Broad Street and Middle Street, Brighton

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • 1 x 12 Guest House and 1 x 11 Guest House • Digital keycode entry • Superfast WiFi • Kitchenette facilities • Luxury Sleep • Bespoke interior design • Private bathrooms • Automated operations • Advanced security & sprinkler system

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 2 Port Hall Road, BN1 5PD

Full Description: One Broad Street:This property is a 12 key all en-suite hotel arranged over 6 floors with thefront bay rooms featuring side sea views. It is located a stone's throw fromthe Brighton Pier, city centre and beach.The 12 studio units have been uniquely designed by an award winning creativeteam. Bedrooms feature biophillic design elements, industrial styling and reclaimedfurniture. All units incorporate LED mood lighting, open storage, high quality beds,smart TV’s and kitchenette facilities with fridge, microwave and Nespresso coffeeThere is a range of bedroom types across the building including: 6 double studiounits, 4 King studio units with zip & link beds allowing for conversion between kingand twin setup and 2 studio suites both of which can can sleep up to 4 people,providing competitively priced options for families & groups.machine as standard.Blok-74:The property is an 11 key all en-suite hotel arranged over 5 floors. It islocated in the centre of Brighton and is a stone's throw from BrightonBeach. This Grade 2 listed building underwent extensive refurbishmentto achieve a high quality finish. The property provides 11 self-containedstudio units, including a 6 guest studio apartment at basement level.Introduction - These unique sites were developed by the current ownerswith a vision of modernising traditional guest houses/hotelsto meet the changing needs of guests and provide a robustlong-term investment. Taking operational influence from theserviced apartment/Airbnb market, they have created ahighly systemised, self check-in, Aparthotel-style businessmodel which has proven to be one of the fastest growingsectors in the short-stay market.Self service accommodation has boomed throughout the UK in the last fewyears with many guests now valuing independence and convenience overtraditional bed and breakfast offerings. The onset of the pandemic acted as acatalyst in changing the way people travel, with travellers increasinglyprioritising more private, self-contained spaces. One Broad Street which startedoperating in 2018 was ahead of the curve and naturally met this demand,successfully navigated Covid and remaining profitable throughout thepandemic. Blok-74 opened it’s doors in 2021 and instantly benefited from thestaycation boom.The trend for self-check in accommodation has remained and many existingsmall guest houses across the UK have now followed suit by repurposing to aroom only model. However unlike One Broad Street & Blok-74 many of theseproperties do not have the infrastructure and technology to safely andefficiently manage an unmanned hotel operation.Both these sites were renovated specifically with this model in mind and meetthe stringent building regulations and fire safety standards required by thecouncil for such operations. The properties both have sprinkler systems,monitored fire alarms, CCTV and digital door lock systems which would all beextremely costly and challenging to retrofit to any building.From an operational perspective, the added levels of self-containment in theboutique-style studio rooms and the automated remote managementprocesses, have removed many of the inefficiencies present in traditional hotels,such as onsite reception, restaurants and staff/owner accommodation. This notonly results in increased revenue, but also reduces overall running costsThe streamlined operations are centralised and managed by a small offsiteteam, providing scales of economy across the two sites. Housekeeping isoutsourced to a third party contractor and a trusted pool of tradesmen carryout maintenance. There is 24 hour security/key holder via and independentcontractor who can be at site within just a few minutes if needed. A modernsuite of operational software integrates seamlessly to provide high levels ofautomation. This includes a PMS with built in channel manager and guestcommunication platform, digital locks software and dynamic revenuemanagement which can all be managed remotely.This highly systemised structure has been created by the current owners,allowing them to maintain a lean business that does not require their day today involvement and ensures an attractive proposition for any prospectivebuyers looking for a highly automated guest model.One Broad Street Property Overview - This property is a 12 key all en-suite hotel arranged over 6 floors with thefront bay rooms featuring side sea views. It is located a stone's throw fromthe Brighton Pier, city centre and beach.The 12 studio units have been uniquely designed by an award winning creativeteam. Bedrooms feature biophillic design elements, industrial styling and reclaimedfurniture. All units incorporate LED mood lighting, open storage, high quality beds,smart TV’s and kitchenette facilities with fridge, microwave and Nespresso coffeemachine as standard.The building has fire safety, security and functionality at the forefront withintegrated sprinkler system, monitored fire alarm, CCTV and digital smart locks.Unique door codes are generated for each booking and sent to guestsautomatically, providing both security & convenience. High-speed radio wave Wifiwith multiple access points ensures complete coverage, allowing high qualitystreaming in every room across multiple devices.There is a range of bedroom types across the building including: 6 double studiounits, 4 King studio units with zip & link beds allowing for conversion between kingand twin setup and 2 studio suites both of which can can sleep up to 4 people,providing competitively priced options for families & groups.Blok-74 Property Overview - The property is an 11 key all en-suite hotel arranged over 5 floors. It islocated in the centre of Brighton and is a stone's throw from BrightonBeach. This Grade 2 listed building underwent extensive refurbishmentto achieve a high quality finish. The property provides 11 self-containedstudio units, including a 6 guest studio apartment at basement level.Following the same model as One Broad Street, the owners have incorporatedcreative bespoke design and the guest units feature mood lighting, openstorage high quality beds, smart TV’s and kitchenette facilities with fridge,microwave and Nespresso coffee machine.The building has an integrated sprinkler system, monitored fire alarm, CCTV andthe same digital smart lock system and high speed radio wave internet asdescribed in One Broad Street.There is a range of bedroom types across the building including: 5 double units,5 King units with zip & link beds allowing for conversion between king and twinsetup and 1 apartment suite across the whole of the basement which can cansleep up to 6 people.