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10 Room Hotel With Bar, Restaurant And Events Lounge For Sale

Folkestone, Kent, UK
Freehold Price:
£285,000
Leasehold Price:
£285,000
Turnover:
£312,000
Net Profit:
Undisclosed

CAR PARK FOR 14 CARS

4 STAR HYGIENE RATING

FRONT BISTRO BAR. Fridge and glasswasher with seating for 20 persons.

RESTAURANT. Tables and chairs providing seating for 50 persons

Ladies' & gentlemen's toilet with w.c. and wash hand basin

REAR BAR. Fridge, glasswasher plus function room for 90 persons

EVENTS ROOM. 120 standing. 80 seating

Ladies' & gentlemen's toilet with w.c. and wash hand basin

Gardens with seating for 50 persons

KITCHEN. Stainless steel extractor unit, 8-burner gas cooker, 2 cake fridges, 5 freezers, 4 fridges, 2 commercial microwaves, hotplate, stainless steel extractor unit.

Walk-in coldroom

10 en suite Double Bedrooms over 2 floors with a mixture of showers and baths.

LOCATION: Detached property, excellent trading position, residential and office, KENT

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w.

STAFFING: The business is at present operated by the vendor on a part time basis with the help of the vendor's son with 2 full time cooks, 1 part time pot washer plus 1 full time cleaner / waitress with 2 full time bar staff, 2 part time bar staff and additional staff as required.

PRICE: INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £285,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

Accomodation Included

Other Information

Leasehold asking price:
£285,000