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Get brand editions for Ivy & Stone, Covering East London and West Essex
COMMERCIAL

8 Ethelbert Crescent, Margate, Kent, CT9

Guide Price
£900,000
Ivy & Stone, Covering East London and West Essex
PROPERTY TYPE

Hotel

BEDROOMS

10

BATHROOMS

10

SIZE

Ask agent

Key features

  • HOTEL WITH PLANNING SELF CONTAINED FLATS
  • JUST UNDER 4000 SQFT
  • OPERATIONAL HOTEL
  • 10 ROOMS
  • 10 BATHROOMS
  • SELF CONTAINED FLAT

Description

Welcome to Ethelbert Crescent, Margate, where an exceptional investment opportunity awaits! This magnificent property presents a spacious 10-bedroom hotel with self-contained flat, promising endless potential for growth and profitability. Boasting a prime location and a sprawling area of just under 4000 sqft, this property stands as a true gem in the buzzing heart of Margate.

Upon entering, the hotel exudes an air of grandeur, offering a warm and welcoming atmosphere to all visitors. The expansive reception area greets guests, setting the tone for the remarkable experience that lies within. With not one, but ten generously proportioned rooms and bathrooms, this establishment provides ample space to accommodate visitors in comfort and style.

As you explore the hotel, you will discover the meticulous attention to detail put into each room, ensuring the utmost luxury and relaxation for your guests. The tastefully decorated bedrooms create a haven for a relaxing and memorable stay, while the en-suite bathrooms provide convenience and privacy.

In addition to the exceptional hotel facilities, the property also features self-contained flats. This unique feature offers the opportunity to generate multiple streams of income, making it a highly attractive investment prospect. These flats provide a separate living space, making them ideal for long-term rentals or even short-stay options, such as vacation rentals or self-catering accommodations.

The hotel's prime location in Margate further elevates its appeal. Known as a vibrant seaside town, Margate is a popular tourist destination with its stunning beaches, historic sites, and exciting entertainment options. Visitors flock to the area year-round, offering ample possibilities for maximizing occupancy rates and revenue.

This exceptional property is ready for an ambitious investor to take the reins and create a thriving business. Whether you choose to continue operating the hotel or explore alternative options, the extensive potential for this property provides an exciting journey, limited only by your imagination.

Don't miss your chance to secure this outstanding opportunity at auction. The sale by auction format adds an element of excitement and ensures a fair and transparent process for all interested parties. Act now and seize this chance to make your mark in the ever-thriving hospitality industry.

Contact us today to arrange a viewing and explore the countless possibilities that this exceptional 10-bedroom hotel with self-contained flat has to offer. The time is now to invest in your prosperous future in Margate's booming hospitality sector!

8 Ethelbert Crescent, Margate, Kent, CT9

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Margate Station1.0 miles
  • Westgate-on-Sea Station2.5 miles
  • Broadstairs Station2.8 miles
Get brand editions for Ivy & Stone, Covering East London and West Essex

About Ivy & Stone, Covering East London and West Essex

1 Dock Road, Royal Victoria, London, E16 1AG

Covering West Essex & East London we offer a bespoke service to each client, depending on their individual needs. Every aspect of your sale or let is managed by one person from valuation to completion. The aim at Ivy & Stone is to ensure a smooth journey from start to finish.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference VYS_VYS_LFSYCL_939_1084406256. 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 Ivy & Stone, Covering East London and West Essex. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Ivy & Stone, Covering East London and West Essex on 020 7046 0338.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

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