18th Century hotel in Skegness for sale through Christie & Co
Specialist business property adviser Christie & Co has been instructed to market The Vine Hotel, a well-presented guest house and event venue.
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Dating back to 1770 and reported to be the oldest property in Skegness, The Vine Hotel comprises 25 ensuite bedrooms, a restaurant, two bars, and spacious function spaces, set within 3 acres of lawned gardens and outside dining areas including five dining pods. The property also has planning permission for a further 20 letting bedrooms which could be created under new ownership.
The Vine Hotel is known for its connection to poet Alfred Lord Tennyson, and is home to ‘Tennyson’s Tree’, where he is known to have written much of his work.
The hotel was acquired by the current owners over 10 years ago, and has since undergone significant investment and development, creating a popular hotel which receives good guest reviews.
The hotel is located a mile from the town centre of Skegness, a popular destination for holidaymakers from across the North and Midlands.
Matt Hill, Senior Business Agent at Christie & Co who is managing the sale, said: “The Vine Hotel is a busy, successful and historic Hotel, Bar and Restaurant which we are proud to be marketing and would be an asset to any owner’s portfolio. The opportunity also offers further potential as there is granted planning permission for 20 additional lettings bedrooms within the ground of around 3 acres.”
The Vine Hotel is on the market with an asking price of £1,795,000.
For more information, visit the property page here: https://www.christie.com/5740669/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
Contact the agent:
Matt Hill, Senior Business Agent – Hotels
P: 07855 489 281
E: matt.hill@christie.com
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