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10 Acre Site With Motel Cafe Huge Potential For Sale

Advert Ref: MH.12.1200.KT.F
Kent, United Kingdom

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Asking price:
£1m < 5m
Sales revenue:
< £200k
Net profit:
Available on request


SUMMARY

This very large site that we are advised covers an area of 10 acres is situated in Kent and borders the busy A21 and a round-about that provides access to and from the A21 and the busy local town.

The existing buildings are perched on the higher ground of the site making them clearly visible from the A21. It further benefits from being situated on the outskirts of a popular and affluent Kentish town with good access roads to that local town as well as being very close to the M25.

The site has a very large car parking area that fronts the access road to the property providing car drivers with a pull-in stretch of approximately 75 meters off the adjacent B road.

POTENTIAL

This site provides a large number of commercial possibilities. As the property currently stands the rental earning potential is in excess of £100,000 per annum.

The current motel and cafe businesses have enormous scope for expansion through broadening their appeal and/or changing or improving the facilities, expanding the opening hours and services provided. The current owners acknowledge that they are not maximising the potential of this location but they feel it is time for them to move on.

Without expanding the existing footprint of the building potential exists to expand and improve the buildings to provide larger and/or better facilities through extension or redevelopment subject to planning approvals.

Redevelopment of the whole or a large part of the site would provide the greatest potential and this may appeal to property developers and other investors or organisations. We understand that there are no current or outstanding applications for planning.

Although the site straddles two local authorities we are advised that the existing buildings are situated well within the boundary of one authority and that it would require a very substantial building development on the site of the current building footprint before encroaching onto land in the bordering local authority.

This sale will not include the benefit of any approved planning proposals. Any Prospective Purchasers that are considering developing this property will need to fully investigate the planning issues for themselves.

This site is currently brought to market for offers in excess of £1,200,000.


Property:
Freehold
Living accommodation:
The buildings on the site are currently used as a motel with 12 en-suite guest rooms with C1 use and also has 2 large self-contained one bedroom flats.
Location:
This very large site that we are advised covers an area of 10 acres is situated in Kent and borders the busy A21 and a round-about that provides access to and from the A21 and the busy local town.
Premises details:
CURRENT USE

The buildings on the site are currently used as a motel with 12 en-suite guest rooms with C1 use, 2 large self-contained one bedroom flats and a roadside breakfast only cafe that accommodates 40 covers. An area of the very large car-parking area is used by a car dealer from which the current owners receive a commission on sales in lieu of rent, a hand car-washing business that pays £550 per week in rent and an unspecified rent is received for letting a five acre field for horse grazing. In addition, the large field is rented out approximately every five years, when there are A21 roadworks, for £25,000.

Expansion potential:
POTENTIAL

This site provides a large number of commercial possibilities. As the property currently stands the rental earning potential is in excess of £100,000 per annum.

The current motel and cafe businesses have enormous scope for expansion through broadening their appeal and/or changing or improving the facilities, expanding the opening hours and services provided. The current owners acknowledge that they are not maximising the potential of this location but they feel it is time for them to move on.

Without expanding the existing footprint of the building potential exists to expand and improve the buildings to provide larger and/or better facilities through extension or redevelopment subject to planning approvals.

Redevelopment of the whole or a large part of the site would provide the greatest potential and this may appeal to property developers and other investors or organisations. We understand that there are no current or outstanding applications for planning.

Although the site straddles two local authorities we are advised that the existing buildings are situated well within the boundary of one authority and that it would require a very substantial building development on the site of the current building footprint before encroaching onto land in the bordering local authority.

For more information about this business for sale, click the Contact Seller button.


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