Leisure and hospitality specialist Sidney Phillips is proud to offer to the market a unique hotel and pub opportunity in the busy seaside town of Folkestone in Kent.
The property comprises three superbly renovated Victorian townhouse properties situated on the corner of Langhorne Garden and Sandgate Road (known as Folkestone’s ‘West End’ due its cosmopolitan eating scene). The property lies a stone’s throw from the seafront and promenade, close to a number of attractions including a sheltered beach, Lower Leas Coastal Park and the Leas Cliff Hall theatre.
This multifaceted business offers a hotel with fourteen superbly presented hotel rooms, breakfast room, residents’ lounge and sun terrace. The fifth floor of the property houses six further en suite bedrooms which are currently unused, ripe to be reinstated and incorporated into the business to provide further letting bedrooms, managers accommodation, or a combination of the two.
In addition, included in the sale is Harvey’s, a popular traditional 100% wet led pub, unrivalled in this area of Folkestone. The bar is capable of providing seating for between 28-50 patrons dependent on layout and incorporates a games area.
10to12 is a highly regarded hotel business (trading as a bed & breakfast) which has been in the Michelin Guide since 2016. It holds sterling TripAdvisor reviews being regarded as one of Folkestone’s premier hotels. 10to12 is listed as ‘One of the Top Kent Hotels’ by the Telegraph. The business is highly popular with repeat custom due its superb presentation, and high standards of service. The business appeals to holiday makers, golfers, corporate bookings and those seeking to escape London for the weekend. Due to lifestyle choices, the hotel currently only operates eight rooms, three days a week, offering a vast opportunity for a new owner to increase turnover.
Harvey’s is well utilised by a dedicated local clientele as well as those seeking to watch sporting events on TNT Sports and Sky Sports. The pub is a self-sufficient business, operated on a day to day basis by a highly competent small team of staff.
10to12 and Harvey’s would suit a hands-on owner operator who could continue to develop these already well-established turnkey businesses. Alternatively, 10to12 and Harvey’s would suit a hands-off owner who could run the businesses under management.
The Virtual Freehold interest of the property is available off an asking price of £1,300,000.
For further information about this hotel and pub for sale please call Sidney Phillips on 01982 725900, or email southeast@sidneyphillips.co.uk.
(May 2024)