| (REF: SE001368) 10 Bed Bandb/Small Hotel + 3 Large S/Contained Flats - Bexhill, E Sx |
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| Seller Reference: |
SE001368 |
| B4S Reference: |
28419 |
| Asking Price: |
£595,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
United Kingdom |
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LOCATION
This substantial detached property is set in a super position near the seafront in a popular East Sussex coastal resort. It is also conveniently situated for all the town's amenities.
THE PROPERTY
A substantial older style detached character property which consists of an established 10 bedroom (majority with en-suite bathrooms) Bed and Breakfast/Small Hotel with communal lounge, dining room and catering kitchens, etc plus a small car park to rear, together with three flats including a large 2/3 bedroom ground floor owners flat, a spacious first floor flat with two bedrooms and a further 2 bedroom top floor flat.
BED and BREAKFAST ACCOMMODATION
The property briefly comprises; Glazed front door opening into Entrance Vestiibule, original coved ceiling, wall light point and further glazed door opening into;
Inner Entrance Hall with stairway to first floor and door to lounge.
Residents' Lounge: Approximately 17' x 11'. Original coved ceiling, two wall light points, dado rail, two radiators, TV aerial point, feature cast iron fireplace with marble hearth and wooden decorative surround, carpet and UPVC double glazed window in the front.
Residents' Dining Room: Approximately 18'5" x 17'1" into bay. Offers space for 18 covers. Original coved ceiling and feature ceiling rose, two wall light points, dado rail, feature recess in chimney breast, two radiators, carpet and UPVC double-glazed window to the front.
Kitchen: Approximately 14'7" x 9'2". Fully tiled walls and range of rolled edge work surfaces incorporating stainless steel double sink and drainer units with mixer tap, a range of matching base and wall units, space for tall fridge/freezer, space and plumbing for dishwasher, space for further appliances, range of stainless steel work surfaces with heated cabinets under, fitted stainless steel Zanussi double oven with six ring gas hob, fitted stainless steel Falcon wall-mounted grill, stainless steel deep fat fryers, built-in larder cupboard, extractor fan, radiator, tiled flooring, telephone points, doorway to lobby area. Further double-glazed patterned door to the side giving access to a covered area and door to a lean-to laundry room.
Lobby Area: Double-glazed patterned door to the side giving access to the Courtyard Garden and further door into:-
Cloakroom/WC: low level flush WC, UPVC double-glazed patterned window to the rear.
Lean-To/Laundry Room: having polycarbonate pitched roof, UPVC double-glazed windows to both sides and rear and double-glazed patterned door to the rear giving access to a courtyard area/carpark. A range of commerical washers and dryers, space for further appliances.
LETTING ROOM ONE: Approximately 10'2" x 10'2". Coved ceiling, radiator, TV aerial point, carpet as fitted, UPVC double-glazed window to rear. Archway through to:
En-Suite Shower Room One: fully tiled walk-in shower cubicle with Mira shower incorporated, pedestal wash hand basin with tiled splash back, electric shaver/light point, extractor fan.
Separate WC: predominantly tiled walls, low level flush WC, extractor fan.
LETTING ROOM TWO: Approximately 11'3"x 10'7". Telephone point, radiator, built-in wardrobe, TV aerial point, carpet as fitted, UPVC double-glazed bay window to the side and door into:-
En-Suite Shower Room Two: With fully tiled walls and walk-in shower cubicle with Mira shower incorporated, pedestal wash hand basin, low level flush WC, electric shaver/light point, extractor fan, wall mounted heated towel rail.
SPLIT LEVEL LANDING with staircase to second floor landing, radiator, original coved ceiling, large walk-in airing cupboard with pre-lagged hot water cylinder and shelving for linen, Door to:
Separate WC: Partly tiled wall, dado rail, low level flush WC, wall mounted corner wash basin, UPVC double-glazed patterned window to rear.
LETTING ROOM THREE: Approximately 14'8" x 10'5", coved ceiling, two radiators, feature original cast iron fireplace, TV aerial point, telephone point, carpet as fitted, UPVC double glazed window and door at the rear to the fire escape.
En-Suite Shower Room Three with fully tiled shower and wash basin and Separate WC for exclusive use of room three.
LETTING ROOM FOUR: Approximately 11' 2" x 11'6". Radiator, feature cast iron fireplace, TV aerial point, telephone point, built-in wardrobe with further cupboard space over, carpet as fitted, UPVC double-glazed window to the side and door into:-
En-Suite Shower Room Four: fully tiled walk-in shower cubicle with Mira shower incorporated, pedestal wash hand basin with tiled splash back, low level flush WC, electric shaver/light point, extractor fan, radiator.
