Little Silver Country Hotel Ashford Rd 16 Room Hotel Tenterden TN30 6SP $2,969,363 CAD ($185,585 CAD/Room) 25% Cap Rate

The main part of the property dates back to the circa mid-20th century with a mock-Tudor façade, which is currently operating as a hotel (C1) and wedding venue. The property has been extended over time, with the most recent being a first-floor rear extension in 2011 and a subsequent single storey extension to the rear. To the rear of the main building is a large extension that provides a function room and wedding accommodation. The plot is L-shaped and covers 0.956 acres; including the hotel, gardens and a large car-park to the rear. Access is from the A28 into a small car-parking area at the front of the property.
The property comprises 16 en-suite bedrooms, a bar and restaurant and extends to approximately 10,635 sq. Ft (to be verified). The property benefits from a large in and out driveway at the front of the property and an access road along one side of the property providing access to the rear. The vendor has undergone a full refurbishment of the property over the last 9 months which has involved significant CAPEX to improve the accommodation and services throughout. The sale of the property and trading business includes fixtures and fittings including two newly fitted commercial kitchens, refurbished restaurant and seating area, stocked bar and newly furnished bedrooms.