Withdrawn | Lot 61

Norfolk Guest House, 1-3 Holland Road, Felixstowe, Suffolk IP11 2BA

Withdrawn

  • Guest House
  • 13 Bedrooms
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 22/03/2023

Auction Time

11:00

Auction Venue

Livestream Auction

A substantial 13 letting room Guest House close to the beach

Literally within a stone's throw of the sea front is this substantial guest house with over 3,500 sq ft (325 sq m) of accommodation over three floors. The property comprises 13 letting rooms (11 en-suite), 2 kitchens, 2 bathrooms and 3 further rooms on the ground floor which offer potential for increasing the number of bedrooms, 7 of the rooms are currently rented on a week by week basis generating and income of £4,200 per calendar month. A number of the rooms have recently been refurbished and we believe the property has scope for alternative use as an HMO or care home (STPP), either of which would provide a handsome yield.

Tenure

Freehold

Council Tax Band

A

Viewing

Open Viewing has been arranged for the morning of Tuesday 28th February and lunchtime on Thursday 9th March. BOOKING AN APPOINTMENT IS ESSENTIAL. Please contact our Ipswich office to make arrangements.

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

East Suffolk Council

Solicitors

Shoredons & Co Legal, Ref: Emma Barnard, Tel: 07468 878012

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 - 0.6% inc VAT of the purchase price, 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.