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Freehold 5 Storey B&B In East Sussex For Sale

Eastbourne, East Sussex, UK
Asking Price:
£599,500 Furniture / Fixtures included
Sales Revenue:
£50K - £100K
Cash Flow:
Available on request

Established and well-maintained B&B/guesthouse in busy, popular tourist town of Eastbourne, with private car parking.
14 bedrooms (all but one is ensuite) over 4 floors with current owners operating low key due to retirement plans. Large guest lounge, 20 cover breakfast room, fully fitted kitchen, private lounge (small storage room off) and office.
Ground floor bedroom and dressing room lead directly on to large private balcony at rear. This overlooks the service area, car parking and is south facing.

Husband and wife operated, turnover sub VAT. Simple, profitable business. Enjoys strong repeat and overseas with wide visitor demographic. Continually upgraded and maintained to a very good standard.
Although currently run as a full-service bed & breakfast operation, could easily be simplified to an Air B&B, room-only style operation.

Excellently located (see video upload), 40 metres from seafront, close to town centre and restaurants. Art Gallery, Theatres, Conference Centre, Eastbourne Tennis are just few minutes walk.
Eastbourne has recently completed a £50million development investment in the main shopping centre, theatre, seafront and world famous tennis facility.
Key activities in the year include August Airshow, October Beer Festival, Bonfire Processions, Car Rallies, Cycling events, Beachy Head Marathon etc.

Owners may consider flexible purchasing options for serious buyers.
Current owners have applied and received planning approval for change of use. This can be used as an option for the future.

For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Living Accommodation:

Current owners take 2 bedrooms but there is flexibility to take more or less.

Location:

50 metres from seafront, 2 minutes to Theatres, 5 minutes to town centre

Premises Details:

FREEHOLD 5 storey Victorian building.
14 bedrooms set over 4 floors with breakfast room, kitchen and private lounge in lower ground area with direct access to carpark.

Size in square feet:
3,930
Planning Consent:

Pre-app approved in December 2021 for change of use to apartments.

Business Operation

Competition / Market:

Number of large hotels in central area but very few small B&B competitors in this location.

Reasons for selling:

Retirement

Trading hours:

Mainly summer season but with some additional winter business with owners' choosing.

Employees:
0
Years established:
16 years by current owners

Other Information

Support & training:

Willing to discuss

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owners may consider flexible purchasing options for serious buyers.

Furniture / Fixtures value:
£50,000 - included in the asking price
Website:
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