Property for Auction in East Anglia - [Print Version]

Auction Date:

Wed 13/09/2023

Start Time

11:00

Property Type:

Commercial

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.

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

Viewings

Viewing by appointment only - the next are on Friday 11 August. Please call the Norwich office for a time slot.

Tenure

Leasehold. 999 year lease commenced in 1859

Local Authority

Great Yarmouth Borough Council

Solicitors

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

Floor Plan

Location Map