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#Business ID: 13141

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Cheriton Road, Folkestone, Folkestone, CT20

Business Location: Folkestone, Kent, England

Asking Price: £ 329,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Business History Platinum R & C Properties 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 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 substantially by establishing a website advertising accommodation and with online booking facilities, along with other marketing. There is also the opportunity to embark on a marketing campaign and perhaps offer an evening menu all year round, as currently there is no website or online booking arrangement, or evening meals. 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 outside shed, that could be used for differant purposes. This is a great opportunity to acquire an already busy Guest House with scope for future growth with new ownership. Financial Details T/O: £ Enquire. GP: 85%

Opening Hours All year round

Accommodation Details Substantial 3-storey guest house premises with 8 letting rooms and 2 purpose built outside sheds. Mainly 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 • kitchen with 5-burner gas hob and oven, microwave oven, refrigerator, dishwasher and sink • Small laundry room with washing machine, dryer and shelving • WC with wash hand basin. Large Celler, with Freezer and Storage.

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 • Shower room and seperate toilet, shared by rooms 4, 5 & 6

Second Floor • Room 7: family room with double and single beds • Room 8: single bedroom • Bathroom with shower, WC and wash hand basin, shared by room 7 & 8

External • 2 x outisde purpose sheds. • Courtyard garden to Front.

Tenure Advised freehold

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Property Details

Property Type:

Real

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