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16 bedroom detached house for sale
North Drive, Great Yarmouth
£700,000
North Drive, Great Yarmouth
£700,000
Price History
Initial price | £750,000 |
03/05/25 | £725,000 |
03/09/25 | £700,000 |
Price Change | -6.67% |
Description
This is a unique business opportunity to acquire a 16-room hotel located in a prime position on Great Yarmouth's North Drive seafront, just a stone's throw from the beach and numerous attractions. The hotel, which has been trading for many years, offers a range of guest bedrooms, most with en-suite facilities, and benefits from a spacious lounge, bar, dining room, and owner's accommodation. The property also features a large kitchen, a surfaced forecourt providing ample car parking, and is serviced by mains electricity, water, and drainage. The hotel is an established business with a strong reputation, and the current owners are willing to transfer bookings to the new owner. With a 999-year lease remaining and a ground rent of just £12 per annum, this is an attractive proposition for anyone looking to acquire a lifestyle business or scale it to suit their own circumstances.