| (REF: SE001462) Est Guest House With 9 Rooms + Owners Accom - Eastbourne, E Sx |
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| Seller Reference: |
SE001462 |
| B4S Reference: |
28435 |
| Asking Price: |
£359,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£36,000 |
| 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 WELL ESTABLISHED GUEST HOUSE WITH 9 BEDROOMS (5 EN-SUITE) AND OWNERS' ACCOMMODATION IN CENTRE OF THE POPULAR COASTAL RESORT OF EASTBOURNE IN EAST SUSSEX
LOCATION
This well known guest house is situated in an attractive residential area of the popular seaside town of Eastbourne, a short distance from the town centre, and close to the pier and sea front.
Eastbourne has a population of approximately 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.
THE BUSINESS PREMISES
The Guest House is in a terrace of 3 storey buildings with an attractive frontage decorated with window boxes and hanging baskets and a canopy awning above the front door.
On the ground floor, the hallway leads to the dining room, the lounge with large bay windows and attractive fireplace, and the large kitchen which has a centre cooking station and extractor.
The Owner's Private Accommodation
The private owners' accommodation features a small lounge area, shower room with WC, shower and wash hand basin, double bedroom with wardrobe and a door at the rear to a further room currently used as an office/study. There is also a door to the small yard area.
On the first floor the hallway leads to a bathroom with bath, WC and basin, a single room with wash basin and double glazed window.
BEDROOM ONE: a double room ensuite with shower and WC;
BEDROOM TWO: a double room with fireplace and ensuite with shower, WC and basin. BEDROOM THREE: twin room, ensuite with shower, WC and basin;
BEDROOM FOUR: a single room.
On the second floor,
BEDROOM FIVE: double room, double-glazed with basin, shower room with shower, WC and basin.
BEDROOM SIX: double with fireplace, wardrobe, en suite with shower, WC and basin. BEDROOM SEVEN: double with fireplace, wardrobe, en suite with shower, WC and basin. BEDROOM EIGHT: Twin room.
TENURE
Freehold
THE BUSINESS
The guest house has been established for more than 20 years and has a loyal clientele with lots of regular bookings and guests coming from all over the UK and Europe, providing a current declared annual turnover in the region of £36,000. The current owners charge only £26 per person for per night including breakfast, offering evening meals at £12 as required, and they open all year with summer, as expected, being very busy.
However, the current owners are planning on retirement so have recently been running the business on a relaxed basis without any major promotion or marketing, giving ample scope to expand. Two more of the bedrooms could be converted to offer further en-suite rooms and special deals could be offered to increase winter trade. The small back yard could also be made into a seating area.
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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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