LETTING ROOM FIVE: Approximately 17" into bay x 11"5'. Original coved ceiling, picture rail, feature original cast iron fireplace with tiled inserts and decorative surround, two radiators, telephone point, UPVC double-glazed bay window to the front, door into:
En-Suite Bathroom Five: With partly tiled walls. Matching suite comprising panelled bath with Gainsborough shower over, pedestal wash hand basin, low level flush WC, double radiator, electric shaver/light point, UPVC double-glazed patterned window to the front.
LETTING ROOM SIX: A family room approximately 17' x 16'11. Three radiators, feature cast iron fireplace with tiled inserts and decorative marble surround, TV aerial point, telephone point, UPVC double-glazed bay window to the front, door into:
En-Suite Shower Room Six: Fully tiled walk-in shower cubicle with Mira shower incorporated, low level flush WC, extractor fan.
Landing with sliding doors into eaved storage space, radiator, carpet as fitted. Door into:
Bathroom/WC: Fully tiled walls. Matching suite comprising, panelled bath, pedestal wash hand basin, low level flush WC, radiator, UPVC double-glazed patterned window to the front.
LETTING ROOM SEVEN: Approximately 14'9" x 10' with radiator, vanity unit with inset wash hand basin with tiled splash back, electric shaver/light point, TV aerial point, telephone point, carpet as fitted, UPVC double-glazed window to the rear.
LETTING ROOM EIGHT: Approximately 14'9"x 10'. Two radiators, feature cast iron fireplace, TV aerial point, telephone point, freestanding walk-in shower cubicle with Gainsborough shower incorporated, pedestal wash hand basin with tiled splash back, electric shaver/light point, carpet as fitted, two UPVC double-glazed windows to the rear. Door into:
En-Suite WC: predominately tiled walls, low level flush WC.
LETTING ROOM NINE: Approximately 13'8" x 11'6". Two radiators, freestanding walk-in shower cubicle having shower incorporated, vanity unit with inset wash hand basin and tiled splash back, electric shaver/light point, TV aerial point, telephone point, carpet as fitted, UPVC double-glazed window to the front.
LETTING ROOM TEN: Approximately 17'10" x 14' into bay. Coved ceiling, two radiators, TV aerial point, telephone point, pedestal wash hand basin with tiled splash back, electric shaver/light point, carpet as fitted, UPVC double-glazed bay window to the front. Door into:
En-Suite Bathroom (for Room 10). Suite with panelled bath, low level flush WC, extractor fan.
LETTING ROOM 7A: Radiator, TV aerial point, telephone point, carpet as fitted, UPVC double-glazed window to the rear. Door into:
En-Suite Shower Room (for Room 7a): Fully tiled walk-in shower cubicle with Aqualisa shower incorporated, pedestal wash hand basin and tiled splash back, low level flush WC, radiator, electric shaver/light point, extractor fan.
There is off road parking to the rear for three to five vehicles with access from a small entrance in the adjacent side road.
It is also worth noting that the Bed and Breakfast side of the property has been granted planning permission to use the top floor of the Bed and Breakfast to convert to new private owners accommodation providing a spacious 2 bedroom top floor apartment. This would obviously reduce the existing letting accommodation to 6 en-suite bedrooms, but at the same time would then release the existing owners flat to be let either on a long or short term basis, or indeed sell, if desired.
GROUND FLOOR 2/3 BEDROOM PRIVATE FLAT No.2 (OWNERS' ACCOMMODATION)
Adjacent to the bed and breakfast side of the property and on the ground floor is a substantial two bedroom ground floor converted flat with private courtyard garden. It has a communal front door into communal entrance and further private front door into:
Inner Hallway: Two radiators, original coved ceiling, storage cupboard, built-in cupboard, wall-mounted central heating thermostat, carpet as fitted, panelled doors to all rooms to include:
Lounge: Approximately 17'4" x 16'11". Original coved ceiling with feature ceiling rose, picture rail, dado rail, feature cast iron fireplace with tiled inserts, marble and decorative wooden surround, 2 radiators, TV aerial point, telephone point, extensive fitted shelving, carpet as fitted, UPVC double-glazed bay window to the front.
Kitchen: Approximately 10' x 5'4". Double glazed window, part tiled walls, fitted with work surface incorporating stainless steel sink and drainer unit, range of matching wall and base units with fitted drawers, newly fitted electric cooker and fridge, radiator with thermostatic control, viny floor covering.
Dining Room: Approximately 15'7" x 12'6". Original coved ceiling picture rail, double radiator, telephone point, fitted shelving in recess area, carpet as fitted, UPVC double-glazed windows to both sides and double-glazed French doors to the rear giving access to the garden.
Bedroom One: Approximately 13'6" x 13'3". Built-in wardrobe, radiator, En-Suite Area which is fully tiled with walk-in shower cubicle with Mira shower incorporated, pedestal wash hand basin, carpet as fitted, UPVC double glazed bay window to the side.
