Successful Guest House Business Near Gatwick Airport For Sale

Business description

* Elegant and carefully maintained detached Edwardian freehold property with full gas fired central heating.
* Five ensuite bedrooms plus one with private bathroom, a dining room for twelve guests and trade/private kitchen.
* Pretty front forcourt for overnight parking and landscaped rear garden with extensive holiday parking area..
* Owners well appointed private apartment with large conservatory.
* Four Stars awarded by English Tourist Board and Silver Award from Visit Britian.
* Excellent long established business in a fine property with scope for expansion subject to planning consent.
* Regular high annual percentage occupancy.
* Member of Gatwick Guest House Association for many years..

Property information

Property:

Freehold

Living accommodation:

Spacious ground floor apartment. Large double bedroom. Bathroom. Generous lounge. Extensive conservatory. Private/trade kitchen and office.

Location:

Highly visible prime location 5 minutes drive from Gatwick Airport and a few minutes walk from the local town centre and train station.

Premises details:

* Freehold detached Edwardian property with full central heating.
* Front forecourt for overnight parking and rear landscaped garden with holiday parking area.
* Five ensuite bedrooms plus one bedroom with private bathroom. Full capacity 16 guests.
* Dining room with capacity for twelve guests. Large trade/private kitchen and office.
* Owners spacious ground floor apartment comprising:
* Large double bedroom, bathroom & generous lounge &
* Recently constructed extensive conservatory.

Business Operation

Expansion potential:

There is extension potential for up to four additional bedrooms in the existing extensive loft space subject to planning consent. There may also be extension potential at the rear of the property.

Competition / Market:

There are many guest houses in the Gatwick area but they all serve a substantial year round accommodation need generated by the airport and it is anticipated that this market will grow in size. Membership of the Gatwick Guest House Association offers the benefit of Association brochure and website representation and referrals and help from other members.

Reasons for selling:

The present owner wishes to set up an alternative self catering holiday accommodation business in a country or coastal location closer to the family.

Trading hours:

7 days per week 52 weeks per year.

Employees:

3/4

Years established:

50 years approximately

Other information

Support & training:

The present owner is prepared to offer support and training for an initial handover period to be agreed.

Financing available:

Possible part financing by present owner on terms to be agreed under a formal agreement.