Pub with rooms brought to market for £1.15m
The White Lion Hotel, situated between the port of Newhaven and the Seven Sisters Cliffs in East Sussex, has been brought to the market for £1,150,000.
The family friendly pub and hotel comprises a traditional bar area for up to 30 covers, a separate 20 cover sports bar with a pool table and darts board, a conservatory restaurant and a function room which cater for 74 covers altogether, along with a large commercial kitchen and a small cellar. The property, which sits 400 yards from the Seaford seafront and offers coastal views, also boasts seven well presented en suite letting bedrooms located on the first floor, which benefit from separate access.
The White Lion features an external seating area for 40 covers to the rear, a designated smoking shelter to the side and a further seating area to the front for 20 covers. The pub’s car park provides space for 10 vehicles, along with unrestricted off road parking and four garages.
The current owners, John and Eileen Treacy, have owned the business for 14 years and have now decided to sell in order to retire.
James Hughes, senior business agent at Christie and Co’s Maidstone’s office, who is handling the sale, said: “This is a retirement sale of a lovely coastal hotel and pub that has been built up during the current owners’ 14 year tenure. It would suit a number of buyers looking to take on a thriving business situated in a prime location, with potential for expansion by increasing food sales. The EBITDA is high, showing the business to be very profitable and sustainable.”
Christie and Co is seeking a guide price of £1,150,000 for the freehold interest of The White Lion Hotel.
