Guest Houses for sale in Eastbourne

View the "The Arden Hotel Eastbourne, East Sussex BN21 4AR" 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: £749,950 Price Reduced Turnover: £75,499 Gross Profit: £69,929
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Business Description
Business
Hilton Smythe are delighted to present to the market The Arden Hotel, a family run business owned by our clients since 2006 and now offered for sale due to retirement.

Our clients offer 8 letting rooms with a full capacity of 18 guests.

Our clients offer great value and flexibility on their rooms, with prices ranging from £42 per night for a single room to £82 for a superior room.

Our clients enjoy 80-90% room occupancy levels in the summer; the Guest House is run at a pace in the winter months, to allow our clients to enjoy more family time. The property is extremely well maintained and will allow any new owner to walk straight in and carry on trading.

There is high speed internet throughout the reception work area, for staff and guests.

Our clients attract families, couples and theatre goers; and have selected rooms that are pet friendly.

There is an excellent choice of breakfasts to suit all dietary requirements; available from the large 18 cover dining room.

Opportunity to increase current turnover by increasing all year round availability and increase the number of letting rooms by converting some rooms.

Location
The Arden Hotel occupies a commanding trading position on Burlington Place in the heart of Victorian Eastbourne, East Sussex and just 50 metres up from the sea.

Burlington Place leads directly off the Grand Parade, with its beautiful Victorian gardens and 3 miles of promenade with direct views overlooking the sea. The Guest House is only 2 minutes’ walk from the newly refurbished pier, bandstand, traditional amusement arcades, restaurants and cafes. Both the famous theatre land and shopping mall are undergoing a massive redevelopment programme which will directly increase the footfall to the area and those looking for quality Guest Houses to stay.

The area enjoys a high number of foreign students and visitors due to the proximity of excellent language colleges and universities.

There is limited free guest parking directly behind in the private car park as well as discounted parking on Burlington Place.

There has been massive residential development in this area also with many larger hotels now converted in luxury apartments, an example of such is located behind the hotel where apartments are being sold for £400,000.

Premises
8 letting rooms with flexibility to increase.

Front External: -

Original sash windows to the front. The property looks highly welcoming with its colourful front and original features.

Ground Accommodation -
Entrance vestibule leading grand wide hallway and reception/study area.

Guest Lounge –
Large bay window to the front, cast iron and tiled period fireplace, original cornicing and ceiling rose.

Owners Suite –
Double bedroom

Separate office/second bedroom with French doors leading out onto a beautiful decked terrace, en-suite shower room to this room also.

Lower Ground: -

Hallway.

Large dining room for a minimum of 18 covers. Very bright room with its own customer toilet facilities and service cupboard.

Kitchen – wall and base units, new 5 burner gas oven, fan oven, dishwasher, Lincat grill, microwave, tall fridge, upright fridge/freezer, washing machine and tumble dryer.

Rear entrance to off street car park and storage shed.

Private sitting room with rear windows.

Large walk in storage area/study, boiler and cupboards.

First Floor: –

Two Double Rooms - with larger than average modern white tiled shower en-suites overlooking the rear of the property.

Family Suite - includes single bedroom with its own separate toilet and shower, the neighbouring double or twin room comes with its own en-suite, both rooms overlook the front of the property.

Second Floor: –

Double room – with 4 poster bed.

Twin Room – to the rear of the property, with a bath.

Double Room – to the front of the property.

Double Bedroom - to front offering a king-sized bed, large front windows, curved shower cubicle in the larger than average en-suite.

Third Floor: -

Currently used as owners’ family accommodation, includes –
Small double room with sink.

Letting room - Twin bedroom with shower en-suite.

2 x twin bedrooms to front with en-suite.

External: –

Large decked terrace for client’s private use, ideal for summer BBQ’s and relaxing.

Private car park for 3 cars and storage shed.

UPVC at rear and side of property.

Tenure
This is a Freehold business opportunity.

Hours
Flexible throughout the year, with an increase availability in the summer months.

Staff
The Guest House is run and managed by a husband and wife team.

Financial Profile
As of the 2017 accounts, turnover was circa £75,000; with a gross profit of 93%.

Tenure: Freehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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