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13 bedroom hotel for sale

Paragraph Hotel, 6 Cheapside, North Circular Road, London, N13 5ED

Guide Price
£1,850,000
Strettons, Strettons Auctions
PROPERTY TYPE

Hotel

BEDROOMS

13

BATHROOMS

13

SIZE

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Description

** For sale by public auction on 19th February at 12:00 **

Location & Description
A fully operational hotel arranged over four floors, comprising 13 en-suite bedrooms. The property benefits from both C1 and C3 use and includes a licensed bar/caf area. The owner advises that the business currently generates a turnover of approximately £320,000 per annum. We are further advised that future bookings are in place, and the seller is willing to discuss their transfer to a purchaser.

The property is situated just off the Great Cambridge Roundabout, on the Palmers Green/Edmonton border. The property occupies a position just off the North Circular (A406) in a predominantly residential neighbourhood with local shops and amenities close by. It lies approximately 8 miles (1213 km) north of Central London, with Tottenham Hotspur Stadium around 2 miles to the south-west and good transport links to central London and surrounding areas.

Accommodation
Basement: Comprising utility room & four bedrooms, each with ensuite shower room.
Ground Floor: Comprising reception area, bar, toilet & three bedrooms each with ensuite shower room.
First Floor: Comprising three bedrooms each with ensuite shower room.
Second Floor: Comprising three bedrooms each with ensuite shower room.

GIA: 3,157 sq. ft. (293.3 sq. m.)



Note
More details on the hotel available at:

Auction Surveyor: Stuart Mackay
Contact: /
stuart.

OFFERED VACANT

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Brochures

Legal Documents

Paragraph Hotel, 6 Cheapside, North Circular Road, London, N13 5ED

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Silver Street Station0.6 miles
  • Palmers Green Station1.0 miles
  • White Hart Lane Station1.1 miles

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Notes

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Disclaimer - Property reference 327926. 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 Strettons, Strettons Auctions. 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 Strettons, Strettons Auctions on 020 3840 3721.

*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.”

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