Guest House 8 Letting Rooms In Folkestone Kent | | Folkestone Kent | | Bed and breakfast Folkestone, Kent T/O: £67,000 GP: 85% Scope to increase turnover Loyal customer base Well-equipped 8-letting rooms 2 x chalets | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67185
ADVERT IMPRESSIONS : 8,588 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £350000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Granada Guest House occupies substantial 3-storey semi-detached premises, located in the town centre of Folkestone, Kent. The premises benefit from ample on-street parking and are surrounded by a variety of complementary shops and businesses. The business boasts an ideal trading position on the busy A2034 close to the town's shopping centre, from which it draws much trade. There are excellent public transport links in the area with numerous bus stops and the railway station within easy walking distance. Folkestone is a popular seaside resort surrounded by picturesque countryside and boasting many attractions including museums, galleries and sandy beaches. The business boasts easy access to the A-road network and the M20 is 2 miles away. Dover lies approximately 8 miles to the east, while Canterbury is 17 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy bed and breakfast business, which was established in 1972 and which has been in our clients' careful hands since 1995. The guest house is only now offered to the market due to our clients' wish to retire. The business trades all year round and generates a turnover in the region of £67,000 per annum with a gross profit of 85%. Granada Guest House offers 8-letting room, a breakfast menu and the occasional evening menu. We feel the turnover could be increased by establishing a website advertising accommodation and with online booking facilities. There is also the opportunity to embark on a modest marketing campaign and perhaps offer an evening menu all year round. The business enjoys regular repeat trade from tourists and contractors and has some long term guests. The premises have been well-maintained and are finished to a high standard throughout. There are two chalets equipped for letting accommodation, which could be utilised. The second floor was previously used for owners' accommodation and could easily be used as a 2-bedroom flat. This is an ideal opportunity to acquire an already busy bed and breakfast with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £67,000 approx.
GP: 85%
Opening Hours
All year round
Accommodation Details
Substantial 3-storey guest house premises with 8 letting rooms and 2 chalets. Briefly comprising:
Ground Floor
• Entrance hall
• Room 1: family room with double bed, 2 x single beds and en-suite shower
• Breakfast room with tables and chairs for up to 12 covers
• Commercial kitchen with 5-burner gas hob and oven, microwave oven, refrigerator, dishwasher and sink
• Laundry room with washing machine, dryer and shelving
• WC with wash hand basin
First Floor
• Room 2: family room with double and single beds and en-suite bathroom
• Room 3: family room with double and single beds and en-suite shower room
• Room 4: single room with wash hand basin
• Room 5: single room with wash hand basin
• Room 6: twin room with wash hand basin
• Bathroom with WC and wash hand basin, shared by room 4, 5 & 6
Second Floor
• Room 7: family room with double and single beds
• Room 8: double bedroom
• Bathroom with shower, WC and wash hand basin, shared by room 7 & 8
External
• 2 x chalets with en-suite showers
• Courtyard garden
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2662 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
