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Warehouse Cottages, Sea Street, Whitstable, United Kingdom, CT5 1AN

Offers in Region of
£2,900,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hospitality facility for sale

Key features

  • Seven seafront holiday cottages
  • Recently built to a very high standard
  • One/two bedrooms in each
  • Ground floor parking bays
  • Rare investment opportunity
  • Energy Rating B
  • Christie & Co Ref: 8846252

Description

Description

A terrace of modern styled purpose built holiday cottages that were opened for trade in 2020.

Each unit has private parking and offers accommodation for up to four people.

Location

The properties are idyllically located in the town centre on the west side of Sea Street and also facing onto Sea Wall, the seafront road.

Whitstable is on the north Kent coast about six miles north of Canterbury and 60 miles east of London. The A299 passes to the south of the town, linking east along the coastline to the Thanet towns of Margate, Broadstairs and Ramsgate and west to the M2/A2 at Faversham. The M2/A2 provides links to the M25 and London and to the south Kent coast at Dover and Folkestone.

Whitstable has a main line railway station with services to Central London.

Ground Floor

At ground floor level is an integral private parking bay with bin store and entrance up to the main accommodation at first and second floors.

On the first floor there is a lounge with kitchen facilities and doubles up as a second double bedroom, with its own shower room.

On the second floor there is a double bedroom with en suite shower. This room enjoys the benefit of a balcony with sea views.

Fixtures & Fittings

The trade fixtures and fittings are included in the asking price.

The Opportunity

The Warehouse Cottages represents a rare opportunity to purchase a high quality purpose built terrace of seven holiday cottages, on the seafront of the very popular seaside town of Whitstable.

Trading Information

The business is already enjoying a good level of occupancy and strong average daily room rates of about £180.

For the 12-month period ending 31/12/2023, trading data shows revenues of £315,387. More recent trading information is available upon request but preferably after viewing.

Business Rates

The rateable value for the property from 1 April 2023 is £20,250.

Energy Performance Certificates

EPC 1

Brochures

Warehouse Cottages, Sea Street, Whitstable, United Kingdom, CT5 1AN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whitstable Station0.5 miles
  • Chestfield & Swalecliffe Station1.8 miles
  • Herne Bay Station4.0 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8846252-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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