For Sale By Auction | 11:00, 05 December 2018 | Lot 33

Chatsworth Hotel, 32 Wellesley Road, Great Yarmouth, Norfolk, NR30 1EU

*Guide | £225,000 - £250,000 (plus fees)

  • Hotel
  • 17 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 05/12/2018

Auction Time

11:00

Auction Venue

The Sunningdale Suite, Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

Substantial 17 bedroom hotel with managers flat located close to beach and town centre

This long established hotel was originally a four storey Victorian guest house with a more recent extension carried out in the 1960's. There is further planning consent now available for the further extension of the property to provide additional accommodation. To the rear of the property is an indoor swimming pool in addition to private garaging and storage facilities. To the lower ground floor is a bar area with other guest rooms, kitchen and laundry facility. The property would now benefit from some cosmetic updating and repair, however, represents an excellent investment opportunity with the possibility of a future change of use, subject to planning approval. The property lies to the town end of Wellesley Road and is therefore within a short walk of the shops and the Promenade. Great Yarmouth has excellent road and rail links to Norwich and other major local centres

Tenure

Freehold

Lower Ground Floor

Hall, kitchen, dining room, bar/disco, swimming pool area, storage facilities.

Upper Ground Floor

Managers flat, en-suite bedrooms

First Floor

Landing, en-suite bedrooms, roof garden

Second Floor

Landing, en-suite bedrooms

Outside

Small utility areas, side driveway to garage/storage facility.

Rateable Value

According to the valuation office, the property has a rateable value of £7,900 with effect from 1st April 2017.

Viewing

Please call the Auctioneer – 01603 505100.

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

Norton Peskett, 18 Church Plain, Great Yarmouth, NR30 849200, Ref: Matthew Breeze, Tel: 01493 849200

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £840 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.