8 Bedroom Guest House And 2 Bed Home - Rye, East Sussex For Sale in Rye- Business 4 Sale .co.uk

Business Summary

This well established bed and breakfast business is located close to the centre of the beautiful ancient town in East Sussex. It enjoys a main road position ideal for attracting passing trade and is within a very short walk from two public car parks. Opposite the property there is an expanse of greenery which has a children's play park and the town's bowls club.

THE PROPERTY
The double-fronted property dates from the 1880s and was originally two attached houses. It is of brick construction with a pitched tile roof and dormer windows to the front and rear. The front elevation has a Tudor style 'black and white' fascia with a small walled garden leading directly off the road. The two original entrance doors are retained, although only one is used, and there are both fascia and suspended sign boards advertising the business.

A gate to the side of the property provides separate access to the owners' accommodation and via a brick path to a rear patio garden. Behind the property there is a triple terrace garden with delightfully planted beds containing flowers, shrubs and trees.

Ground Floor
Entrance to the building is via the left hand door which leads into a reception hall. Leading off is the Guest Dining Room, a pleasant room with feature brick fireplace, woodburner style heater and seating for up to 10 guests. A second door leads to the Guest Lounge with marble surround fireplace, comfortable seating, piano, library and corner Bar.

Behind the Guest Lounge is The Owners' Accommodation comprising a well fitted dining Kitchen with fitted beech wood base units and work tops and equipped with 4-burner gas cooker, extraction hood, stainless steel sink, large fridge/freezer, 4-slice toaster etc. A door to one side leads to the Private Dining Room with skylight providing natural light and then to the Laundry/Utility Room equipped with two washing machines, condenser dryer and upright freezer.

On the opposite side there is a lobby area leading to the Owners' Bathroom which has tiled floor and walls, bath with shower over, WC and pedestal wash basin. There is also access to the Two Owners' Bedrooms both of which are good size doubles.

First Floor
Stairs lead to a landing with en-suite Guest Bedrooms leading off:

Twin Bedroom with en-suite shower room and views over the rear terraced gardens
Double Bedroom with en-suite shower room and views over the rear terraced gardens
Double Bedroom with en-suite shower room and views over the playing fields to the front of the property
Double Bedroom with en-suite shower room and views over the playing fields to the front of the property

Second Floor

Stairs lead to a landing with standard Guest Bedrooms leading off:

Double Bedroom with wash basin, fitted wardrobe and views over the playing fields to the front of the property
Double Bedroom with wash basin, fitted wardrobe and views over the playing fields to the front of the property
Twin Bedroom with wash basin, fitted wardrobe and views over the rear terraced gardens
Twin Bedroom with wash basin, fitted wardrobe and views over the rear terraced gardens
Bathroom with shower cubicle, WC, wash basin, laminate flooring and tiled walls
Bathroom with bath, power shower, WC, wash basin, laminate flooring and tiled walls

Services
Mains electricity, water and gas with gas-fired central heating. Double glazed windows throughout. The property is protected by a recently installed fire alarm system. All Guest Bedrooms are equipped with central heating, TV and complimentary beverage trays.

THE TENURE Freehold

The commercial premises have a rateable value of 5,000 and we understand that Uniform Business Rates of approximately 2,200 are payable in the current financial year. The property falls into Band A for Council Tax purposes. Further details are available from the local authority, Rother District Council.

THE BUSINESS
We understand that the Property has been in use as a guest house for over 30 years and has been in present hands for over 9 years. Since then it has acquired an excellent reputation for its comfortable accommodation and friendly service. The current owners have steadily made improvements to the property including most recently a totally new fire alarm system with room sensors. They are now looking to sell the business purely due to personal and family ill health.

The business mainly attracts visitors to Rye including many from overseas. There is also a steady trade with longer term guests working at the Dungeness power station and other commercial concerns in the area. In addition to being listed in various accommodation guides and website listings the business has its own website. The business trades all year and is run by the husband and wife owners. It prides itself in offering a high standard of customer service and this is reflected in the on-line reviews and testimonials received by the owners.

The owners choose not to offer meals other than breakfast, but this is something that a new operator could reconsider. The premises do have an alcohol licence however, and drinks are served in the guest lounge.

The business has traditionally enjoys a solid year round trade with good levels of occupancy. Turnover has been growing year on year, and is now just over £50,000 per annum. Room rates are also due for review at the end of the year which will further improve profitability. Further financial data will be made available to bona fide applicants following an initial viewing and meeting with the owners.

We are of the opinion that this successful business still leaves plenty of scope for an enthusiastic working partnership to take it to the next level while enjoying a very pleasant lifestyle.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

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