Guest House for sale

55 Ocean Road, South Shields, NE33

Under Offer £325,000

Property Description

Commercial information

  • Use class orders: C1 Hotels

Key features

  • Prominent Position
  • End of Terrace
  • 6 Bedroom Guest House
  • Freehold Title

Full description

The subject property is a end terrace, two storey, six bedroom guest house. The property is based over three floors and fronts onto Ocean Road. Set within a mixed commercial and residential location the property has the potential to convert to C3 residential use classification, subject to the necessary planning consent.

Internally the property comprises of office/lounge, dining room and kitchen to the ground floor. Three bedrooms are located to the first floor, with three located to the second floor.

LOCATION
The subject property is located on Ocean Road, South Shields, which lies approximately 8 miles north of Sunderland and 12 miles east of Gateshead. South Shields also lies within close proximity to the Tyne Tunnel with convenient links to the A19 and A185. The Atlantis Guest House occupies a prominent position on Ocean Road. The area benefits from a reasonable level of services and facilities together with good levels of footfall and passing trade.

ACCOMMODATION
Two storey end terrace premises comprising:

Access from street level leading to:

GROUND FLOOR:
Reception lounge/office, dining room, kitchen.
FIRST FLOOR
3 x luxury bedrooms with en-suite bathroom facilities.
communal W.C. facilities.
SECOND FLOOR
1 x luxury bedroom en-suite bathroom facilities.
1 x luxury family bedroom with en-suite bathroom facilities.
1 x single luxury bedroom with en-suite bathroom facilities.

Decking lies to the side elevation.

TENURE
Freehold.

BUSINESS DETAILS
The business currently trades as 'Atlantis Guest House' which is fully fitted and equipped for the trade. The business has accrued a well-respected reputation over the years. The business provides 6 bedroom guest house. We have been advised that the net turnover between 2015 and 2016 is to be confirmed. Accounts available on request.

EPC
We currently await a copy of the EPC.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We are advised that VAT is not payable on this transaction.

Nearest stations

  • South Shields (0.3 mi)
  • Chichester (0.7 mi)
  • North Shields (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Shields (0.3 mi)
  • Chichester (0.7 mi)
  • North Shields (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5473. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.