10 bed Guest House in East Sussex For Sale

Terrace property, excellent trading position, close to hospital and the sea front residential and commercial area, EAST SUSSEX

Turnover £ 1,600
Price £1,275,000

Features

Well Established 10 Bedroom Guest House

3 STAR HOTEL

Single fronted - Reception area, desk, cctv (7 cameras.) Office.

Breakfast room - tables and chairs ~ access to patio

Galley Kitchen with skylight - 4 ring electric cooker, grill, microwave, toaster, firdge, freezer, storage cupboards, sink and drainer.

Stairs to lower ground floor - plant room with boiler, washing machine and tumble dryer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,600 p.w.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

Open 52 weeks per year.

Accommodation

Lower ground floor - Guest suite - Studio / King size bedroom, kitchenette, living area with sofa bed, shower room with sink and toilet. ~ access to patio

King size bedroom with ensuite (shower, sink and toilet) with separate access.


Ground floor - Double bedroom with ensuite (shower, sink and toilet)

Double room used by staff.


Stairs to first floor ~ Linen cupboard.

Staff shower room with shower, toilet, and sink.

Studio - Double bedroom, double bed, single bed,ensuite (shower, sink and toilet) Kitchenette ~ patio doors to Juliette balcony

Large, bay fronted, king size bedroom king size bed with ensuite (shower, sink and toilet)


Stairs to Second Floor.

Standard double bedroom with double bed, ensuite (shower, sink and toilet)

King sized bedroom King size bed, single bed with ensuite (shower, sink and toilet)


Stairs to Third Floor

Double bedroom double bed with ensuite (shower, sink and toilet)

Double bedroom, dormer window, double bed with ensuite (shower, sink and toilet)

Loft

Outside

Private patio garden to rear.

Tenure

Freehold.

Business Rates from April 2023 £1,056 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £1,275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 892,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote