Substantial property with twelve letting rooms

Substantial property with twelve letting rooms Situated in the historic Camperdown area close to Marine Parade, this Grade II listed four storey former guest house had twelve letting rooms which produced an income of nearly £40,000pa gross. The property will be sold with vacant possession and would suit conversion into a substantial and impressive family home or potentially retained as a guest house. The property is in sound but dated order and is an ideal purchase for those seeking a significant financial return. Recent imrpovements include the complete replacement of the roof. A wide range of amenities are available nearby with the sea front and main high street shopping facilities within walking distance.

Tenure

Freehold

Description

Ground Floor

Entrance hall, lounge/bedroom, kitchen, breakfast room, study.

Basement

Bedroom with separate w.c.

First Floor

Landing, five letting rooms, shower cubicle, separate w.c.

Second Floor

Landing, five letting rooms, shower cubicle, separate w.c.

Outside

Small courtyard style gardens to front and rear.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating D

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. Tel: 01493 856100

Solicitors

Philip Hook Solicitor, 67 Christchurch Road, Norwich NR2 3NG, Ref: Mr P Hook, Tel: 01603 717390

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.