Substantial vacant hotel in need of modernisation

Imposing 18 bedroom hotel in a prime holiday location Most recently known as the Lisbon Hotel, this substantial double fronted hotel has eighteen guest bedrooms and a range of staff accommodation which includes four further bedrooms. The property is offered with vacant possession and is located in a prominent position close to the sea front and town centre. The hotel could provide significant income opportunities for the shrewd operator.

Tenure

Freehold

Description

Ground Floor

Hall, reception lounge, dining room, office, kitchen, self-contained flat, further three bedroom staff flat.

First Floor

Landing, twelve en-suite bedrooms.

Second Floor

Landing, six en-suite bedrooms.

Outside

Rear courtyard area, garage/workshop approached from rear lane.

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

Ward Gethin Archer, 8-12 Tuesday Market Place, King's Lynn, Norfolk PE30 2JT, Ref: Mr S Wilson, Tel: 01553 660033

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.