The Sherwood Guest House, 7 Lascelles Terrace, Eastbourne, BN21 4BJ

Guide price

£1,150,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Hotel

Key features

  • 19-letting rooms (18 ensuite)
  • 2-minute walk from Eastbourne seafront
  • Newly refurbished lower ground floor suites
  • Kitchen facilities and guest lounge
  • On-street parking available
  • Walking distance to theatres, tennis centre, pier, and town centre
  • Christie & Co Ref: 3848069

Description

Description

Sherwood Guest House presents an exceptional opportunity to acquire a well-established and beautifully presented hospitality business in one of Eastbourne's most sought-after locations. Comprising 19 comfortable and well-appointed guest bedrooms, the property is situated just a two-minute walk from Eastbourne's renowned seafront, placing guests within easy reach of the beach, pier, theatres, restaurants and town centre amenities.

This elegant Victorian property offers spacious accommodation throughout, combining period character with modern guest comforts. Recent investment has seen the creation and refurbishment of a number of stylish suites on the lower ground floor level, providing high-quality accommodation that appeals to a broad range of visitors, from leisure travellers and families to couples seeking a coastal escape.

Benefiting from its prominent location, attractive presentation and strong year-round visitor appeal, Sherwood Guest House is ideally positioned to capitalise on Eastbourne's thriving tourism market. The property offers purchasers a turnkey business opportunity with scope to further develop and enhance revenues, whilst continuing to build upon its established reputation and loyal customer base.

Location

Eastbourne is one of the South Coast's most popular seaside destinations, renowned for its elegant Victorian architecture, award-winning beaches and stunning natural scenery. Situated at the foot of the iconic South Downs National Park, the town offers a unique combination of coastal charm and countryside beauty, making it a favourite destination for both leisure and business travellers.

The town boasts a picturesque seafront stretching for miles, centred around Eastbourne Pier and the historic Bandstand, while the nearby South Downs provide excellent walking, cycling and outdoor recreation opportunities. The spectacular Seven Sisters Country Park and Beachy Head, both within easy reach, are among the area's most famous landmarks and attract visitors throughout the year.

Eastbourne's vibrant town centre offers an excellent selection of shops, restaurants, cafés and entertainment venues, alongside cultural attractions including the Towner Eastbourne art gallery and the Congress Theatre. The town is also well connected, with regular rail services to London, Brighton and Gatwick Airport, making it an accessible destination for visitors from across the UK and beyond.

Combining a thriving tourism economy, beautiful coastal setting and year-round visitor appeal, Eastbourne remains one of the South East's most established and desirable seaside resorts.

Internal Details

The hotel is arranged over basement, lower ground, ground and three upper floors, providing spacious and versatile accommodation throughout. Guests are welcomed via an attractive entrance lobby leading to a comfortable lounge area and reception space, creating an inviting first impression. The property offers 19 guest bedrooms in total, a combination of double, family, single and suite-style accommodation. The recently refurbished lower ground floor suites provide particularly spacious and well-appointed guest accommodation, adding a premium offering to the business, and we placed for longer-term stays. The guest bedrooms are arranged across all levels of the property, allowing for a variety of room types to suit couples, families and larger groups.

The ground floor also incorporates the principal dining room, which serves as a bright and welcoming breakfast area, together with a commercial kitchen, stores and ancillary facilities.

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale and our clients will provide a trade inventory.

Letting Accommodation

The hotel provides a variety of comfortable room types, suitable for both short-stay leisure guests and business travellers.

The layout comprises:

- Basement Level: 1 guest bedroom and a self-contained one-bedroom staff flat.

- Lower Ground Floor: 2 guest bedrooms and kitchen facilities.

- Ground Floor: 2 guest bedrooms and a spacious guest lounge.

- First Floor: 4 guest bedrooms (including 1 non-en suite room).

- Second Floor: 4 guest bedrooms.

- Third Floor: 4 guest bedrooms.

The extensive accommodation and predominantly en suite configuration make Sherwood Guest House an established and attractive hospitality business with the capacity to accommodate a significant number of guests while retaining a welcoming and personal atmosphere.

Owner's Accommodation

In addition to the guest accommodation, the property includes valuable owner/operator facilities, comprising a self-contained staff or manager's flat located at basement level. This provides a living room, bedroom, study and shower facilities, offering comfortable private accommodation separate from the trading areas.

The Opportunity

There are a variety of future operational opportunities, allowing an incoming purchaser to tailor the business model to suit their objectives. The property could continue to be operated as a traditional guest house, being well positioned to continue benefiting from Eastbourne's strong tourism market, serving holidaymakers, business visitors and event-driven demand.

The recently refurbished suite accommodation also provides the flexibility to target longer-stay guests, including contractors, corporate clients, seasonal workers and visitors seeking self-contained accommodation for extended periods. This diversification may help enhance occupancy levels and broaden income streams throughout the year.

In addition, the size and layout of the property may lend itself to local authority engagement, subject to the necessary agreements, consents and regulatory requirements. Opportunities may exist to provide temporary or emergency accommodation, benefiting from the property's range of room types and extensive facilities.

Overall, Sherwood Guest House presents not only an established trading business but also a versatile property offering multiple avenues for future growth, diversification and value enhancement.

Development Potential

The substantial accommodation, generous room sizes and existing layout, together with the recently refurbished lower ground floor suites, may provide scope for conversion into residential apartments, subject to obtaining the necessary planning permissions and statutory consents.

The building's configuration across multiple floors, combined with a range of existing bedroom suites and ancillary accommodation, could lend itself to the creation of a number of self-contained apartments designed to appeal to owner-occupiers, retirees, first-time buyers or the growing private rental market. Eastbourne's enduring popularity as a coastal town, coupled with ongoing demand for quality residential accommodation, further enhances the potential attractiveness of such a scheme.

Tenure

The property is held freehold.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: C

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Environmental data
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Environmental description
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Brochure

The Sherwood Guest House, 7 Lascelles Terrace, Eastbourne, BN21 4BJ

NEAREST STATIONS

National Rail

Eastbourne Station

0.45 miles

National Rail

Hampden Park Station

2.07 miles

National Rail

Pevensey & Westham Station

4 miles

About Christie & Co, Hotels

Christie & Co, Hotels

We are leading specialists in the hotel sector across the UK & Europe, providing expert brokerage, valuation and consultancy services.

With the largest hospitality team in the UK, we consistently sell more hotel businesses than any other agent. Our local knowledge, combined with our national coverage, ensures maximum exposure for your business.

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Disclaimer - Property reference 3848069-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.