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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Sought after position, close to sea front, NORFOLK. (Please register to make appointments and view addresses)

Front tarmaced parking area for 8/9 cars

Ample street parking opposite

The Hotel has the advantage of overlooking a private large Pleasure Garden at rear with lawn. The owner and residents have use of the Pleasure Garden, which we understand is maintained by the Council and there is a nominal charge to the owner of only £17.30 p.a.

It should be noted that the property is mainly double glazed and virtually has Full Gas Fired Central Heating.

Ground Floor - Entrance Hall and Reception area

Attractive Dining Room fully carpeted. Tables and chairs providing seating for 28 persons.

Residents Bar, carpeted. Tables and chairs, 2 armchairs plus settee providing seating for approximately 12 persons plus adjoining residents lounge, carpeted and with seating for approximately 8 persons.

Kitchen equipped for breakfasts including gas cooker, fridge, deep freeze

Cloakroom with w.c. and wash hand basin

Office

Letting accommodation -

2 Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin

First Floor

5 Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin
1 Double Bedroom plus 1 Single Bedroom each with w.c. and wash hand basin plus shared shower cubicle
1 Twin Bedroom with en suite shower room with shower, w.c. and wash hand basin

Laundry Cupboard

Second Floor

1 Family Bedroom with en suite shower room with shower, w.c. and wash hand basin
2 Double Bedrooms each with en suite shower room with shower, w.c. and wash hand basin
2 Twin Bedrooms each with en suite shower room with shower, w.c. and wash hand basin

All the letting bedrooms are fully furnished (mainly Pine furniture), colour television, tea and coffee making facilities.

WE AER INFORMED the turnover is in the region of £35,000 p.a. Bed & Breakfast only. Operated on a low key basis opening from April through to the end of September/October. In our opinion offering tremendous potential for further development, especially if the Hotel was graded which we understand would be Grade 3 Guest Accommodation and included in the Great Yarmouth Tourist Brochure. In our opinion there is further potential for offering evening meals to residents, if desired.

The business is at present operated by 2 partners and no staff are employed.

Private accommodation

Stairs to lower ground floor comprising attractive private accommodation in the form of 2 double bedrooms with double glazed windows
Half tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge

In addition in the basement are 2 small storerooms

Covered yard with laundry room, washing machine, tumble dryer.
In addition to the rear of the property is an attractive patio area providing seating for residents and as stated the rear of the property overlooks an attractive and spacious private Pleasure Garden.

We understand the property is leasehold having approximately 900 years unexpired at a peppercorn ground rent of only £17.30 p.a. with no revisions.

Uniform Business Rates: £2,500 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VIRTUALLY FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £425,000 plus STOCK AT VALUATION.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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