British Legion hotel on sale for £800k
Royal British Legion is selling four of its coastal break centre hotels including Alderson House in Bridlington.
The property, along with three others, is closed and in excellent condition having received significant investment from the charity and can be bought individually or for a combined guide price of £4.175 million.
Alderson House, Bridlington, is located on South Marine Drive and has 26 en-suite bedrooms and can be bought for £800,000.
The property has extensive public areas which have been furnished to a high quality, including a dining/function room; conservatory; bar; lounge area; reading room; guest laundry room and a hair salon. The hotel also has the potential to be turned into alternative uses (STPP).
Robert Smithson, Surveyor in Hotels Agency at Colliers International who are handling the sales, said: “Alderson House is close to local amenities and Bridlington itself has benefitted recently from significant local regeneration.
“Bridlington is a popular tourist coastal town on the Holderness Coast of the North Sea known as The Lobster Capital of Europe.
“The area has a thriving tourist resort with almost 50 per cent of its population (40,000) being employed in the tourist sector.
“The town offers an array of shops and restaurants in addition to the well-established holiday attractions and facilities.
“Bridlington Spa, which describes itself as the venue of choice for many artists and touring shows and a versatile place to host meetings, conferences and training, is located a short walk from the hotel.
“Although the fishing fleet has declined, the port remains popular with sea anglers for day trips along the coast or further out to local shipwrecks.”
The other Royal British Legion hotels which are being sold include Somerset Legion House, 57 Beach Road, Weston-Super-Mare, , which has 47 en-suite bedrooms and a price tag of £1,200,000 and Bennet House, 17 Lansdowne Crescent, Portrush, Northern Ireland, for £525,000.