Hotel/guest house for sale in 17-18 Camperdown, Great Yarmouth, Norfolk NR30

For sale by auction on Wednesday, 11 Sep 2024 at 11:00

Venue: Livestream Auction

Substantial Grade II listed double bay fronted 14 bedroom guest house close to the seafront

The Seahorse guest house is a large end terrace property situated on a tree lined street around 300 yards from the Golden Mile seafront. It is in good decorative order, has gas central heating and a range of original features including high ceilings and ornate cornice.

Built around 1860 as two separate houses it remained in residential use for nearly one hundred years before being converted into a hotel. The potential exists to convert it back to residential use, subject to the necessary consents.

The boiler was installed in 2018, the pitch roof renewed around 12 years ago and the flat roof at the rear was renewed in 2022.

Ratable Value
According to the Valuation Office website, the property has a rateable value of £7,100 with effect from the 1st April 2023. The property benefits from Small Business Rates Exemption.

Lower ground floor
Private accommodation comprising lounge, bedroom, work room, bathroom

Ground floor
Entrance hall, lounge bar, dining room, rear hallway, kitchen, utility room, office

First floor
Seven bedrooms

Second floor
Six bedrooms

Outside
South facing patio area at the front

Viewings
Open viewings are arranged in conjunction with the vendors and the next are on Friday 6 September. To book an appintment please call the Norwich office.

EPC Rating: B

Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.