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Superb Profitable Established 8 Bedroom Detached Guest House For Sale

Rustington, West Sussex
Asking Price:
£760,000 Furniture / Fixtures included
Sales Revenue:
£81,000
Cash Flow:
£28,000

Stylish detached Guest House, refurbished by current owners. Awarded Service of Excellence by TripAdvisor and a 9.3 rating on Booking.com. Close to sought-after village centre and near beach. Offers 8 letting rooms all en-suite on 2 floors, plus ground floor extension providing a very nice owners home with private lounge, kitchen, double bedroom (plus option for second bedroom), bathroom, conservatory, patio, garden and garage. Possibility to extend above, subject to planning permission. A substantial property with 9 parking spaces in a desirable location and with no real competition.

Contact the seller through the form on this page for more information.

Property information

Property:

Freehold

Living Accommodation:

Current owners accommodation consists of private lounge, kitchen, double bedroom (option for second bedroom), bathroom, conservatory, private garden and garage.

Location:

Located just off the delightful bustling village centre of Rustington with a varied selection of cafes, restaurants, banks and independent shops. Also the Kenmore is just a short walk from the calm of the beach (8-10 mins). Worthing is 8 miles and 16 miles to Brighton. Goodwood brings much business to our door being an easily drivable distance for the Revival and Festival Of Speed.

Premises Details:

Detached house with plenty of off road parking 8/9 vehicles. Plus owners garage.

Size in square feet:
3183 sq ft
Planning Consent:

Planning granted for kitchen extension. Now lapsed.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Run under the VAT threshold by owners choice. Ample potential to increase T/O or extend trading year.

Competition / Market:

No other guest houses in immediate area.

Reasons for selling:

We are now ready for full retirement and would like to hand over the reins to another couple to enjoy as we have.

Trading hours:

During high season 7 days per week. Daily 7 - 11 am. Check in 4-7 pm. Normally closed December - end of February.
This is a business that you can choose when you want to work, how much you want to earn. We run it at the moment, by choice under the VAT limit as semi retirement for us. However you could easily earn far more by altering the minimum length of stay and closure dates.

Employees:
Husband and Wife run with 1 cleaner part time.
Years established:
43 years

Other Information

Support & training:

We are happy to offer initial support in all aspects of the day to day running of the business.

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£1,000
Website:
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Related Documents:
Home based:
This business can be run from home.

Contact Information

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