Seafront Guest House In East Sussex Resort | | St Leonards East Sussex | | Popular Guest House, St Leonards, East Sussex T/O: £26,000 GP 40%249 Scope to increase turnover 7-guest letting rooms Owners' accommodation Seaside resort Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64173
ADVERT IMPRESSIONS : 8,019 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £375,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Marina Lodge occupies substantial Grade II listed premises, located on the spectacular seafront in St. Leonards, East Sussex. The guest house is situated in a parade of similar properties and boasts stunning views of the beach and the seafront. The business benefits from ample on-street parking and both the railway and bus station are within easy reach. There are many attractions in the vicinity including galleries, museums, cinemas and theatres, as well as fine restaurants, pubs and cafés. St Leonards is a thriving area and forms part of historic Hastings, which makes an ideal base for tourists wishing to explore the area. The guest house has easy access to the A-road network and the M20 motorway lies approximately 33 miles away.
Business History
Preferred Commercial is pleased to offer for sale this popular guest house, which was established by our clients in 1990 and which is only now being placed on the market due to our clients' wish to retire. The business occupies 4-storey Grade II listed premises, which was built in the 1830s, and has 7-letting rooms and a large dining room to accommodate approximately 16-covers. The owners' accommodation is situated on the lower ground floor. In recent years the property has been extensively refurbished, including new double glazed sash windows to front, new canopy and railings on balcony, roof re-slated and re-leaded, front door and basement door replaced, building re-wired and new fuseboxs fitted. The property also benefits from a new illuminated sign to the front and a CCTV system monitoring the exterior, front door and hallway. An extensive fire alarm system incorporating hard-wired smoke alarms to each room with a central control box in the hallway is installed. There is also full central heating with thermostatically controlled radiators. A website is in place, which provides information about facilities, location and contact details. Our clients have gained an excellent reputation and a loyal customer base by offering competitive rates, good quality breakfasts, as well as a welcoming and friendly atmosphere. We are advised by our clients that they receive regular business from contractors working in the area. The business trades at a pace that suits our clients and generates a turnover in the region of £26,000 per annum. We feel that turnover could be increased by embarking on a modest marketing campaign and perhaps developing the website to include on-line booking. This is an ideal opportunity to acquire a well-maintained guest house, which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £26,000 approx.
Opening Hours
Open all year round
Accommodation Details
Grade II listed seafront guest house, maintained to a very high standard, boasting 7-letting rooms and owners' accommodation. Briefly comprising:
Lower Ground Floor
• Large owners' double bedroom
• Spacious bathroom with disabled access
• Storeroom
• Laundry room with washing machine and tumble dryer
Ground Floor
• Room 1: double room with sink, TV, wardrobes and tea and coffee making facilities
• Bathroom
• Large kitchen with a range units, 4-hob oven, fryer and dishwasher
• Dining room with tables and chairs to accommodate approximately 16-covers and a small bar (not licensed)
First Floor
• Lounge area with TV, sofa and display cabinets
• Room 2: double room with sink, wardrobes, TV and tea and coffee making facilities
• Room 3: double room with TV, wardrobes, tea and coffee making facilities and en-suite shower, sink and WC
• Room 4: single room with sink, wardrobes, TV and tea and coffee making facilities
Second Floor
• Room 5: double room with sink, wardrobes, TV and tea and coffee making facilities
• Room 6: twin room with sink, wardrobes, TV and tea and coffee making facilities
• Room 7: family room with TV, wardrobes, tea and coffee making facilities and en-suite shower
• Bathroom with bath, shower, sink and WC
External
• Ample on-street parking
• Small yard to rear
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2498 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
