Glyn Jones and Company are delighted to offer for sale this unique opportunity to purchase this immaculately presented luxury 4* AA awarded guest house situated in this substantial 19th century Victorian terraced building on Littlehampton sea front.
The guest house offers nine en-suite rooms all benefitting from WiFi, TV's, complimentary trays and luxury toiletries. There is a well equipped residents dining room with a balcony boasting direct sea views. The property also offers recently extended spacious 2 bedroom owners' accommodation with an en-suite and private garden. The property benefits from gas fired central heating and double glazing throughout.
The guest house is a long established business and is presented to a very high standard throughout following extensive refurbishment, with over £200k invested in upgrades since 2008 by current owners who are now looking to return to Australia.
Historically the vendors have enjoyed a very healthy turnover from only opening 7 - 8 months a year, however for the 2019/20 financial year, we understand forecasted income will be substantially higher based on a planned longer annual opening period. The vendor informs us the first seven trading months (1/3/19 - 30/9/19) turnover is in the region of £140,000.
Previously the guest house had a licensed bar and opened longer, so there is plenty of scope to expand the business if desired. Run by the vendors along with 2 cleaners.
A notable feature is the property is being sold with the guest house fixtures and fittings included, an active website and fantastic trip-advisor reviews.
Viewing is advised.
South Terrace is situated on Littlehampton beach front and is conveniently located for visiting the beautiful historic castle town of Arundel and the South Downs countryside, with its many interesting walks and attractions. The guest house a short distance from classic car and horse racing events at world renowned Goodwood. Equally the property is just a short drive or train ride to Worthing and Chichester, with plenty of shops, restaurants, pubs, cinemas and theatres.
The guest house is just a few minutes' walk from the Arun river harbour with a variety of eateries from traditional English fish and chips to Thai cuisine. The popular harbour amusement park, look &sea centre and oyster boating pond are also nearby. Take a walk along the river or sea front promenade, sit on Britain's longest bench boasting 2 prestigious architecture awards from the Civic Trust or maybe take the 5 minute ferry ride to the nationally protected West Beach. Littlehampton train station and town centre is a 10 minute walk away.
Immaculately Presented Luxury 4* AA Award Guest House
Nine En-suite Rooms
Large Residents Dining Room with Balcony
Fully Equipped Kitchen
Recently Extended Spacious Two Bedroom Owners' Accommodation with En-suite
Long Established & Fully Refurbished Since 2008 By Current Owners