New owner for West Sussex seafront hotel
Specialist business property adviser, Christie & Co has brokered the sale of the 4 Star Burlington Hotel in Worthing, West Sussex.
This impressive 26 bedroom Georgian hotel, located in a prominent position on Worthing’s seafront, has been operated by hands-on owners, Bruno Packman and Alina Rizzona for the past 15 years and they are now handing over the reins to a local multiple operator in order to pursue other business interests.
Andrew Moore, Director at Christie & Co’s Maidstone office comments, “The Burlington Hotel offered an excellent opportunity for the new owner due to its fabulous location, enviable reputation and beautiful period building which has been subject to much investment and improvement in recent years.
“We received significant interest and are delighted to have executed the sale to a local operator. The hotel market remains incredibly buoyant across the South East and there is huge demand for similar freehold properties.”
Christie & Co sold The Burlington Hotel off a freehold asking price of £1,990,000.