The River Haven Hotel in Rye, East Sussex, is listed for sale with estate agents Sidney Phillips.
The property is positioned on a 0.44-acre plot, with 22 en suite hotel rooms and a 60-cover restaurant offering views of the river.
The hotel was built, owned, and operated by its current owners since 1999.
They are now looking to sell the freehold interest in order to retire, according to the estate agents.
The hotel is a substantial detached property of brick construction under a pitched tiled roof. It includes a lobby, entrance hall, and reception area with a desk.
The hotel has an open plan bar and restaurant area, presented with stripped wood flooring, part-panelled walls, industrial lighting, and a wood-built bar servery.
The restaurant offers riverside views and can seat between 55 to 60 residents.
The hotel’s kitchen is fully fitted with a range of commercial facilities including an extractor, two six-burner range cookers, and undercounter fridges.
The hotel’s 22 en suite rooms are spread across three floors.
The River Haven Hotel also has a manager’s bedsit, currently used for the night porter, comprising a double bedroom with a kitchenette and shower.
Externally, the hotel has a tarmacked car park at the front, with space for 20-25 vehicles.
An attractive riverside terrace at the side of the property provides external seating for 20-30 guests, while a quayside strip of land at the rear is used for additional seating for 30.
The hotel’s trade profit and loss accounts for the year ending November 30, 2019, show a gross turnover of £449,448, generating a strong gross profit and operating profits in the region of £43,000 per annum.
The business also benefits from a mooring which generates a turnover of £4,000 per annum.
Sidney Phillips said: “We are of the opinion that the River Haven Hotel would suit a hands-on owner operator or managed business model alike.
“A new operator could dramatically increase turnover with an increase in occupational rates as well as by greater utilising the restaurant space in order to draw lunch and evening trade from the town centre.”
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