Unique opportunity to buy 400-year hotel in Battle
A RARE opportunity has arisen to buy a 400-year old hotel in the historic town of Battle courtesy of Adams and Co, the business transfer agents in Hailsham. Unusually for a guesthouse/hotel, it is available leasehold for £99,000 with a rent of £40,000 a year.
The hotel has been established for many years and currently has a 3 star bed and breakfast rating, ideal to improve with further refurbishment.
Located in the High Street near to the Abbey it has 24 en suite bedrooms and a breakfast room.
The price also includes an owners’ flat with two bedrooms, two bathrooms, lounge, study and kitchen, with views over countryside to the rear.
The turnover is approximately £3,500 per week.
For those seeking a freehold opportunities there are a number of guest houses and B&Bs and on the market in Eastbourne and the surrounding areas, ranging from one with nine letting rooms and one bed owners accommodation for £329,950 located near the seafront and town centre, which has scope for improvement, to a Grade II listed period charm and character guest house in a good position close to pier, seafront and theatres.
This large terraced property has eight en suite letting bedrooms, a lovely guest lounge, large guest dining room, modern fitted kitchen, utility, office/study, spare bedroom, small rear courtyard and top floor separate owners accommodation of three bedrooms, shower room with WC, shower and w/basin, plus separate WC. Very attractively presented throughout, with flatscreen TVs in all rooms, the property is being offered for sale at offers in the region of £535,000.
For those looking at a more modest investment, Adams & Co have a wide range of all types of different businesses, both leasehold and freehold, starting from as little as £15,000.
Further details are available from their website at: www.adamsandco.com or telephone 01323 847489.
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Weather for Eastbourne
Saturday 25 May 2013
Temperature: 6 C to 14 C
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Temperature: 7 C to 16 C
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Wind direction: West