Guest House for sale

The Keswick, Walcott Road, Bacton, Norwich, England, NR12 0LS

£465,000

Property Description

Commercial information

  • Business for sale

Key features

  • Excellently refurbished property
  • 12 letting rooms, 10 en suite
  • Dining room & lounge areas
  • Limited trading from only three letting rooms
  • Substantial growth potential
  • Owner's accommodation. Energy Rating D

Full description

Tenure: Freehold

Description

A substantial brick built property with accommodation on ground and upper floors which has been the subject of extensive improvement and refurbishment. The principal public areas are on the ground floor, the letting rooms being located on each level. The Keswick also has extensive car parking to the side and rear, a grassed area at the back of the property as well as direct access to the beach.

Only three rooms of the total room stock is let, by choice, and there is thus very significant growth potential open to new owner operators.

Further images and information are available to view at: www.keswickhotelbacton.co.uk.

Location

The property is on Walcott Road in the Norfolk coastal village of Bacton, with approximate distances being: North Walsham 5 miles, Aylsham & Cromer each 13 miles, and the City of Norwich 20 miles. Stalham, the Norfolk Broads and the well known towns of Happisburgh and Mundesley are also only short drives away. Trunk road access to Bacton is via the B1159 which leads to the nearby A149 coast road.

Ground Floor

Main entrance area to reception lobby
• Vending area with drinks and snack machine
• Resident's Lounge
• TV lounge
• Attractive dining room leading to conservatory; these two rooms can be used separately or combined with a total capacity for around 50 diners
• Customer WC's
• Kitchen, service and storage accommodation
• Office
• Level cellar
• Laundry area.

Letting Accommodation

The Keswick has 12 letting bedrooms and suites, 10 having en suite facilities:
• One four poster bedroom with shower en suite
• Two single bedrooms with bathrooms en suite
• Seven twin/double bedrooms, five with showers en suite
• One family room with second bedroom (which can be let separately) and bathroom en suite.

The letting rooms have been individually decorated and many have spectacular sea views; all rooms have a TV/hospitality tray/iron & ironing board with hairdryers being available on request. Room rates range from £59.95 to £129.95, including VAT and breakfast, dependant upon room type, occupancy and time of year.

External Details

• Extensive car parking to the side and rear of the property together with easy and direct access to the beach and sea
• Grassed garden
• Rear yard
• Bin/delivery area.

Owner's Accommodation

Self contained and located on the first floor: a double and two single bedrooms, bathroom and sitting room with large window overlooking the sea.

The Opportunity

The Keswick was acquired by our clients in 2007, the property has subsequently undergone a complete transformation. Now fully refurbished and upgraded, the business operates as a very high quality year-round bed and breakfast operation, albeit on a limited basis, which has attracted a 4 AA Star Guest Accommodation rating and excellent TripAdvisor reviews. Given the limited letting room business undertaken, there is significant further growth potential not only in room revenue terms but also by way of offering food and liquor - also not offered extensively - and is thus a very good opportunity for new operators to build on the refurbishment works put in place by the vendors, particularly in view of the proximity of Bacton gas terminal - the largest in Europe - located nearby and which has been a source of profitable commercial business in the past.

In light of the undoubted opportunities open to new operators, we recommend an early viewing.

Staff

Owner operated by our two full time clients only.

Trading Information

More financial information is available to interested parties who have viewed.

Business Rates

The property has an E Band (residential) rating at an annual cost of £2,107.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • North Walsham (5.1 mi)
  • Worstead (6.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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

  • North Walsham (5.1 mi)
  • Worstead (6.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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 1446646-fh. 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 Christie & Co , Ipswich. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.