FREEHOLD DETACHED BED & BREAKFAST BUSINESS

Larkfield, Kent

Status

FOR SALE

Date Submitted:

30/07/20

Advert ID

263006

Reference

N933 / Rightbiz
Freehold: £530,000
Annual Turnover: £40,000

5 BEDROOMS - UNOPPOSED LOCATION - CHARACTER PREMISES CIRCA 1700'S - 6 PARKING SPACES - REAR GARDEN & PATIO - TURNOVER £40,000 P.A.

Location

These charming detached premises occupy a superb location fronting a busy road, surrounded by a thriving business community and charming countryside being opposite Leybourne Lake Country Park. The property is only 3 minutes from the M20 and draws trade from over a wide catchment area.

Business

The property has been in the current hands for 15 years and has traded as a B&B for nearly 2 years. The Vendor has a great reputation and the business is promoted through Airbnb, Expedia and Booking.com.

Turnover

£40,000 P.A. with 70% occupancy letting only 3 rooms. Turnover should increase to £60,000 P.A. if 4 rooms were let and occupancy was improved.

Premises

Imposing detached premises Circa 1700's Entrance Hall: Dining Room: with fireplace. Cloak Room: W.C and W/basin. Lounge: with logburner. Patio doors to garden. Kitchen: Quality fitted units, breakfast bar, 5 burner range cooker, st/stl sink. Utility Area: Letting Accommodation: Ground Floor: Room 1: Double. First Floor: Room 2: Double. Room 3: Small Double. Room 4: Large Double with Shower ensuite. Room 5: Double. Shared Bathroom: Recently refitted with Bath, Shower cubicle, basin and W.C.  OUTSIDE: 6 Parking Spaces: to front. Rear garden: Laid to lawn with flower and shrub borders and Patio Area:

Observations

The premises have been maintained and decorated to a high standard and benefit from gas fired central heating and replacement UPVC double glazing.

Tenure

Freehold

EPC Rating

Band D

COUNCIL TAX  Band D

Key Features
  • Price Reduced
  • Attractive Business
  • Fully Fitted
  • Established Business
Contact Agent
Advert Reference:
N933 / Rightbiz
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