Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £140,000
Please note, any viewings or offers that take place from this moment must be placed through the auction T&Cs as per the Sellers agreement.

This impressive mixed-use property presents a lucrative investment opportunity in a highly desirable location, just moments from the seafront and within close proximity to a range of local amenities and excellent transport links. Currently operating as a six-bedroom hotel, the property is offered for sale on a freehold basis via the Modern Method of Auction with Pattinsons, providing flexibility for both experienced investors and those seeking a spacious residential dwelling (subject to the necessary approvals). The well-designed layout begins with a welcoming hallway that provides access to the reception area, a comfortable lounge, the first bedroom complete with its own en-suite bathroom, a separate bathroom, both areas of the generously sized kitchen, and a practical utility room. Stairs ascend to a bright landing on the upper floor, which houses four further bedrooms, each benefiting from private en-suite facilities, ensuring maximum comfort and privacy for guests or family members. The basement level offers additional versatility with a private bathroom and a well-proportioned bedroom, ideal for staff accommodation, guest use, or conversion to suit individual requirements. Throughout, the property is presented to a good standard, with modern fixtures and fittings that enhance its appeal as a hospitality venue or a substantial family home. The configuration of the accommodation allows for a seamless transition between commercial and residential use, making this an attractive proposition for buyers seeking multiple options for future development. Whether retained as a thriving hotel business or transformed into a spacious home with ample room for extended family living, this property’s adaptable layout and prime location are sure to impress. The sale by modern auction offers a transparent and accessible route to purchase, appealing to a wide range of buyers. Early viewing is highly recommended to appreciate the scope and potential of this unique property in a sought-after coastal setting.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service.

Hallway

11.27m x 1.58m

Reception Area

2.24m x 4.6m

Lounge Area

4.2m x 4.31m

Bedroom 1

2.46m x 3.71m

En-suite

0.97m x 2.1m

Bathroom

2.92m x 2.95m

Kitchen

3.51m x 2.04m

Kitchen

2.03m x 5.13m

Utility

2.37m x 2.12m

Landing

1.16m x 1.97m

Landing

2.82m x 0.9m

Bedroom 2

3.5m x 3.74m

En-suite

0.83m x 2.55m

Bedroom 3

4.22m x 3.29m

En-suite

1.19m x 1.86m

Bedroom 4

3.12m x 2.49m

En-suite

1.46m x 0.89m

WC

1.66m x 0.76m

Landing

0.93m x 1.36m

Bedroom 5

2.53m x 4m

En-suite

2.47m x 1.11m

Basement Hallway

6.97m x 1.45m

Basement Bathroom

1.16m x 4.23m

Basement Bedroom

3.72m x 3.8m