14 bedroom hotel for sale

EAST SUSSEX

0 sq. ft. | £145,000

Property Description

Key features

  • Situated approximately 2.5 miles from the coastal resort of Brighton and approximately 1 mile from the Brighton and Hove Albion football stadium.
  • Welcoming Lounge Bar (circa 20+), versatile and multi-functional Public Bar (circa 50+) and a relaxing Restaurant (circa 45+ covers) with delightful views.
  • 14 highly impressive Letting Bedrooms.
  • 2 Bedroom Static Caravan included.
  • Fully equipped Commercial Catering Kitchen.
  • Advised current turnover circa 600,000 (incl. VAT).
  • Trade split circa 45% wet sales, 35% accommodation and 20% food sales. Undoubted potential for catering/functions orientated operators.
  • Enterprise Inn renewable lease.
  • AVAILABLE FOR THE 1st TIME IN 14 YEARS

Full description

Tenure: Leasehold

Ref 7700 LEASEHOLD

A TRULY GOLDEN AND EXTREMELY RARE OPPORTUNITY TO PROCURE AN ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS OFFERING TREMENDOUS GROWTH POTENTIAL

LOCATION
This outstanding business can be found in the highly sought after South Downs village of Woodingdean in the beautiful county of East Sussex and can be easily reached from the A27 near Falmer. Located within the M23/A23 corridor, having excellent road communications providing easy access to the M23, M25 and M20 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. Woodingdean is also within the catchment area of many similar affluent towns and villages in addition to being situated close to the coastal resorts of Brighton, Pevensey Bay, Eastbourne, Bexhill, Hastings and Worthing making this superb business ideally situated to attract trade from the nearby surrounding towns and villages. An enviable place to reside offering a compelling business opportunity.

THE PROPERTY
This substantial and impressive inn occupies an excellent prominent and easy accessible trading position. There are two entrances at the front leading into the Lounge Bar and the Public Bar.
Public Bar (circa 50+) is a good sized versatile and multi-functional room, ideal for a variety of functions including weddings, wakes and private parties etc. There is a Hotel Reception counter and access through to the Public Bar which has a feature return bar servery with a solid polished counter and a matching back fitting having trade optics and refrigerated bottle coolers (not tested). The room is furnished with a range of loose polished tables, upholstered chairs, a comfortable leather sofa, leather tub chairs and upholstered bar chairs. Adding to the charm of this room is the feature open fireplace. There is also a darts throw and a pool table. Access through to the Beer Garden.
Lounge Bar (circa 20+) exuding a wonderful welcoming and inviting ambience, having a return bar servery and is furnished with a range of loose polished tables and upholstered chairs. There is also a leather sofa and leather tub chairs. Access to through to the Restaurant.
Restaurant (circa 45+ covers) being of a good size, exuding a delightful and relaxing dining ambience and having wonderful views towards the coast over the lovely South Downs. The room is well furnished with an eclectic range of solid polished tables and a mix of upholstered chairs. There is also a Carvery Area.
Catering facilities include a good sized fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is a Wash-up Area and a Freezer Room and a Walk-in Chiller.

Lower Ground Floor Cellar with dray drop, pumps, pythons x3, tilt racks, post mix and cooler.

Ladies and Gents W.C.'s x2 sets

LETTING ACCOMMODATION
Situated on the 1st floor and briefly comprises: 14 bedrooms. There is also a Laundry Room.
N.B. Agents Note: There is also a 2 bedroomed Static Caravan included in the sale and there is the possibility of converting 3 of the letting bedrooms to a self-contained apartment for private use if so desired.

EXTERNAL
There is a lawned Beer Garden at the rear with timber picnic benches and a covered designated smoking area. There is also a seating/drinking area at the front with timber picnic benches. Patron's car parking facilities for circa 45+ cars

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday - Thursday - 10.30am - Midnight
Friday & Saturday - 10.30am - 01.00am
Sunday - 10.30am - 11.30pm

The current opening hours are as follows:
Monday - Saturday - 08.00am - 11.00pm
Sunday - 09.00am - 11.00pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
The business is offered for sale as a lease assignment with approximately 6 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is 'part tied' to beer and lager only. We are informed that the rent is currently circa 64,000 per annum. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services and uses gas fired central heating (no services seen or tested). Business rates are advised as being circa 17,000 per annum.

THE BUSINESS
Our vendor clients operate this excellent business as a 'husband and wife' team on a part time basis with the assistance of 6 full time and 8 part time members of staff. Trade is currently derived from circa 45% wet sales, 35% accommodation sales and 20% food sales. Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/functions orientated operation enabling them to take this business to the next level by exploiting the obvious food potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc which would have an incredible positive impact on the turnover and profits. Advised current sales are circa 600,000 (incl. VAT). This popular village inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect fully focussed and fully committed operators to achieve a turnover well in excess of 700,000 (incl. VAT).
Accounting information will be made available to interested parties after viewing.
This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.
Viewing appointments must be made by contacting Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.



Energy Performance Certificates (EPCs)

Nearest stations

  • Falmer (1.8 mi)
  • Moulsecoomb (1.9 mi)
  • London Road (Brighton) (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Falmer (1.8 mi)
  • Moulsecoomb (1.9 mi)
  • London Road (Brighton) (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7700. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds, National Licensed Property Agents. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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