Bed & Breakfast Guest House For Sale Folkstone | | Folkestone Kent | | Immaculately presented three storey premise Good consistent levels of turnover and profitability Prime trading location on coastal town outskirts Eight lovely standard and en-suite guest rooms Continued repeat and referral guest base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65939
ADVERT IMPRESSIONS : 20,174 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | ASKING PRICE: | £360000 | FREEHOLD: | £360000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Key Features:
Immaculately presented three storey premise
Good consistent levels of turnover and profitability
Prime trading location on coastal town outskirts
Eight lovely standard and en-suite guest rooms
Continued repeat and referral guest base
One bed private owners accommodation
Huge development potential
Huge scope for increase and development
Established for 40 years
Run at present by husband and wife partnership
Reduced price for quick retirement sale
The Business:
Local Commercial Ltd is honoured to present for sale this beautiful guest house. Reduced for a quick genuine retirement sale after 17 successful years of trading in the hands of the current proprietors, and established for an impressive 40 years, the business primarily offers bed and breakfast accommodation in its eight attractive and well maintained bedrooms. Situated in the town of Folkestone, Kent, the business enjoys the commercial advantages of its prominent trading position, with repeat and referral trade. The business has a combination of both standard and en-suite rooms, maintained to a fantastic standard throughout and tastefully decorated to a fantastic finish. The Granada Guest House provides a charming breakfast room alongside the guest bedrooms, providing access to a fully equipped working kitchen where meals are prepared.
The business has huge scope for potential, and would be of interest to any enthusiastic purchaser wishing to obtain a well established and profitable business. This provides opportunity for a lifestyle change and would ideally suit a husband and wife partnership. Alternatively it would be of interest to a local or regional purchaser wishing to expand on their share of the hotel industry by means of a well located, well established profitable business.
The bed and breakfast guest house has considerable scope for continued growth. Profits can be improved upon by the possibility of additional letting purposes in regards to the one bedroom private accommodation. There would also be the possibility of the introduction of half board accommodation. The business would no doubt benefit from the introduction of a marketing policy in order to show the full existing facilities and services on offer, and the introduction of a website where by reservations can be made would improve on the respectable levels of turnover and profitability.
Situation:
The Granada Guest House enjoys all the commercial advantages of its much sought after trading location. It is situated in the prominent densely populated residential outskirts of the historical seaside market town of Folkestone, on the popular Kent coast. It is close by to the Channel Tunnel Terminal, as well as being in close proximity to the ferry port of Dover. Links to major roads and motorways make the guest house extremely accessible.
Financial Information:
The current turnover is in the region of £50,000 per annum, with high profits, and huge scope to increase.
Tenure:
Freehold.
Business Rates:
Business Rates are at approximately £1,800 per annum
Trading Hours:
The business operates flexible hours to cater for demand dependant on the time of year.
Property Description:
This charming guest house is fitted to a fantastic standard throughout, and is well maintained and decorated to a tasteful finish. The three storey freehold semi detached premises provide fantastic business accommodation that successfully assists the nature of the business.
To the ground floor there is an inviting yet spacious entrance area, which leads into a welcoming guest reception hallway which has access to the stairs leading to the additional floors. The reception area leads through to the communal areas such as the resident breakfast room, as well as the kitchen area and utility/laundry room. We are advised that the dining area in which breakfast is served comfortably accommodates for 12 covers, and is light and airy throughout. The kitchen is fully fitted to trade specifications, and houses ample work surfaces, storage units, modern appliances and a sink unit, associated with a fully functional kitchen. The utility and laundry room again is fully equipped, and there is further ancillary accommodation consisting of a WC/washroom facility and cloakroom.
The ground floor of the property also provides bed and breakfast accommodation which consisting of one family sized room (double and single) with fully fitted en suite facilities. Finally to the ground floor is the owners accommodation, comprising of a private double room.
The first floor provides further guest accommodation including two family sized rooms, which are finished to an exceptional standard and have feature four poster beds; these include private en-suite facilities. There is a further standard twin bedded room, as well as two standard single room. For the rooms not containing en-suite facilities there is a fully fitted shower room with separate WC facilities to the first floor of the property.
The second floor comprises of further bed and breakfast accommodation, including one standard family room which contains a single and double bed, as well as one standard double room. Again there is a shared WC/bathroom for use on the second floor.
The property has the added benefit of gas central heating, double glazing and CCTV monitoring.
All guest bedrooms have a colour TV as well as complimentary hospitality facilities.
Externally:
With its excellent trading position, easily accessible from major road and motorway links, the guest house is well signed and to an attractive finish. There is a small patio garden area, as well as the added advantage of unrestricted parking available locally. There is access to the busy main seafront, and it is close to local amenities and attractions that the town has to offer.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business.
For an appointment to view please telephone 01254 776022.
Quote Ref 1131 | | | | | | FOR SALE | | | | | REFERENCE: | 1131 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
