If you're looking for a work-horse you need to be looking at diesel. Small ones like that are designed for site use or intermittent use, you can't run them that long.
Do you have any idea as to how many hours/day, days/week etc this genset would run? If you had the choice would you run more than just a couple of TV's etc?
I use gensets on a daily basis for power, I have a "baby" one which I run overnight for lights, fridges, tv's, water pumps etc, it will even manage 3 small a/c's. It's the one on the left in the picture:-

It's a 13Kva three phase genset, probably far bigger than what you need, but it costs about £2500, you could probably pick up what you need for under a £1000 no problem. Fuel efficiency with diesel is far superior, you should bear running costs in mind (and fuel storage) when considering a purchase.
Edit: you want something like this if you can afford it:-
http://www.sdmo.com/sitev3/files/pdf/GB/T9KM.pdf
If noise is an issue and you can't erect a shack to house it, you may have to consider one with an acoustic canopy (runs a lot quieter).