Property for sale in Victoria Terrace Lowestoft NR33

Sale Price: £295,000

Victoria Terrace Lowestoft, NR33 0QJ

Property
-- Bed(s)
-- Bath(s)
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Street Address

Victoria Terrace Lowestoft, NR33 0QJ

Property description

Located just off the seafront and promenade, this bar / restaurant and 10 bedroom hotel is in a great position for tourists and locals being opposite the Hatfield Hotel, Passion Nightclub and Drive Thru KFC and next door to the Pot Black Snooker and Pool Club.





The Property comprises a semi-detached predominantly 2-storey building of brick construction under a mainly pitched slate covered roof. There is a single storey extension at ground floor level housing the kitchen which has a flat roof.

Accommodation in brief
Ground Floor?Reception with adjacent office.?Restaurant and bar for approximately 50 covers.?Customer WCs.?Kitchen and store area.?Rear Cellarage.Two double guest ensuite bedrooms one of which is equippedfor disabled customers.First Floor?Eight double ensuite guest bedrooms.?Linen cupboard.

Legal Costs
Each party to be responsible for their own legal costs incurred in any transaction.

Trade
The business is closed and no trading information relating to the previous business will be made available.

Tenure
The property is held freehold.

Planning
We understand that the present use as a restaurant, bar and hotel is lawful. However, we would advise all potential purchaser?s to contact the local planning department of Waveney District Council to confirm this. Waveney District Council can be contacted on 01502 562111.

Business Rates
2010 Rateable Value is £37,500. The amount payable the £ for 2015/16 is 49.3p.

Price
Offers invited in the region of £295,000.

Viewing and Further Information
Viewing strictly by prior appointment with the agents:-Luke Cutler - Lambert Smith Hampton 07979 541 244 LCutler@lsh.co.ukorMark Duffield / Mike Younger - Aldreds 01493 853853 commercial@aldreds.co.uk

Property Features :

  • 415 sq m (4,4650 sq ft)
  • Bar, Restaurant and 10 Bedroom Ensuite Hotel
  • Tourist Location
  • Freehold Property
  • Prominant Road Site Position
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