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Sale of Fish Around
GPS recently sold Fish Around in Hailsham and would like to wish the very best of luck to the new owners. The business sells live fish and pet products from the High Street retail unit as well as online and the sale will now allow our clients to enjoy what we hope will be a very happy retirement. June 2022...Read MoreSale of the Hadleigh Hotel
GPS have now completed the sale of the Hadleigh Hotel, a 62-bedroom business close to the seafront in Eastbourne. It sold off an asking price of £2.1 million and the new owner has already gained planning permission to convert part of the premises to residential flats while maintaining the majority of the guest bedrooms. May 2022...Read MoreSale of the Loriston Guest House
GPS are happy to announce the sale the Loriston guesthouse on St Aubyn’s Road, Eastbourne. It sold from an asking price of £499,000, and we would like to wish the new owners every success and happiness there. May 2022...Read MoreSale La Mediterranea in Seaford
GPS recently completed the sale La Mediterranea Italian restaurant, located on High Street, Seaford. The new owners are already up and running and are receiving excellent reviews on TripAdvisor. May 2022...Read MoreSale of Martha's Kitchen in Brighton
We have completed the sale of these leasehold catering premises in a prime location in Brighton city centre. Located in the sort after Lanes area, the premises attracted high levels of interest from established businesses willing to pay a premium for the commercial lease and equipment. We wish the new operator every success with the planned restaurant. April 2022...Read MoreSale of HMO & Investment Property in Eastbourne
GPS recently completed the sale of an investment property in Cavendish Place, Eastbourne. It consisted of a three-bedroom HMO, a two-bedroom flat and two one-bedroom flats. The buyer is planning to renovate the flats to improve the standard of accommodation. It sold with an asking price of £475,000 and went under offer within days of going to market. March 2022...Read MoreLease Agreement on HMO in Eastbourne
We recently secured an agreement for one of our clients to rent a seven-bedroom HMO in Eastbourne. The agreement guaranteed a rental income of £42,000 with no void periods and no running costs. The tenant is an experienced operator with a solid track record and is actively looking for other similar properties in the area. February 2022 ...Read MoreCompletions, Completions, Completions
It's been busy with a run of completions over recent weeks: Sale of Mixed Use Investment Property in Seaford A mixed use (shop and flat) investment property in Lexden Road, Seaford, which until recently was trading as a hair salon. We would like to wish our client a happy retirement and the buyer every success with their plans for the property. It sold off an asking price ...Read MoreSale of Development Opportunity in Eastbourne
This was an opportunity to acquire a 3 storey freehold property with development potential, located in Susan’s Road in the town centre. The site is currently used as a place of worship (F1 Planning Use - Non-Residential Institution). Sold off market, offers were invited in excess of £275,000 and a buyer secured very quickly. Opportunities of this type are in high demand a...Read MoreSale of Gemini Greetings in Heathfield
We are delighted to advise the sale of Gemini Greetings, a well-established card and gift shop in Heathfield. The business had been in the same hands since 1995, with a loyal customer base and scope to increase turnover with the introduction of additional opening hours. Selling a range of gifts, greetings cards, wrapping paper, gift bags, balloons (including helium filled), etc, it is ...Read More