The Vine Hotel, a historic venue in Skegness dating back to 1770, is now listed for sale at £1,795,000, a significant reduction from its previous asking price of £2,750,000. The property, which holds the distinction of being the oldest in Skegness, serves as both a guest house and event venue.
Christie & Co, the specialist business property adviser, first listed the hotel for sale in April last year. With its longstanding history and well-maintained facilities, the property is still expected to attract interest from potential buyers in the hospitality sector.