363 Marine Road East, Morecambe, Lancashire, LA4 5AQ
- PROPERTY TYPE
Terraced
- BEDROOMS
14
- BATHROOMS
14
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Impressive 12-bedroom guest house, with all bedrooms benefiting from en-suite facilities, positioned prominently on the seafront at Marine Road East, Morecambe.
- Recent annual turnover in the region of £90,000, providing an established trading history and an attractive opportunity for an investor or experienced hospitality operator.
- Separate 2-bedroom, 2-bathroom annexe, offering excellent flexibility as owner/manager accommodation or potentially providing an additional income stream, subject to any necessary consents.
- Beautifully presented and ready to continue trading, meaning a new owner can acquire an established business without the need for significant immediate refurbishment
- Prime coastal location with significant underlying property value, offering investors the combination of an established hospitality business, substantial accommodation and potential for future...
- Auction Date: 12th November - Please note you need to register to bid
Description
An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe. The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location
Description
The Shipping Lanes, 363 Marine Road East, Morecambe, LA4 5AQ
An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe. The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location. Presented to a high standard throughout, the guest house is ready for a new owner to step in and continue trading, making this an exciting proposition for both experienced hospitality operators and investors looking to acquire a substantial income-producing asset.
Adding further appeal is a separate two-bedroom, two-bathroom annexe, offering ideal accommodation for an owner, resident manager or staff member, allowing the business and residential accommodation to operate independently. With its enviable seafront location, substantial bedroom capacity, separate living accommodation and ready-to-trade condition, The Shipping Lanes represents a rare opportunity to acquire a sizeable hospitality business in a prominent coastal setting. Offered for sale by auction, early viewing is strongly recommended to appreciate the scale, presentation and potential of this impressive property.
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 371265. 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 Town & Country North West, Liverpool. 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 Town & Country North West, Liverpool on 0151 453 3527.
*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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