Bed & Breakfasts for sale in Chichester

View the "IDYLLIC COUNTRYSIDE PROFITABLE GUESTHOUSE WITH 17TH CENTURY CHAPEL - CHICHESTER" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £895,000 Annual Turnover: £80 Annual Net Profit: £50
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Business Description
The Old Forge Chapel provides an exceptional opportunity to purchase a profitable, premier, four-bedroom luxury bed and breakfast business which is busy all year round and not seasonal. It includes a private owners accommodation in a separate three-bedroom Cottage.

A unique feature of this bed and breakfast is that all four guest suites are separate from the main Cottage, so there is never anyone sleeping in the owner’s accommodation. You have complete privacy. All guest suites benefit from having their own front door entrances, with key safe boxes, allowing guests to let themselves in if you are unable to be there, or if guests are going to arrive after check-in-times. The only access the guests ever have into the Cottage, is into the breakfast room for breakfast.

It is only four miles from the popular, year-round historic city of Chichester, two miles from the stylish Aldwick beach, close to the ever-popular blue flag Witterings beach and Goodwood House with its many annual internationally renowned events.

Two of the luxury guest suites, one double and one very popular twin room, are in the annexe at the rear of the Cottage. Our two, premier, luxury King suites are in the fully renovated 17th Century Chapel, both having their own private separate garden areas for guests. All the guest accommodation have their own private off-road parking space.

It all sits within the immaculate two thirds of an acre beautiful gardens which have unspoilt, uninterrupted 360-degree farmland views. The nearest property is 400 metres away, ensuring a perfect secluded getaway for both national and international guests.

The entire property has been carefully restored over the past two years including full interior painting, rewiring and new windows throughout. The Chapel has solar panels which heat the water, so during the summer months there are virtually no utility bills.

Currently, The Old Forge Chapel business has the highest performing room of any other B and B in the Chichester area for Bookings.com, as well as the highest rating and most reviews of any other accommodation in the Chichester area. They have also said about our reviews “Your reviews are incredible – will you share your secret to help others?”

We have the highest rating on Trivago for the Chichester area, which also drives bookings from the Expedia group of companies. It has its own stylish website which drives many direct bookings, hence no commission. There is also plenty of opportunity to benefit from more no commission sales as the property has passing traffic, especially in the summer months.

There are many bookings currently for the rest of the year that will be passed on to the new owners which is included in the sale price, and also bookings for the 2019 season and we are happy to help the new owners with a smooth transition if they need any assistance.

Please visit our website at www.theoldchapelforge.co.uk

There are also architects plans (now expired) which were approved, to extend the Chapel, which is not listed.

Freehold: Offers in the region of £895,000 to include all the bookings for 2018 and 2019, fixtures, fittings, goodwill, website etc. Obviously, we are happy to provide full support and training to you to ensure a seamless transfer of current bookings we have already taken for the rest of the year.

Our minimum booking requirement stay of two nights keeps the number of room changeovers to a minimum, with some guests staying for up to six nights. This reduces the cost of laundry and with less rooms to make up, the business is easy to run with only a couple.

As far as business performance goes, in the month of March for instance, our bookings were 8% higher, while our competitors in the Chichester area were 5% down for the same period. On Google, we have the top performing accommodation photo, The Chapel, with 37,984 views up to March 2018. On April 1st, based on the previous 3 months, our bookings were up 26.1% from our previous year, and our room revenue up 13.8%. Our current rating on Bookings.com is 9.6 with 423 reviews, which is the highest review score per published reviews on the whole South Coast.

Currently, over £60,000 worth of bookings have been taken so far this year, as well as closing many weeks in the year for our private holidays. Turnover this year is anticipated at around £75,000 to £80,000.

Should you prefer to keep the five bedroomed main residence, solely as your private accommodation, and only use the separate Chapel to create business revenue, then this will generate around £45,000 annually. Should you not want to provide the breakfast, i.e. room only, then this will generate around £40,000.

There are full accounts which have been drawn up by our accountant for the trading year ending March 2018 should you wish to look at them during further negotiations.

Please call contact Jonathan Swain at Coastguards Estate Agents on 01243 267026 who will be more than happy to help with any further questions you may have and have more information about room sizes for you and will send you a full colour brochure.

If you would like to contact us directly for a telephone conversation so we can talk about how things run, including our online bookings system etc, and to get a better insight into the lifestyle achievable around running your own business, then please call either Teresa 07749 143761 or David on 0770 999 3031.

One last point, the only reason we are selling is due to Teresa’s mothers recent health diagnoses, so as with all negotiations, we are happy to take reasonable offers on the Freehold price.
Trading Hours:
7 days a week (optional)

Tenure: Freehold

Number of bedrooms: More than 5

Accommodation Details:
Owners accommodation in the main Cottage consists: Sitting room 18 x 12 Breakfast room 18 x 14 Kitchen 17 x 16 Utility room 6 x 6 Bedroom 1 12 x 11 Bedroom 2 12 x 10 Bedroom 9 x 8 Guest bedrooms in Cottage Cottage Double room Bedroom 1 16 x 12 Ensuite Bathroom 10 x 7 Cottage Twin room Bedroom 13 x 10 Ensuite Bathroom 9 x 7 Guest bedrooms in Chapel Chapel Garden Suite 17 x 10 Ensuite Bathroom 8 x 6 Chapel Lodge Suite 17 x 10 Ensuite Bathroom 8 x 6

Support & Training:
Full support and training will be given by the current owners to ensure a seamless transfer of business for the bookings that have already been taken for the rest of the year, which currently stand at over 330 nights.

Location Details:
This idyllic 17th Century Chapel and Cottage with its fascinating history, located in the beautiful West Sussex countryside and surrounded by fabulous open views of the South Downs provides a truly unique bed-and-breakfast experience. It is situated four miles from the historical city of Chichester, with its Festival Theatre and magnificent Cathedral, six miles from the beautiful golden sands of West Wittering beach, two miles from Aldwick beach and cafe, four miles from Goodwood and its renowned events and twelve miles from historic Arundel Castle, and is a beautiful area for walking, riding and cycling and offers a wealth of cultural and outdoor pursuits

Is this business home based: Yes

Website:

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