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Lower Horsebridge, Hailsham, East Sussex, BN27 - Image 1
Lower Horsebridge, Hailsham, East Sussex, BN27 - Image 2
Lower Horsebridge, Hailsham, East Sussex, BN27 - Image 3
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Lower Horsebridge, Hailsham, East Sussex, BN27

South East

£1,400,000
Listed on 24/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial detached public house presents a unique opportunity for renovation and investment, spanning approximately 7,761 square feet. Notably, this property is not grade listed, which affords greater flexibility for potential redevelopment or reconfiguration. The accompanying large car park, accommodating up to 50 vehicles, offers substantial space that could be considered for residential or additional commercial ventures, subject to necessary planning permissions. The existing structure features a variety of well-defined spaces that cater to different clientele. There is a 200-cover function room ideal for events such as weddings and corporate gatherings, alongside a 70-cover restaurant and a 60-cover bar area. A fully equipped commercial kitchen supports the operational needs of all dining areas, making it possible to enhance the already successful food and beverage offerings. In addition to its business facilities, the property includes eight letting rooms with en-suites, providing potential for supplemental income through short-term rental opportunities. There is also a sizable two-bedroom owner's flat situated on the first floor, offering comfortable living quarters separate from business operations. Recent renovations have improved the overall condition of the building, including a new roof and other essential updates. With existing turnover figures between £16,000 to £20,000 per week—translating into an annual revenue potential of around £800,000 to £1 million—the venue demonstrates strong financial viability. The location enhances its appeal further; positioned on the outskirts of Hailsham near Horsebridge and conveniently interfacing with major road networks leading to London and Eastbourne. The proximity to Polegate’s mainline train station adds to its attractiveness for both visitors and residents alike. With various dining options already in place and extensive outdoor seating available in the rear beer garden with southern exposure, the property is ready for immediate operation while simultaneously presenting significant growth potential through strategic improvements or redeveloping portions of the site into residential units or new homes in accordance with local planning guidelines. Overall, this property stands as an optimal candidate for investors looking to capitalize on its current success while exploring innovative development possibilities.

Investment Analysis

(BN27 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£365
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£140,000 - £350,000
10-25% of property value
Monthly Sales
31
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BN27)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -4.2%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on BN27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lower Horsebridge, Hailsham, East Sussex, BN27
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