The Russell Hotel
80 London Road, Tunbridge Wells, Kent, TN1 1DZ
8,628 Acres
Hotel Retail Public House Restaurant / Takeaway Development Opportunity Development Land Business For Sale
For Sale: Offer in Excess of £2,000,000
Sold Subject to Contract
Property Details
Edwardian town centre hotel
21 ensuite bedrooms
Three conference rooms
Dining room
Bar and adjoining lounge
Parking for 12 cars
Business ready to be taken to the next level
Potential for conversion to nine or more flats subject to planning
Rarely available purchase opportunity
EPC rating C
The Russell Hotel comprises of a fine Edwardian property, once three individual houses, converted some 80 years or so ago into the hotel you see now.
The business has been under the current ownership for over 25 years and is now ready to be taken to its next stage in its life.
Trading information can be provided following a formal viewing.
It is felt that the property would lend itself to conversion, subject to planning consent, to nine good sized flats, with a possibility of a further four if the basement was to be converted too.
Location
The Russell Hotel is in a central location directly adjacent to the Common close to the town's main shopping zone, Opera House and Town Hall.
Tunbridge Wells enjoys good road links connecting surrounding areas, as well as ease of access to the M25. This, together with excellent rail links to London make the town popular with commuters.
Accommodation
The hotel has 21 ensuite guest bedrooms, along with three conference rooms, dining room, bar and adjoining lounge.