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16 bedroom detached house for sale
North Drive, Great Yarmouth
£725,000
North Drive, Great Yarmouth
£725,000
Price History
Initial price | £750,000 |
03/05/25 | £725,000 |
Price Change | -3.33% |
Description
This is a unique business opportunity to acquire a 16-room hotel located in a prime seafront position in Great Yarmouth. The property, which has been trading for many years, offers a substantial three-story building with 16 guest bedrooms, most with en-suite facilities, and many with sea views. The ground floor features a lounge, bar, sitting room, and large dining room, as well as the owner's accommodation, including an office, bedroom, and large kitchen. The property also has a surfaced forecourt providing ample car parking. The hotel is fully fitted and comes with a website, with current bookings to be transferred to the new owners. The property is being sold as a leasehold, with 882 years remaining on the 999-year lease, and a ground rent of £12 per annum. This is an attractive proposition for an owner-operator looking to scale the business to suit their own circumstances. Viewings are strictly by appointment with the selling agents.