B&B On Herne Bay Seafront In Kent For Sale

Business description

Bed and Breakfast located opposite sea front in Herne Bay, Kent. According to Canterbury City Council Tourism Board - "There is a need for this type of visitor
accommodation in Herne Bay, the property is in an ideal location for a bed and breakfast", "At present there
is a drastic shortage of quality graded rooms across the town and there is limited
competition therefore a high quality bed and breakfast would find it easy to establish itself in
the market."

The property is a mid terraced house offering 8 bedrooms (6 visitor & 2 management), parking for a single car to the rear.

The B&B requires some attention and can be re-developed to offer an outstanding investment in an area ear marked for regeneration - The Council have a Herne Bay Area Action Plan which is to regenerate the area and encourage staying visitors to the area therefore there will be a need for additional holiday accomodation

Property information

Property:

Freehold

Living accommodation:

There is currently a 2 bedroom flat on the ground floor used as management accomodation

Location:

Prime seafront location in Herne Bay, Kent

Other information

Expansion potential:

With limited competition for B&B's in the Herne Bay area and with the council stating that visitor accomodation being a priority this B&B offers an ideal investment opportunity.

Competition / Market:

As of May 2008, Canterbury City Council's Tourism manager stated "As far as I am aware there are only four/five operating B&B's in the town so there is limited competition and a high quality B&B will most likely find it very easy to establish itself in the market"