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Under offer

Hotel

Whitley Bay £330,000 Freehold REF: NE1442

Location

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. 

Business

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. 

Property

Comprises a mid - terrace 3 storey building of rendered brick construction in immaculate condition.  Accommodation;

Ground Floor

Entrance Lobby

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

Owners Bathroom

External

Enclosed Yard.

Off street parking.

First Floor

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.      

Second Floor

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.

Bedroom 8           

Services

The property has double glazing and gas central heating installed throughout.

Rates

The premises are assessed as follows:

Rateable Value    £5,100

Rates free incentives subject to status.

Tenure

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.

EPC

Rating – C.

 

 

 

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