The seafront property has 94 bedrooms and a view of Brighton Pier
Queens Hotel on the seafront in Brighton has gone onto the market with a freehold asking price of £18,500,000.
Christie & Co and Savills have been appointed to manage the sale of the property which sits directly on the seafront near to Brighton Pier.
The hotel currently has 94 ensuite rooms as well as a leisure facility featuring a gym, spa and swimming pool, plus an 80-cover restaurant and bar.
There is also an additional vacant restaurant, as well as a retail unit.
The hotel also features a large conference suite which can accommodate up to 170 people for events and weddings.
Plans have been established to create an additional eight bedrooms, as well as to develop eleven more bedrooms in the vacant restaurant.
Planning permission is also in place to create a sky bar on the roof of the property.
The hotel has been under the current ownership for 20 years and is being offered for sale unencumbered of management and brand ties.
Jeremy Jones, head of hotel brokerage at Christie & Co, said: “We are delighted to be working with Savills on one of the most exciting hospitality opportunities on the South East coast.
“With one of the best trading locations in Brighton, the scale of the Queens presents one of the largest hospitality sites, building upon this famous hotel with huge upside to extend the range of hospitality attractions across accommodation, food, beverage and late-night bar and restaurant, subject to necessary approvals. We anticipate strong domestic and international interest.”
Alex Sturgess, director at Savills, added, “This is a unique opportunity for a hotel owner to acquire a signature property on Brighton seafront. The freehold hotel offers both scale and approved planning consent to extend. This high-profile location will undoubtedly become the most prominent hotel development in the city.”