Guest Houses for sale in Eastbourne

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Traditional Bed & Breakfast- Eastbourne

Eastbourne, East Sussex, England

  • Freehold Price: £675,000
  • Annual Turnover: £74,162
Seller Reference: KBT48055
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: KBT48055
Request Details
Business Description
• Traditional bed & breakfast with 8 letting rooms, plus additional 3 rooms which are currently being used for private use.
• Minutes walk to sea front, theatres, town centre and train station
• Same ownership since 2006/retirement sale/open to negotiation
• Potential for alternative use STPP

Traditional B & B situated 150 yards from sea front within popular coastal town of Eastbourne, East Sussex. Same ownership since 2006. Est c.1970’s. Substantial period property over 5 floors. Ideal lifestyle change. Excellent condition. Ideal for conversion to specialist care home STPP & CQC registration. FH Ref:48055

A superb opportunity to acquire this well established and very profitable traditional bed and breakfast, which has eight ensuite letting rooms and is situated in the popular coastal town of Eastbourne, East Sussex. The business enjoys regular leisure trade due to the excellent location close to the sea front but also from those visiting the town for commercial reasons, such as conferences, which are held at the theatres less than 0.25 miles away.

The bed and breakfast is within easy reach of Eastbourne mainline train station which provides a direct train to London Victoria, taking around 1h 30m in peak times, making Eastbourne popular with those living in London. Having been run by the same husband and wife team since 2006, this is a thriving and successful business which attracts customers from far and wide on a regular basis, both midweek and at weekends. We have been advised that around 25% of guests each year are from overseas.

The business is open all year with many bookings coming via www.booking.com and other booking agencies. As of October 2020, the reviews on www.booking.com were 8.9 (Fabulous) from 77 reviews and 9.5 for location, thus making the business very successful with many new bookings coming by way of personal recommendation after a stay.
Eastbourne is easily accessed via the A22 and A27 and is approx. 24 miles east of Brighton which attracts many tourists each year.

Eastbourne is also famous for its International air show which takes place along a two mile stretch of the sea front in August and has been an annual event in the town since the late 1990’s. Eastbourne have undergone a £25million upgrade to its shopping and theatre districts in the last 2 years, attracting huge crowds each year.

The eight letting bedrooms, all of which have ensuite or private facilities, have been refurbished in recent years and are presented in excellent condition. The owners have spent approx £15k on roof repairs and kitchen upgrade in the last 1

Summary. This is an ideal opportunity to purchase a well established and profitable family run bed and breakfast situated in a popular and sought after area of East Sussex, which still offers genuine growth potential for any new owner who is looking for a ‘lifestyle change’ business.

There are alternative flexible finance packages available for this opportuinty, please give our team a call to discuss further.

A viewing is highly recommended to fully appreciate the property, superb coastal location and business opportunity in general.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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