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Lower Horsebridge, Hailsham BN27 - Image 1
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Lower Horsebridge, Hailsham BN27

South East

£1,400,000
Listed on 20/07/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This detached public house presents a compelling opportunity for investors looking to capitalize on a well-established business with significant renovation and redevelopment potential. Having been family-owned for over 12 years, this property boasts a substantial footprint that could be further optimized for various commercial uses or transformed into a residential development, subject to planning approvals. Situated on the outskirts of Hailsham in the Horsebridge area, the property benefits from excellent accessibility to major transport routes leading to London and Eastbourne, as well as proximity to Polegate's mainline train station. This strategic location not only enhances its appeal as a thriving dining establishment but also positions it favorably for future investment opportunities. The public house features multiple dining areas designed to cater to diverse clientele, including a large function room suitable for events such as weddings and corporate gatherings, alongside a family-friendly dining space. The extensive bar area is complemented by a fully equipped commercial kitchen capable of accommodating high volumes of service. Additionally, there are well-maintained restroom facilities on the ground floor, including accommodations for disabled access. The property includes eight letting rooms, each with en-suite facilities, providing consistent income potential. Furthermore, there is an owners' or staff apartment located on the first floor featuring two bedrooms, a living area, kitchen, and bathroom—ideal for personal use or additional rental opportunities. Outside, the beer garden benefits from a sunny aspect and provides an inviting outdoor space for patrons. An expansive tarmac car park accommodates up to 50 vehicles and may represent another avenue for investment or redevelopment possibilities. This property’s versatile layout and prime location make it an attractive proposition for those seeking to enhance an existing successful business or embark on a new venture in an expanding market. Interested parties are encouraged to explore the myriad options available with this unique offering.

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 BN27
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