Substantial 17 bedroom hotel with managers flat located close to beach and town centre (further planning obtained to extend)

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.

Planning

Consent has now been secured for the further extension of the property into aparthotel style units. Planning ref: 06/16/0801/F.

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 1NF, Ref: Matthew Breeze, Tel: 01493 849200

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.