- Latest News
Sale of Bay Lodge Guest House in Eastbourne
We have recently completed the sale of Bay Lodge Guest House. This well-presented guest house is perfectly located on Eastbourne’s historic seafront, allowing guests to enjoy sea and coastal views. The bright and spacious accommodation is laid over four floors with 6 en suite guest bedrooms and a private 1 / 2-bedroom owners’ apartment. It sold from an asking price of £5...Read More
HMO in Ceylon Place Sold
GPS are pleased to announce the sale of an 11 bedroom HMO in Ceylon Place, Eastbourne. It was sold from an asking price of £599,950 and the buyers are now planning a major refurbishment project. We are experiencing high levels of interest in HMOs and would welcome any opportunity to advise owners on the potential value of their property. August 2022...Read More
Sale of Cambridge House
GPS are very pleased to announce the sale of Cambridge House guesthouse after we successfully applied for change of use to residential on behalf of the purchasers. We would like to wish our clients the very best of luck with their next venture. July 2022...Read More
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 More
Sale 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 More
Sale 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 More
Sale 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 More
Sale 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 More
Sale 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 More
Lease 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 More