Fantastic business opportunity in the heart of South Shore. 7-bedroom mid-terraced Guest House near Promenade. Well-equipped with licenced bar, en-suite rooms, and private Living Quarters. Recently updated roof and outdoor space.

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £120,000.

Nestled in the heart of the vibrant South Shore area, this 7-bedroom mid-terraced property operates as a Guest House, offering a fantastic business opportunity. Conveniently located near the iconic Promenade, popular tourist attractions, and a host of local amenities, the property boasts a Guest Reception/Dining Room complete with a licenced bar and well equipped kitchen. The 7 well-appointed Guest Bedrooms, all with en-suites, ensure a comfortable stay for visitors. Additionally, the private Living Quarters feature a Lounge, Bedroom, Office/Storage Room, and Utility area for the owner's convenience. With a substantial portion of the roof recently replaced in 2023 with new slate tiles and a fibreglass roof on the extension, this property is well-maintained and ready for new ownership.

The property's appeal extends beyond its interior, with an outdoor space that complements the bustling atmosphere of South Shore, perfect for enjoying the fresh sea air.

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'.

This auction lot is being sold either under 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 Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

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 of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

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.

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 equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. 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 necessary or beneficial to the customer to pass their 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.

Hallway

Reception/Dining Room 30' 0" x 15' 8" (9.14m x 4.78m)

Kitchen 8' 6" x 14' 10" (2.58m x 4.52m)

Private Living Quarters:

Lounge 12' 9" x 11' 2" (3.88m x 3.41m)

Bedroom 14' 5" x 10' 9" (4.39m x 3.28m)

Office/Storage Room 8' 6" x 11' 6" (2.59m x 3.50m)

Bathroom 6' 10" x 5' 7" (2.08m x 1.70m)

Utility Room 11' 7" x 5' 5" (3.53m x 1.66m)

Landing

Bedroom 1 7' 10" x 8' 6" (2.40m x 2.59m)
With en-suite

Bedroom 2 7' 9" x 8' 8" (2.36m x 2.63m)
With en-suite

Bedroom 3 8' 5" x 8' 0" (2.56m x 2.44m)
With en-suite

Bedroom 4 8' 2" x 8' 11" (2.49m x 2.71m)
With en-suite

Bedroom 5 6' 1" x 14' 10" (1.85m x 4.51m)

Bedroom 6 13' 7" x 8' 3" (4.15m x 2.51m)
With en-suite

Bedroom 7 10' 3" x 8' 6" (3.12m x 2.59m)
Bedroom