Hotels For Sale in Kent
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Freehold Boutique Guesthouse With 4 Luxury Themed Suites & Closed Bar/CaféFreehold mixed-use building in central Broadstairs Seconds From Broadstairs Beach
- Freehold mixed-use building in central Broadstairs
- 4 individually themed luxury boutique suites
- All suites with en-suite bathrooms & roll-top baths
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The Russell Hotel comprises of a fine Edwardian property, once three individual houses, converted some 80 years or so ago into the hotel you see now. The business has been under the current ownership for over 25 years and is now ready to be taken to its next stage in its life. Trading information can be provided following a formal viewing. It is felt that the property would lend itself to conversion, subject to planning consent, to nine good sized flats, with a possibility of a further four if the basement was to be converted too.
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Trading Boutique Hotel/Wedding Venue Investment Opportunity The main part of the property dates back to the circa mid-20th century with a mock-Tudor façade, which is currently operating as a hotel (C1) and wedding venue. The property has been extended over time, with the most recent being a first-floor rear extension in 2011 and a subsequent single storey extension to the rear. To the rear of the main building is a large extension that provides a function room and wedding accommodation. The plot is L-shaped and covers 0.956 acres; including the hotel, gardens and a large car-park to the rear. Access is from the A28 into a small car-parking area at the front of the property. The property comprises 16 en-suite bedrooms, a bar and restaurant and extends to approximately 10,635 sq. Ft (to be verified). The property benefits from a large in and out driveway at the front of the property and an access road along one side of the property providing access to the rear. The vendor has undergone a full refurbishment of the property over the last 9 months which has involved significant CAPEX to improve the accommodation and services throughout. The sale of the property and trading business includes fixtures and fittings including two newly fitted commercial kitchens, refurbished restaurant and seating area, stocked bar and newly furnished bedrooms.
