Hotel

Rooms

Location
The Hotel occupies a prominent location in the centre of this thriving South Norfolk Market Town. Harleston is a lively market town on the old coaching route from London to Great Yarmouth which is filled with other historic buildings of great character. The town is close to the A143 trunk road between Bury St Edmunds and Great Yarmouth and approximately 10 miles east of Diss, on the Norfolk/Suffolk border, and approximately 21 miles south of Norwich. The Norfolk Broads and East Coast are within easy reach and the River Waveney nearby. Postcode for car park is IP20 9AN.

Accommodation
Main entrance reception leads to: • A guest lounge. • Meeting room for 10 (currently used as a pop up shop. • Main lounge bar, heavily timbered with a large inglenook fireplace seating around 30 and a raised seating area for another 10 (open Friday, Saturday and Sundays). • Refurbished Piano bar with bar servery used for booked functions, meetings and events (currently used as a pop up shop). • Restaurant area for 25 covers, again with open fireplace. • WCs serving bar and restaurant.

Accommodation: Continued
• Divisible function room, with bar servery for 100+, carvery unit and separate WC's. Disabled customer WC. • Extensive kitchen service & storage accommodation & lower ground floor cellar. • Letting Accommodation: 14 en suite letting bedrooms with colour TV and hospitality tray. Room rates range from £60 to £135, including VAT and breakfast, dependent on room type, occupancy and length of stay. Outside there is a large car park at the rear with parking for approximately 30 vehicles and other outbuildings which includes three garages. Covered seating area, courtyard and archway leading to The Thoroughfare. Small garden. The owner's/managers accommodation one double en suite room.

Prospects
There is scope for development by considering: • Utilisation of the space available throughout the week • The staffing in order to increase profitability • Promotion of the rooms to increase revenue • Many Regular customers which bought in approximately £6,000 per week in net sales before the pandemic. • Sunday carvery • Large centrally located premises

Tenure
Freehold. Title number NK114031.

Rateable Value
The adopted rateable value is £37,750 as of 14th August 2019. Sourced from VOA.

EPC
Available upon request (rating D).

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.