This landmark 400 year old hotel is located in the heart of a very sought-after historic tourist town in East Sussex. It is located in the High Street very close to and with views from some rooms over a historical important tourist attraction.
The location of the property is superb for this type of business with the town drawing tourists from all over the UK and overseas to view the many tourist attractions in this semi-rural part of East Sussex. The town is also well connected by rail to London Bridge, Ashford and Dover and by road to nearby seaside resorts.
The town also has a growing local population and a thriving business community. The hotel benefits from a private off street car park for 14 vehicles - an extra added advantage in the town.
The premises are held on the balance of a renewable 20 year lease running from January 2003 to January 2023 with a current rent of £40,000 per annum. We also understand from the vendor that the lease has the benefit of an indemnity from the landlord for any major structural repairs such as subsidence, although this does not exclude the exterior, general maintenance and other items, and it is worth noting that the landlord would have to be provided with appropriate references to grant approval to a new tenant.
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