Hotel for sale

Selwood Lodge, Victoria Drive, Bognor Regis, West Sussex, PO21 2DZ

Guide Price £725,000

Property Description

Commercial information

  • Business for sale

Key features

  • Popular West Sussex holiday destination
  • Potential for alternative use (STPP)
  • 6 guest bedrooms
  • 3 bedroom owners' accommodation
  • Net turnover - 54,260
  • Extensive rear garden, Energy Rating C

Full description

Tenure: Freehold

Description

Built in 1894, Selwood Lodge offers six en suite letting rooms and three bedroom owners' accommodation arranged over two floors.

This family run guest house has been in the same ownership for the last 40 years and benefits from a strong reputation both locally and regionally.

Location

Selwood Lodge is located in the West Sussex seaside town of Bognor, south of the cathedral city of Chichester. Bognor offers excellent transport links with access to the A27 which leads to Portsmouth and Brighton.

Internal Details

Entrance hallway, dining room (20 covers), lounge bar, games room, ladies and gentlemen's WCs.

Fixtures & Fittings

Fixtures and fittings are included in the sale and an inventory will be provided to prospective purchasers.

Letting Accommodation

Six en suite bedrooms arranged over the first floor.

External Details

Large, rear, lawned garden with patio and small gazebo.

Owner's Accommodation

Three bedroom owners' accommodation, kitchen, utility room, bathroom and ancillary storage areas arranged over the ground floor.

The Opportunity

Selwood Lodge represents a great opportunity to acquire a successful business with a tremendous reputation, having been in the same ownership for 41 years.

The owners are 'hands on', living on site and currently operate the business 10 months of the year to suit their current lifestyle. As a result, there is significant scope to grow the business by opening throughout the year, creating further letting rooms and opening up for evening meals.

The guest house has consistent repeat business throughout the year, whilst benefitting from an influx of holiday makers to the area in the summer months.

Website - www.selwoodlodge.com

Staff

Owner operated with one part time cleaner.

Trading Information

Advised net turnover of £54,260 for 2016.

Development Potential

Potential for alternative use (STPP).

Business Rates

The Rateable Value is £4,850 for the year commencing April 2017.

Regulatory

Premises Licence.
Restaurant Licence.


More information from this agent

Nearest stations

  • Bognor Regis (0.2 mi)
  • Barnham (3.4 mi)
  • Ford (5.2 mi)
Distances are straight line measurements from centre of postcode

Floorplans

Map & Street View

Nearest stations

  • Bognor Regis (0.2 mi)
  • Barnham (3.4 mi)
  • Ford (5.2 mi)
Distances are straight line measurements from centre of postcode

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