For Sale By Auction | 11:00, 10 April 2019 | Lot 19

Overstrand Court Hotel, 5 High Street, Overstrand, Cromer, Norfolk, NR27 0AB

*Guide | £550,000 (plus fees)

  • Hotel
  • 18 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 10/04/2019

Auction Time

11:00

Auction Venue

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

Viewing Times:

Tue 19 Mar

09:30-10:15

Tue 26 Mar

09:30-10:15

Tue 2 Apr

09:30-10:15

18 bedroom hotel set in 1.53 acres. Redevelopment opportunity.

Standing on a wooded plot extending to 1.53 acres (subject to survey), this substantial and imposing detached residence dates from the early 1900s, evident by its arts and crafts styling. Having been owned by the current family for many years and run as an independent and private hotel, the Overstrand Court Hotel harks back to the heyday of the British seaside holiday. The property is arranged over three floors with some 18 bedrooms in total and an array of ground floor rooms to include reception, bar, dining and sitting rooms with the principal of these taking advantage of views over the south facing rear garden. The property still retains much of its original charm, character and period features but requires a significant programme of modernisation and improvement to restore the property to its former glory.

Tenure

Freehold

Accommodation

The property is arranged over 3 floors and extends to some 11,914 square feet.

Outside

The property stands in grounds totalling 1.53 acres (subject to survey) with access from the high street along a wide sweeping drive which also provides access for two further properties. Grounds are predominantly laid to grass along with numerous established and mature trees.

Planning

There is approval in principle following a pre-ap for the conversion of the hotel into one house and 6 apartments with 2 dwellings in the grounds. Planning Reference IS2/18/1688

Energy Efficiency Rating (EPC)

Current Rating F

Services

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

Local Authority

North Norfolk District Council

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

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.