Overview
- Updated On:
- October 10, 2024
Description
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’
