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Freehold

Offers over

£1,000,000

Leisure/hospitality for sale

Claremont Road, Seaford BN25

Offers over

£1,000,000

Leisure/hospitality for sale
Claremont Road, Seaford BN25

    Freehold

    About this property

    • Profitable Business

    • 0.25-acre plot

    • Over 550 sq/m

    • Development options

    • Potential for eight properties

    • Gdv £2.5m+

    • Residential development

    • Outstanding opportunity

    • Car parking

    • Sea views

    The White Lion

    Hotel, Pub & Restaurant with Substantial Development Options

    Seaford, Lewes, East Sussex

    Offer Over £1m

    Opportunity

    The White Lion is a very well positioned hotel, pub and restaurant in Seaford on the South coast

    Whilst the pub and restaurant, with the large beer garden are very successful, there is a fantastic opportunity to develop the property and plot further to introduce holiday flats which will generate very healthy profits

    There are multiple development options, delivering a very healthy gdv of over £2.5m, please see the Development section below

    Location

    The White Lion, Claremount Road, Seaford sits in an elevated position, granting delightful sea views across The Salts Recreational Park

    Claremount Road, is the A259, the main road from Newhaven to Eastbourne

    Seaford and the coastal area around Lewes is very popular with tourists and residents, the South Downs meet the sea with dramatic cliffs nearby

    Siting close to both Brighton and Eastbourne, Seaford is a popular destination for tourists and second homeowners

    One of the most sought-after towns in the area, properties regularly achieve £4,000 per square metre

    Development

    The business and property have multiple development options, whichever is favoured, the easiest win is to build a separate house on the drive at the top of the plot there the existing three garages are

    A modest house @ 100 square metre property built where the garages are, with a drive and garden will achieve over £400,000

    Depending on whether the buyer wishes to operate or close the pub, will depend on how many flats can be created –

    • Large pub with four flats

    • Regular pub with five flats

    • Seven flats

    Please see the attached floorplans for potential configuration

    Any development will be subject to a successful planning application and change of use being granted if required

    Internal Details

    The pub has three public areas, bar, restaurant and sports room

    Full commercial kitchen

    Breakfast Room for the hotel guests

    Six letting bedrooms and a two-bedroom suite

    Please see the floorplans for further information

    External Details

    Substantial beer garden and car parking

    Sitting on 0.25-acre plot, there is a carpark, beer garden and sea views

    Please see the aerial photographs

    Financial

    Weekly sales circa £15,000

    Full accounts available upon request

    Tenure

    Nationwide Business Sales are delighted to offer this wonderful opportunity to the market at ‘Offers Over £1m’

    More information

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