Stylish four-star B&B boutique business Harriet House in Canterbury has been sold to a couple who are entering the hospitality trade for the first time.
The property, which recently underwent a refurbishment to add larger double bedrooms to its offering, has been owned by Terry Fulton and Chris Baillie, who have operated the boutique since 2009.
They are now moving to ‘pastures new’ and have passed the baton to Paul Hayter and Heidi Griffin, who are first-time operators. The pair used the brokerage services of Christie Finance to help fund the purchase of the business.
Harriet House is located on Broad Oak Road and is a 15 minute riverside walk from the city centre. It is home to seven bedrooms, a breakfast room with interconnecting conservatory, large shed/laundry store, front garden and car parking.
The business has been awarded a 4-star rating by Enjoy England, a Silver Award by Enjoy England and is a winner of TripAdvisor’s 2015 Certificate of Excellence.
It first went on the market in May 2016 with an asking price of £875k.
John Mitchell, director at Christie Finance comments on the deal, “It was great to help Paul and Heidi to get the keys to their first B&B business. Paul grew up in hotels run by his family and will bring a great mixture of experience and new ideas to help Harriet House grow even further in popularity.”
Andrew Moore, director at Christie & Co’s Maidstone office who handled the sale comments, “There remains a strong appetite for hotels and guest houses in Canterbury and we are delighted to have brokered the sale to Paul and Heidi and wish them all the best with growing the business.”