Hotel
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)
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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Floorplan