Whitley Bay is a pleasant coastal town approximately 10 miles due east of Newcastle upon Tyne and well served by road and public transport links.
This hotel opportunity is located Esplanade which is one of the main routes leading from the town centre towards the seafront and is an area long associated with Guesthouse, Hotel and B & B accommodation. Whitley Bay has undergone, and continues to enjoy, significant local authority investment which has included the rebirth of Spanish City into a food and leisure centre and traffic and pedestrian access upgrades.
This hotel and guesthouse has a built up a loyal customer base and accommodates commercial and leisure travellers. The quality of the accommodation reflects the type of client and tariffs charged. The fit and finish is as good as we have seen and there is little for any new owner to attend to on acquisition.
The business has a website www.metropolitan.co where potential guests can see further information about the hotel, make bookings and discover what’s on offer during their stay.
Comprises a mid - terrace 3 storey building of rendered brick construction in immaculate condition. Accommodation;
Dining Room 5.11m x 5.41m
Kitchen / Diner 5.92m x 3.73m
Utility Room 3.73m x 2.62m
Owners Lounge 6.78m x 4.27m
Owners Bedroom 3.53m x 2.69m
Study / Store 3.38m x 2.18m
Off street parking.
Bedroom 1 2.90m x 3.02m single with en-suite.
Bedroom 2 4.57m x 2.82m double with en-suite.
Bedroom 3 4.39m x 4.14m double with en-suite.
Bedroom 4 5.59m x 4.37m family with en-suite.
Bedroom 5 3.73m x 2.67m single with en-suite.
Bedroom 6 5.03m x 2.72m double with en-suite.
Bedroom 7 7.32m x 4.04m family with en-suite.
The property has double glazing and gas central heating installed throughout.
The premises are assessed as follows:
Rateable Value £5,100
Rates free incentives subject to status.
We are verbally informed that the property is Freehold.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Rating – C.