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Finsbury Park Guest House, 89 Blackstock Road, London, N4 2JW

Offers Over
£1,650,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Guest house for sale

Key features

  • 10 ensuite bedrooms
  • Three story Victorian style building
  • The Emirates Stadium circa 1.2m
  • Finished to a high standard
  • Highly rated (8.5 on Booking.com)
  • Energy Rating: C
  • Christie & Co Ref: 4241282

Description

Description

The current owners acquired the guest house in 2021 and have completely refurbished the entire hotel to a very high standard. The guest house is very well located and highly profitable business that enjoys excellent reviews and high occupancy levels throughout the year. Finsbury Park is a busy and vibrant area that has a large number of visitors (major events up to about 50,000) people especially with the increasing number of summer events held in the park. The guest house is particularly busy when these events take place and also on match days at the Emirates.

Location

The bed & breakfast is situated in the busy & vibrant area of Finsbury Park (Zone 2), an area towards the Northern edge of Inner London. The business is well located on Blackstock Road (A1201) in the London Borough of Hackney and has excellent road connectivity in and around London. The area is well serviced with shops, restaurants, pubs, supermarkets and amenities.

Tottenham Hale is 5.1km from the guest house, while Alexandra Palace is 5.1km from the property. The nearest airport is London City Airport, 15 km from The Finsbury Guesthouse.

Letting Accommodation

The letting accommodation is arranged over ground, first, second and third floors of the building. There are 10 letting rooms in total, six double, one family and three single rooms that are arranged as follows:

Ground floor:
• 2 double ensuite
• 1 Single ensuite

First floor mezzanine:
• 1 single ensuite

First Floor:
• 2 double rooms (one room has a pull out bed that sleeps 3)

Second Floor mezzanine :
• 1 single ensuite

Second floor:
• 1 double ensuite
• 1 family room

Third floor:
• 1 double ensuite

* All of the bedrooms have fridge, tea & coffee making facilities and a flat screen TV.

External Details

To the rear of the guest house there is a courtyard garden with a seating area. There is also a brick built building to the rear of the garden that has a good size kitchen diner and the hotels laundry room.

The Opportunity

An extremely busy guest house with the added bonus of a contract with a guaranteed income (two doubles and a single room are used for this contract) of £70,000 p.a (Intsol recruitment). The contract is renewable and will be transferred with the sale should the incoming buyer want it.

Trading Information

Financials can be made available once a formal viewing has taken place.

Tariffs:

Single rooms - £80
Double rooms - £160

Energy Performance Certificates

EPC 1

Brochures

Finsbury Park Guest House, 89 Blackstock Road, London, N4 2JW

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Finsbury Park Station0.3 miles
  • Arsenal Station0.4 miles
  • Manor House Station0.6 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 4241282-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.

Map data ©OpenStreetMap contributors.

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