This well-established and highly successful independent Bed and breakfast/guesthouse on the West Sussex coast is up for sale due to retirement.
This owner-operated 8-bedroom guest house sits in a prime location, just 5-minute walk from the seafront and 10 minutes from local restaurants, pubs and shops
Trading successfully all year round and operating as a lifestyle business by the owners, with high occupancy that generates a steady cash flow every month, there is vast potential for growth, increasing turnover by expanding on the current offerings.
The business already operates very successfully as a profitable bed and breakfast with a function room offering occasional afternoon teas, birthday parties, weddings and wakes. There is a license bar/lounge that has potential for growth.
Currently, the fully functioning kitchen and 30-seater dining area are only used to serve breakfast, and the recent introduction of successful afternoon teas for groups and parties
This business is Ideally suited to a husband-and-wife team or partnership with a catering background to capitalize on the kitchen and restaurant potential, offering lunches or evening meals
The bed and breakfast operates very well all year round, enjoying year-on-year growth. Reviews on booking.com (9.1) and TripAdvisor (4.5) are high and rank highly in the area's most recent listed #3 , which rewards the business with high levels of occupancy and returning guests
Bar: There is a cosy bar, which is a very comfortable space and a popular area for guests to gather after a day sightseeing.
Our license allows us to serve alcohol 24 hours a day as long as users are staying or at a function at the venue. An experienced operator would be able to make far better use of this area. Seating for 20 and room for standing in the bar and patio area offer further seating
Function Room: Offering seating for up to 30 people, it is currently a great space for our afternoon teas, tea parties, wakes, etc. There is a well-presented patio area offering further seating areas.
Kitchen: The kitchen is fully equipped for any desired usage. Currently only used for breakfast, afternoon teas and small buffet functions, there is huge opportunity; it just needs the right person to exploit it
The Bedrooms have 8 ensuite rooms, including twin rooms, double rooms and one family suite sleeping four to five people. The rooms are advertised on all of the major online agency websites, as well as on the B&B's own website, bringing in domestic and international guests.
The Business operates year-round . We work very well with guests houses in the area, sending business to each other when we cannot accommodate a guest. Ideally located for all the major events in the area, such as Goodwood, this allows for increased revenue during these dates.
The Competition: The owners have a good relationship between other local guesthouses; not having many accommodations in the area ensures that the rooms are generally full
The business is being sold as a going concern with all furniture, fixtures, fittings and stock, with a long handover period as required.
