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No longer on the market

This property is no longer on the market

EPC

Hotel

Sold STC
Hotel
Added > 14 days

Features and description

  • Freehold and Business For Sale
  • Three Storey Guest House
  • Eight letting Rooms
  • Net Profit of £28,000
  • NIA: 146.61m2 (1,578 sq ft)
FOR SALE BY AUCTION: Terms and conditions apply.

We are delighted to offer to the market the opportunity to purchase both the business and freehold of this established guest house, excellently located on Ocean Road, South Shields, just minutes from the beach. The subject building is a very prominent three storey property overlooking Ocean Road. The guest house has eight letting bedrooms (six en-suite), reception and lounge area, kitchen and dining area, the property benefits from fully operating CCTV in communal areas and externally. The business is very established with a presence of repeat business and rooms are currently only let Mon - Fri; all fixtures and fittings are to be included in the sale, and accounts can be discussed upon viewing or serious enquiry.

Rooms

Location
The subject property is well located along Ocean Road, South Shields. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 12.4 miles from Newcastle city centre.

Accommodation
Ground Floor: Lounge (5.5 x 4.2) Dining Room (5.7 x 2.3) Kitchen (3.6 x 2.2) Room 1 (4.5 x 3.4) First Floor: Room 2 (3.8 x 2.4) Room 3 (3.7 x 4.5) Room 4 (5.5 x 3.5) Room 5 (3.4 x 2.1) Second Floor: Room 6 (4.3 x 3.4) Room 7 (4.5 x 2.6) Room 8 (3.2 x 3.0)

Tenure
Freehold. Title number TY63208

Rateable Value
The adopted rateable value is £5,700 as of 1st April 2017. Sourced from VOA.

EPC
Available upon request (rating C).

Business Details
The subject business is trading as 'Seabreeze Guest House', a very established guest house which is fully fitted and trading. All fixtures and fittings are to be included in the sale. Account available on serious request.

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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