in Minehead on the market through Christie & Co
Specialist business property adviser, Christie & Co is pleased to bring to the market Beachside Suites, high quality serviced letting apartments, situated in Minehead, Somerset’s busiest holiday resort town.
Beachside Suites is set within The Promenade, a substantial three storey detached building, and comprises two luxury suites, two two-bedroom apartments with private balconies and three-bedroom owner’s accommodation set across two floors. The property is believed to date back to 1905 and is in excellent order throughout, enjoying a prominent position on the seafront with the town centre just a short walk away.
As the only 4 Star Gold hotel suites in Minehead, Beachside Suites offers a competitive advantage in the local market and gives a new owner/operator the opportunity to take on a less hands-on business than an average B&B. The current owners do not offer a cooked breakfast option, instead providing a continental breakfast selection for guests to enjoy in their own suites.
Justin & Caron Taylor are now looking to sell Beachside Suites in order to pursue other interests.
Stephen Champion, Senior Business Agent based in Christie & Co’s Exeter’s office comments, “This is a perfect lifestyle opportunity for an owner/operator, with plenty of potential to develop or restructure the business to suit them. With options for new owners to occupy one of the suites, maximise the income by letting out the owner’s accommodation and use an established holiday cottage letting company, the possibilities are endless. With a high quality business and property such as this in a thriving and highly desirable holiday destination, Beachside Suites offers a lucrative opportunity which is sure to gain interest from a range of potential buyers.”
Beachside Suites is on the market with Christie & Co for offers in excess of £800,000 for the freehold interest.