Warehouse Cottages, Sea Street, Whitstable, CT5 1AN

Offer in excess of

£2,500,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Guest house

Key features

  • Seven seafront holiday cottages
  • Recently built to a very high standard
  • One/two bedrooms in each
  • Ground floor parking bays
  • EPC rating B
  • Gross Yield: 12.12%. Average Daily Rate: £211
  • 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 tea and coffee making facilities, that 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.

VAT also applies for this purchase.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Warehouse Cottages, Sea Street, Whitstable, CT5 1AN

NEAREST STATIONS

National Rail

Whitstable Station

0.47 miles

National Rail

Chestfield & Swalecliffe Station

1.79 miles

National Rail

Herne Bay Station

4.02 miles

About Christie & Co, Hotels

Christie & Co, Hotels

We are leading specialists in the hotel sector across the UK & Europe, providing expert brokerage, valuation and consultancy services.

With the largest hospitality team in the UK, we consistently sell more hotel businesses than any other agent. Our local knowledge, combined with our national coverage, ensures maximum exposure for your business.

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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.