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Successful, Easily-Run Lifestyle B&B In Desirable Sussex Coastal Town For Sale

Eastbourne, East Sussex, UK
Asking Price:
£675,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£50K - £100K
Net Profit:
Available on request

Genuine lifestyle and income opportunity for the right buyer. Worth a look!

This is a FREEHOLD (not Leasehold) 5-storey Victorian property having been operated by the current owners since 2006. A simple, profitable business in very good decorative order. Strong repeat business with a wide visitor demographic including many overseas guests. The husband and wife team currently choose to operate the business as serviced accommodation, mainly summer season, with minimal trade during the winter months (lots of time off).

Established and excellently maintained B&B/Guest House having enjoyed continual investment and improvements including £14,000 on roof work and new kitchen in the last 12 months alone.

There are 8 letting bedrooms all with en-suite facilities, plus a guest lounge, fully fitted kitchen, breakfast room and up to 4 additional private bedrooms. There is a private lounge, car park for 3 vehicles and outside private sun-deck area.

Situated in busy, popular, tourist town of Eastbourne, with good rail and road links to London and Brighton. Centrally located, 1 minute from the seafront and famous Bandstand. 5 minutes walking distance to Gallery, Theatres, Conference Venues and Town Centre, with many bars, restaurants and a host of cultural activities.

Eastbourne has recently undergone a £30 million pound investment in its new Shopping Centre and Theatre/Tennis district. Key activities in the year include Conferences, Eastbourne Tennis, August Airshow, October Beer Festival, Sussex Bonfire Tradition, Car Rallies, International Cycling, Beachy Head Marathon etc.

More photos, floor plans and financial information available to interested buyers. Please contact directly.

Property Information

Property:

Freehold

Living Accommodation:

Current owners take 3 bedrooms but room layout is flexible. See main description.

Location:

1 minute to Seafront, 2 minutes from Theatres, 5 minutes from Town Centre

Premises Details:

5 storey Victorian building, brick and rendered elevations.

Size in square feet:
3,930
Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

The property lends itself to a variety of uses and purposes.
Perfect for large family who want a good home with additional AirB&B-type business.
Potential for floor area conversion to larger rooms or self-catering.
Could be restored to a fine original Victorian design project.

Competition / Market:

One of a handful of small family-run B&Bs in this central location.

Reasons for selling:

Retirement

Trading hours:

Seasonal business.

Employees:
0
Years established:
70

Other Information

Support & training:

Willing to discuss

Furniture / Fixtures value:
£70,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.

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