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. building work has commenced to upgrade the premises, however significant refurbishment is still required. The building represents an excellent investment opportunity with the possibility of a future change of use, subject to planning approval. The property lies to close to the town centre and is a short walk from the Promenade and beach. 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 terrace

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 £4,300 from 1st April 2023.

Planning

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

Viewings

Open viewings have been arranged and the final open day is Monday 20 March. Please call the Norwich office to book an appointment

Energy Efficiency Rating (EPC)

Current Rating Please refer to Legal Pack

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 (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Additional Fees

Buyer's Premium - £900 inc VAT 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.