Bedroom Two: Approximately 14'9" x 13'3". Original coved ceiling, picture rail, extensive range of built-in wardrobes with sliding mirrored doors, TV aerial point, telelphone point, radiator, carpet as fitted, UPVC double-glazed bay window to the front.
Bathroom: Double glazed patterned window to the rear, fully tiled walls, newly fitted white suite comprising a panelled bath with Newlec shower over, close coupled dual flush WC, pedestal wash hand basin with mixer tap, radiator, built-in cupboard housing wall mounted gas fitted combination boiler, vinyl floor covering.
There is a block paved Courtyard Style Rear Garden adjacent to the dining room and kitchen with two timber framed sheds with outside tap.
Garage: Measuring 20ft 1in by 12ft 2in, with up and over door and personal door giving access to the garden.
FIRST FLOOR 2 BEDROOM PRIVATE Flat No.1
Self-contained flat with UPVC double-glazed front door with access to private staircase to first floor split level landing which is approximately 25' in length, panelled doors to all rooms.
Study Area: Approximately 9' x 8' with UPVC double-glazed window to the front and further door opening to the lounge.
Lounge: Approximately 17'6" x 15' with TV aerial point and UPVC double-glazed bay window to the front.
From the inner hallway there is a door into the;
Kitchen/Breakfast Room: Approximately 14' x 13'6" with range of work surfaces with matching wall and base units, space for table and chairs, UPVC double-glazed window to the side.
Bedroom One: Measuring approxmately 17'5" x 12'5".
Bedroom Two: Measuring approxmately 12'10" x 11'. UPVC double-glazed window to rear.
Bathroom: Matching suite comprising panelled bath, pedestal wash hand basin, UPVC double-glazed window to the rear.
SECOND FLOOR 2 BEDROOM PRIVATE FLAT No.3
Ground floor communal entrance leading to own front door, with stairs to the second floor all with newly fitted carpet and second floor split level landing with double-glazed Velux style window to the rear, built in storage cupboard with fitted washing machine, fitted smoke alarm, wall mounted central heating thermostat, newly fitted carpet.
Lounge: Measuring approximately 17'7" x 14'1". A spacious room with double-glazed 'feature' window to the front, double radiator with thermostatic control, TV aerial point, telephone point, dimmer switch, newly fitted carpet.
Kitchen: Measuring approximately 10' x 5'6". A newly fitted kitchen with feature turreted ceiling, part tiled walls, a newly fitted kitchen comprising a marble effect rolled edge work surface incorporating stainless steel sink and drainer unit, range of matching wall and base units with fitted drawers, newly fitted electric cooker and fridge, radiator with thermostatic control, viny floor covering, fitted smoke alarm and UPVC double-glazed bow window to the front.
Bedroom One: Approximately 13'9" x 12'8". Double glazed window to the front, wash hand basin encased in vanity unit with cupboard under, TV aerial point, radiator with thermostatic control and newly fitted carpet.
Bedroom Two: Measuring approximately 13'6" x 11'6". UPVC double-glazed window to the rear.
Bathroom: Matching suite with a newly fitted white suite of panelled bath, pedestal wash hand basin, low level flush WC, built-in airing cupboard housing gas fired combination boiler, UPVC double-glazed window to the rear.
The entire property including the Bed and Breakfast and 3 Separate Flats have all been recently double glazed and have a modern Fire Alarm/Smoke detection system fitted.
As detailed earlier, we also understand that planning permission has been granted to convert the top floor of the Bed and Breakfast into a new spacious 2 bedroom owners apartment, which although reducing the letting accommodation to 6 en-suite rooms, would then provide 3 flats to either let or sell.
THE BUSINESS
The B and B has a four star accommodation rating with the English Tourist Council/Visit Briain and benefits from regular clients and good occupancy levels particularly from Easter to September including teachers from local Foreign langauge schools and several contracts with block bookings of accommodation for a local major insurance company, a large opticians chain and for a Music Festival and other events. There are two ground floor rooms letting rooms and all the rooms have colour TV and tea/coffee making facilities, and it is felt that the ground floor residents lounge could also be converted to an additional letting room, as this room is seldom used. The business is featured in theVisit Britain and Enjoy England books, and also has its own Website and in the last financial year declared BandB takings in excess of £56,000.
The first floor flat is currently let at £440 per month, the top floor flat has recently been refurbished and we understand could let for £450-£500 per month and the ground floor flat, currently used as owners' accommodation, could let for £650 per month. Consequently, there is an additional potential rental income of nearly £1,600 per month or approximately £19,000 per annum.
The business is family-run with some part-time help during busy periods. In our opinion, this well established business is suitable for a couple or family wishing to expand the lettings aspect of the BandB or to re-configure the substantial accommodation on offer, subject to any planning consent required, and represents an excellent investment opportunity. Equally, the property could be ideal as a boutique hotel with owners accommodation and additional rental income. The sale includes all trade fixtures, fittings, furniture and bedding, etc
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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