Request more information from the seller.
Add to your shortlist.
Print this advert.
Tell a friend about this business.
Back to search results.
(REF: 2498)  Seafront Guest House in East Sussex Resort
 
Seller Reference: 2498
B4S Reference: 26496
Asking Price: £375,000
Net Profit: Undisclosed
Sales Revenue: £26,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: St Leonards on Sea, East Sussex, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this popular guest house, which was established by our clients in 1990 and which is only now being placed on the market due to our clients' wish to retire. The business occupies 4-storey Grade II listed premises, which was built in the 1830s, and has 7-letting rooms and a large dining room to accommodate approximately 16-covers. The owners' accommodation is situated on the lower ground floor. In recent years the property has been extensively refurbished, including new double glazed sash windows to front, new canopy and railings on balcony, roof re-slated and re-leaded, front door and basement door replaced, building re-wired and new fuseboxs fitted. The property also benefits from a new illuminated sign to the front and a CCTV system monitoring the exterior, front door and hallway. An extensive fire alarm system incorporating hard-wired smoke alarms to each room with a central control box in the hallway is installed. There is also full central heating with thermostatically controlled radiators. A website is in place, which provides information about facilities, location and contact details. Our clients have gained an excellent reputation and a loyal customer base by offering competitive rates, good quality breakfasts, as well as a welcoming and friendly atmosphere. We are advised by our clients that they receive regular business from contractors working in the area. The business trades at a pace that suits our clients and generates a turnover in the region of £26,000 per annum. We feel that turnover could be increased by embarking on a modest marketing campaign and perhaps developing the website to include on-line booking. This is an ideal opportunity to acquire a well-maintained guest house, which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Grade II listed seafront guest house, maintained to a very high standard, boasting 7-letting rooms and owners' accommodation. Briefly comprising:

Lower Ground Floor
• Large owners' double bedroom
• Spacious bathroom with disabled access
• Storeroom
• Laundry room with washing machine and tumble dryer

Ground Floor
• Room 1: double room with sink, TV, wardrobes and tea and coffee making facilities
• Bathroom
• Large kitchen with a range units, 4-hob oven, fryer and dishwasher
• Dining room with tables and chairs to accommodate approximately 16-covers and a small bar (not licensed)

First Floor
• Lounge area with TV, sofa and display cabinets
• Room 2: double room with sink, wardrobes, TV and tea and coffee making facilities
• Room 3: double room with TV, wardrobes, tea and coffee making facilities and en-suite shower, sink and WC
• Room 4: single room with sink, wardrobes, TV and tea and coffee making facilities

Second Floor
• Room 5: double room with sink, wardrobes, TV and tea and coffee making facilities
• Room 6: twin room with sink, wardrobes, TV and tea and coffee making facilities
• Room 7: family room with TV, wardrobes, tea and coffee making facilities and en-suite shower
• Bathroom with bath, shower, sink and WC

External
• Ample on-street parking
• Small yard to rear
 
  Location: Marina Lodge occupies substantial Grade II listed premises, located on the spectacular seafront in St. Leonards, East Sussex. The guest house is situated in a parade of similar properties and boasts stunning views of the beach and the seafront. The business benefits from ample on-street parking and both the railway and bus station are within easy reach. There are many attractions in the vicinity including galleries, museums, cinemas and theatres, as well as fine restaurants, pubs and cafés. St Leonards is a thriving area and forms part of historic Hastings, which makes an ideal base for tourists wishing to explore the area. The guest house has easy access to the A-road network and the M20 motorway lies approximately 33 miles away.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  All year round
  Energy Performance Certificate   





Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.