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Hamptons Hotel, 3 New Steine, Brighton, East Sussex, United Kingdom, BN2 1PB

Offers in Region of
£1,550,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 18 characterful bedrooms
  • Superbly located on the seafront
  • 6 storey Georgian townhouse
  • Close to Pier and visitor attractions
  • Exceptional opportunity
  • Strong net turnover. Energy Rating B
  • Christie & Co Ref: 8846278

Description

Description

Located in the sought after Kemp Town district of Brighton, Hamptons comprises of a substantial five storey, Georgian period townhouse, including basement, with rendered elevations.

The property has been much improved and well cared for in recent years and is furnished and equipped to a high standard.

Location

Hamptons is located in a great trading position adjacent to the Marine Parade (A259), and only a stone’s throw from the seafront and Brighton Pier.

Brighton is one of the country’s most popular leisure and tourist destinations, a major conference venue and centre of education and the arts.

This vibrant and cosmopolitan city by the sea is approximately 56 miles south of London, with excellent road communications via the A23/M23 to Gatwick Airport (approximately 30 miles) and the M25 beyond.

Internal Details

Ground Floor:

* Entrance and hallway with stairs to basement and upper floors.
* Two bedrooms comprising of ensuite sea view family room and ensuite twin room.
* Kitchen and storage area.

Basement:

* Three bedrooms comprising of ensuite triple room, ensuite family room and single room with separate bathroom.

First Floor:

* Three bedrooms comprising of ensuite double room, ensuite sea view double room and single room with shared bathroom.

Second Floor Lower Landing:

* Shared bathroom.

Second Floor:

* Three bedrooms comprising of ensuite double room, ensuite sea view double room and single room with shared bathroom.

Third Floor:

* Four bedrooms comprising of ensuite single room, ensuite sea view double room, ensuite twin room and ensuite single room.

Fourth Floor:

* Three bedrooms comprising of two double rooms with shared bathroom and ensuite double room.
* Shared bathroom.

Fixtures & Fittings

Comprehensively fitted and equipped. The trade inventory is wholly owned and included in the sale.

Services

We are informed that all main services are connected, which includes gas fired central heating via radiators.

External Details

There is a small, enclosed courtyard accessed off the basement bathroom.

The Opportunity

The property was acquired by our clients in 2008 and they have operated themselves since then. During their ownership they have invested heavily both in the internal infrastructure and full refurbishment of all rooms, bathroom and hallways.

The accommodation is in excellent condition, presented to a neutral white pallet providing clean, sharp and fresh interiors.

The hotel is operated all year round and is exceptionally well positioned for tourist/leisure trade, along with regular weekend leisure and those visiting Brighton throughout the year attending conferences, music events, price and other events that are held throughout the calendar year.

The business offers accommodation on a room only basis, with customers able to utilise the numerous surrounding cafes and coffee shops for breakfast and the array of leisure, shopping and cultural amenities all being within easy walking distance of the hotel.

The current room tariff starts at £30.00j per person per night, with all rooms having free-view flat screen tv's and hospitality trays, with free Wi-Fi. Some rooms have fantastic sea views and all, with the exception of five rooms, which share bathroom/WC.

The hotel accommodates groups of up to 26 guests and hen parties and, whilst it pitches itself for the economy market, the owners were granted planning permission in July 2023 (BH2023/01894) for the "erection of two-storey rear extension. Internal alterations to room layouts, creations of office and storage space under pavement vaults, revised rear fenestration with new side windows and addition of lightwell" to consider creating fewer but larger rooms and convert to a boutique style hotel for hte mid/luxury market.

Staff

The hotel is a family-owned business, they also own a second hotel in the city and staff currently work across both hotels.

Trading Information

Our clients have provided their trading profit and loss accounts for the financial year ended 31 October 2023, that show sales were £261,037 excluding VAT, with the business demonstrating a high EBITDA.

More detailed accounting information is available upon signing an NDA.

Tenure

Freehold.

Regulatory

Energy Rating: B

Energy Performance Certificates

EPC 1

Brochures

Hamptons Hotel, 3 New Steine, Brighton, East Sussex, United Kingdom, BN2 1PB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brighton Station0.7 miles
  • London Road (Brighton) Station1.2 miles
  • Moulsecoomb Station1.9 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 8846278-fh. 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 Christie & Co, Hotels. 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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