Seafront Hotel in Skegness next to Beach

Skegness Seafront Beach Hotel Acquired

The Grand Hotel – a seafront beach hotel in Skegness, North Lincolnshire, was purchased by Paymán Investments earlier today. Given the expected rise in staycations once restrictions are lifted, we expect to have a very strong summer season and hope for year-around trading stability.

About The Grand Hotel

The Grand Hotel is an impressively modernised seafront hotel with 21 en-suite bedrooms. It occupies a prime location with wonderful sea and foreshore views, close for town centre and holiday amenities.

Rooms range from single rooms, to double rooms as well as family rooms. The hotel was purchased a few years ago from the outgoing owner-operators who spent a significant amount of time and energy fully refurbishing the hotels. While we originally intended to purchase a hotel at auction next-door, a last minute phone call while the auction was about to close let to a rather swiftly paced conversation which resulted at a very reasonably priced offer per key being accepted by the vendors within minutes.

About Skegness

Skegness is the leading East Coast Holiday resort and the Grand Hotel enjoys a prominent seafront position overlooking the foreshore and with superb foreshore and seaviews from the upper floors. The seaside town is one of the oldest beach holiday destinations in the country, and continues to be a popular destination for UK based as well as international tourists, especially families.

Besides the stunning beach and breathtaking views, go-karting, ten-pin bowling, funfairs and crazy golf are just some of the multitude of activities on offer. The town also usually boasts a year-round calendar packed with events.

A Seafront Beach Hotel in Skegness under new Ownership

The Grand Hotel will be managed by our sister company, Keezark. It will be available to book directly with exclusive discounts as part of the Paymán Club. So when planning your next holiday, why not add The Grand Hotel to your list of places to stay at!

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