Postponed | Lot 101

Taunton House, 9 Nelson Road South, Great Yarmouth, Norfolk NR30 3JL

Postponed

  • Guest House
  • 10 Bedrooms
  • Tenure: Leasehold. 999 year lease commenced in 1859

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/11/2023

Auction Time

11:00

Auction Venue

Livestream Auction

Taunton House is a guest house situated in the centre of Great Yarmouth, a well known holiday destination on the east Norfolk coast

This popular guest house is situated in the centre of Great Yarmouth a well known holiday destination. The guest house is a generous property offering eight bedrooms, all with en-suite facilities and owners accommodation in the basement for use as extra rooms if required. The property is in good order and the accommodation is divided over four floors. The guest house has future bookings which can be cancelled upon sale or transferred to the purchaser. The current seasonal income for the property is in excess of £50,000pa. NB: There is also an alcohol licence renewable yearly at a cost of £70.00 payable to Great Yarmouth Borough Council. This can be transferred to the new owner subject to attending a one day course at the cost of around £200.00.

Tenure

Leasehold. 999 year lease commenced in 1859

Ground floor

Entrance porch, hall, dining room, living room, storage area, kitchen

First floor

Landing, five guest bedrooms all with en-suite facilities

Second floor

Landing, three guest bedrooms all with en suite facilities

Basement

Hall, two bedrooms, family bathroom

Council Tax Band

A

Lease details

Term: 999 year lease commenced in 1859 (835 years remaining) Ground Rent: None Service Charge: None

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.