| (REF: SE001447) 10 Bedroom Guest House In Prime Seafront Location - Eastbourne, E Sx |
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| Seller Reference: |
SE001447 |
| B4S Reference: |
28426 |
| Asking Price: |
£519,000
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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: |
Eastbourne, East Sussex, United Kingdom |
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A RECENTLY REFURBISHED SEAFRONT 10 BEDROOM GUEST HOUSE WITH SPACIOUS OWNERS ACCOMMODATION INCLUDING PRIVATE COURTYARD GARDEN and GARAGE, LOCATED IN PRIME SEAFRONT POSITION IN EASTBOURNE, EAST SUSSEX
LOCATION This substantial property is located in an excellent tradition position, ideally located on Eastbourne's seafront, opposite the beach and near the Redoubt fortress and only a couple of minutes walk from the pier, with a newly refurbished sun lounge to the front for guests to sit, relax and enjoy the beautiful sea views.
Eastbourne has a population of about 95,000 and is a busy holiday and conference town attracting some 350,000+ overnight visitors each year. Major events include the International Tennis tournament and Airbourne, a four-day air-show centred on the sea front. With an ever growing resident population and an attractive marina the town attracts strong year-round trade and is considered one of the most desirable towns to live and work in on the South Coast.
THE PROPERTY In brief, the property comprises of a substantial semi-detached guest house set over 4 floors including the lower ground floor, which incorporates a large dining room, the fully fitted kitchen and fully refurbished private owners accommodation including a spacious lounge/dining room with study area and patio doors leading into a private courtyard garden with access to the garage, plus a double bedroom with en-suite.
There are 10 letting rooms, all of which in our opinion have been tastefully decorated and furnished, including 7 double/twin/family rooms, 5 with en-suite facilities, plus 3 single bedrooms with shared bathroom and separate WC. 3 of the bedrooms have their own private balconies.
In brief the accommodation comprises as follows; Lower Ground Floor Level Guests Dining Room - a spacious room with large double glazed bay windows to front with high ceilings with decorative cornice, fitted breakfast bar for cereals, etc, and feature fireplace.
Fitted Kitchen - with tiled walls, fitted wood base and wall units, a double stainless steel sink unit, 2 wall mounted ovens, a 6 ring gas hob, 2 microwave ovens and hand wash sink unit x stainless.
Pantry/Parlour - with 2 fridge/freezers and further cupboards providing useful additional storage.
A door to the rear of the kitchen leads to the Private Owners Accommodation, which includes;
Lounge/Dining - a large fan shaped room with further area currently used as a small Study Area, complete with attractive recessed spot lighting, white panelled doors and large double glazed patio doors leading out to a
Private Walled Courtyard Garden - an attractive peaceful oasis with paved patio and further door leading into the
Garage - which provides additional storage and is equipped with a commercial washing machine and commercial tumble drier, and provides convenient access through to the street behind for deliveries and unloading shopping, etc. There is also an additional storage room accessed from outside for tools and paint, etc that is located beneath the entrance steps.
A further door from the lounge leads to a; Double Bedroom - with large fitted wardrobes and to the;
En-Suite Shower Room - which is fitted to a high standard with tiled walls and floor and fitted with a low level WC, wash hand basin and large double size walk-in shower.
Ground Floor Level Wide steps from the street lead up the raised ground floor level and a double glazed entrance door, which has an eye-catching sign-written sun awning and leads into the;
Reception Area - a welcoming area which leads through onto the Entrance Hall ahead or to the left into the;
Sun Lounge - which has large double glazed windows providing a warm peaceful place for guests to sit, relax and enjoy the excellent views of the seafront, sea and promenade. A door from the entrance and further door from the Sun Lounge leads into the;
Guest Lounge - with high ceilings with decorative cornices, chandelier and very attractive stained glass windows to the sun lounge.
Room 2 - Single Bedroom with own wash hand basin and low level WC, which we understand proves very popular with elderly guests.
Room 3 - Family Room with large bay window, double and single beds and En-Suite with shower, low level WC and wash hand basin.
First Floor Room 4 - Single Bedroom with wash hand basin and large double glazed window to rear.
Room 5 - Double Bedroom with En-Suite, part tiled with shower, low level WC and wash hand basin.
Room 6 - Family Room with double and single beds with patio doors leading out to a Balcony with lovely views of the sea and the nearby Pavilion. With En-Suite part tiled with bath with shower over, low level WC and wash hand basin.
Room 7 - Double Bedroom with wash basin and patio doors leading to private sun balcony, again with excellent views.
Separate Shower Room - with large double size walk-in shower.
Separate WC.
Second Floor Room 8 - Twin/Family Bedroom with twin beds and further put you up/fold-out single bed, fitted wardrobe and views to rear over the town to the South Downs, and with En-Suite part tiled with shower, low level WC and wash hand basin.
Room 9 - Double Bedroom, sold as the 'penthouse suite', with own private balcony with outstanding views and En-Suite with bath, low level WC and wash hand basin.
Room 10 - Single Bedroom with wash hand basin and view to front.
Room 11 - Twin Bedroom with wash hand basin and double glazed window to rear with views over the town to the South Downs.
Separate WC
The property has been extensively refurbished, updated and re-decorated, and is equipped with all furniture, fixtures and fittings including Egyptian cotton linen, and we also understand that some rooms have new flat screen TV's and that new carpet has been fitted throughout and that a new fire alarm system has also recently been installed.
TENURE Freehold
THE BUSINESS This very attractive guest house is located in an excellent trading position and has been completely refurbished and re-branded by the current owners, who in our opinion have decorated and furnished it to a high standard.
During their ownership they have built-up a good reputation with many repeat guests and from trading only 9 months a year (they close mid Nov - mid Feb) - we are informed that the turnover is just below the Vat threshold at approximately £68,000 per annum. And, it is felt, that this could easily be increased if desired, by opening more often. (Further detailed accounting information will be made available to seriously interested parties after an initial viewing).
The current owner use the local councils tourists on-line booking system, as well as one of their own, and their own website, all which very successfully generates lots of clients, many coming from mainland Europe, and we are informed that there are already many bookings in place for the coming year.
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Property: |
Freehold |
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Living Accommodation: |
No |
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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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