| (REF: KT001075) 9 Bed Guesthouse With Restaurant - Deal |
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| Seller Reference: |
KT001075 |
| B4S Reference: |
28290 |
| Asking Price: |
£515,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£69,320 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Deal, Kent, United Kingdom |
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BUSINESS This double-fronted property was run as two guesthouses from 1906 but was tastefully converted into a single guesthouse in 1986. It has been in the hands of our clients since August 1993. Business is generated from a variety of guests including business people, contract workers, tourists, golf parties and repeat visitors. The present owners currently offer their guests bed and breakfast only, served in the licensed restaurant, which has a separate street entrance and is open to non-residents, for breakfasts only. In order to reduce their workload, our clients ceased serving lunches and dinners in 2007. During the period of trading, the restaurant offered an extensive menu (copy available on request) which included: a range of starters, roasts, steaks, fish, a variety of pies and a range of desserts. There is obvious scope for new owners to re-open the restaurant and expand the business. The premises still benefit from an alcohol licence and a website: WWW.themalvernguesthouse.com BUSINESS PREMISES Originally two Victorian town houses, built in 1866, the property is accessed by the two original front doors on the ground floor and a separate entry door, to the bar and restaurant. Lower Ground Floor The Bar Area - with laminate wood flooring, ceiling lights, 2 bar stools, 2 tables with 7 chairs and a fitted bar with an electronic till, mirror-backed shelving and a double bottle fridge. Brick archway leads to: Restaurant/Breakfast Room/ - with 7 tables seating 26 guests, 2 sofas, a bay window to the front of the property, a chilled glazed display unit, a Welsh dresser and a built-in dry goods store. Double glazed doors leading to: Kitchen - (5.7m x 2.2m) with a non-slip floor, fitted wall and base units, a double and a single sink, a 4-burner gas cooker, a tall fridge, a twin basket deep-fat fryer, a dishwasher, a washing machine, 3 microwaves, a toaster, a gas boiler, and a glazed door to the rear yard. There is also a utility room with a tumble dryer and a further gas boiler. Ground Floor Bedroom 1 - (3.3m x 2.4m) twin beds with an en-suite shower, wash hand basin and WC and a window to the rear of the property. Bedroom 2 - (4.5m x 2.8m) twin beds with an en-suite shower, wash hand basin and WC and a bay window to the front of the property. Separate WC - with a wash hand basin. Bedroom 7 - (3.3m x 3.1m) twin beds, an en-suite shower, WC and wash hand basin and a window to the rear of the property. First Floor Linen Store Bathroom - with a bath/shower, WC, wash hand basin and a window to the rear of the property Bedroom 3 - (2.3m x 3.3m) single bed, a wash hand basin and an en-suite shower/bath, WC and wash basin. Bedroom 4 - (2.4m x 4.6m) double bed with an en-suite shower, WC and wash hand basin, a fireplace and a bay window to the front of the property. Bedroom 8 - (3.4m x 3.9m) a family room with a wash hand basin and a window to the rear of the property Bedroom 9 - (3.7m x 4.6m) a family room with a wash hand basin and a bay window to the front of the property Second Floor Landing - with access to boarded attic space. Bedroom 5 - (4.1m x 3.6m) twin beds/double bed, a fireplace, a wash hand basin, seating area, dormer window and luxury en-suite with double shower Landing - with access to boarded attic space. Bedroom 10 - (3.9m x 3.9m) twin beds/ double bed, a dormer window, seating area and a luxury en-suite.
The property benefits from gas central heating throughout. A new fire alarm system was installed in August 2009. PRIVATE ACCOMMODATION Owners Bedroom - (5.2m x 3.6m) with a dual fuel stove in the fireplace, a walk-in wardrobe, a built-in cupboard, an en-suite bathroom fully tiled with bath, walk-in shower, WC and a wash hand basin. This room is located on the lower ground floor. Spiral staircase up to ground floor: Owners Sitting Room - (4.2m x 4.4m) with an exposed brick fireplace and a bay window to the front of the property. OUTSIDE: To the front of the house, there is a part-paved area with various pots, troughs and hanging baskets. To the rear, there is a part-paved yard with a brick built storeroom/workshop with 2 chest freezers and a work bench with shelving. TENURE The entire property is offered for sale freehold RATES The Business Rates payable are £1,190 pa. Our clients are currently in discussion with the local authority and we expect that council tax will become payable on the owners accommodation within the guesthouse and that a reduction will be TRADE The turnover figures as shown in the trading accounts are as follows: y/e 30th April 2010 £60,232 y/e 30th April 2011 £69,320 Please note that all figures exclude VAT. STAFF 2 owners 5 Part-time staff as required
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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