Property photos
Freehold
£180,000
(£77.89/sq. ft)
Hotel for sale
Wellesley Road, Great Yarmouth NR302,311 sq. ft
Local area information
Property location
Nearby amenities
- Novaturient School (SEN) 0.1 miles
- St Nicholas Priory CofE VA Primary School 0.3 miles
- Great Yarmouth 0.6 miles
- Berney Arms 4.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Former B&B close to the beach! Spacious investment property in Great Yarmouth, Norfolk.
Full Description
A unique opportunity to purchase a spacious investment property in Great Yarmouth, Norfolk.
Located on Wellesley Road, the property was formerly a B&B and has been gutted ready for renovation. Due to other projects, the current owner has decided to put the property on the market and pass the opportunity on to someone else.
Just a stones through from a highly popular beach and close to many local amenities, the property is ideal for a renovation back to its former glory as a popular B&B.
The layout also lends itself perfectly to a residential conversion to 3 flats, or a large family home.
The property is spread across 3 floors and also has a spacious attic for storage, a lean to/courtyard area to the rear and UPVC double glazed windows throughout.
This is the perfect project for investors and developers as it has been stripped back to its original features and is ready to start work on from day one.
If converted into flats or apartments, we would expect each unit to be marketed for £125,000 + or a rental value of £650 - £700 each per calendar month.
The area is a popular tourist destination and has many successful hotels and guest houses in the area, so high occupancy rates throughout peak periods would be expected and presents a fantastic business opportunity for someone looking to get started in the leisure and hospitality industry.
Property dimensions:
Basement
Room 1 - 15”2 x 14”2 (4.63M x 4.31M)
Room 2 - 13”5 x 11”10 (4.10M x 3.60M)
Room 3 - 11”9 x 11”6 (3.59M x 3.50M)
Room 4 - 11”6 x 9”10 (3.50M x 3.00M)
Hallway - 1.80M x 8.09M
Ground floor
Room 5 - 17”2 x 14”9 (5.23M x 4.50M)
Room 6 - 13”1 x 12”6 (4.00M x 3.80M)
Room 7 - 11”10 x 11”2 (3.60M x 3.40M)
Room 8 - 11”2 x 10.6 (3.40M x 3.20M)
WC - 7”2 x 2”11 (2.19M x 0.89M)
Hallway - 1.55M x 8.40M
First floor
Room 9 - 18”11 x 15”3 (5.78M x 4.64M)
Room 10 - 14”5 x 13”5 (4.39M x 4.08M)
Room 11 - 11”7 x 11”1 (3.53M x 3.39M)
Room 12 - 11”7 x 10”6 (3.53M x 3.20M)
Landing - 1.70M x 4.39M
For more information on this property or to arrange a viewing, please contact Jack Taylor at Paul Hubbard Commercial.
Location
This property is located in the popular town of Great Yarmouth, the UK's third most desired seaside destination with over 15 miles of sandy beaches and also adjoining to the highly sought-after Norfolk Broads. The town benefits from a wide range of local amenities and great leisure facilities including schooling, supermarkets, shopping centre, pubs, restaurants, bars, cinema, swimming pool and theme parks. The town has its own train and stations with fantastic transport links into the Cathedral City of Norwich (approx. 30 min drive).
Parking Notes
Permit parking
Full Description
A unique opportunity to purchase a spacious investment property in Great Yarmouth, Norfolk.
Located on Wellesley Road, the property was formerly a B&B and has been gutted ready for renovation. Due to other projects, the current owner has decided to put the property on the market and pass the opportunity on to someone else.
Just a stones through from a highly popular beach and close to many local amenities, the property is ideal for a renovation back to its former glory as a popular B&B.
The layout also lends itself perfectly to a residential conversion to 3 flats, or a large family home.
The property is spread across 3 floors and also has a spacious attic for storage, a lean to/courtyard area to the rear and UPVC double glazed windows throughout.
This is the perfect project for investors and developers as it has been stripped back to its original features and is ready to start work on from day one.
If converted into flats or apartments, we would expect each unit to be marketed for £125,000 + or a rental value of £650 - £700 each per calendar month.
The area is a popular tourist destination and has many successful hotels and guest houses in the area, so high occupancy rates throughout peak periods would be expected and presents a fantastic business opportunity for someone looking to get started in the leisure and hospitality industry.
Property dimensions:
Basement
Room 1 - 15”2 x 14”2 (4.63M x 4.31M)
Room 2 - 13”5 x 11”10 (4.10M x 3.60M)
Room 3 - 11”9 x 11”6 (3.59M x 3.50M)
Room 4 - 11”6 x 9”10 (3.50M x 3.00M)
Hallway - 1.80M x 8.09M
Ground floor
Room 5 - 17”2 x 14”9 (5.23M x 4.50M)
Room 6 - 13”1 x 12”6 (4.00M x 3.80M)
Room 7 - 11”10 x 11”2 (3.60M x 3.40M)
Room 8 - 11”2 x 10.6 (3.40M x 3.20M)
WC - 7”2 x 2”11 (2.19M x 0.89M)
Hallway - 1.55M x 8.40M
First floor
Room 9 - 18”11 x 15”3 (5.78M x 4.64M)
Room 10 - 14”5 x 13”5 (4.39M x 4.08M)
Room 11 - 11”7 x 11”1 (3.53M x 3.39M)
Room 12 - 11”7 x 10”6 (3.53M x 3.20M)
Landing - 1.70M x 4.39M
For more information on this property or to arrange a viewing, please contact Jack Taylor at Paul Hubbard Commercial.
Location
This property is located in the popular town of Great Yarmouth, the UK's third most desired seaside destination with over 15 miles of sandy beaches and also adjoining to the highly sought-after Norfolk Broads. The town benefits from a wide range of local amenities and great leisure facilities including schooling, supermarkets, shopping centre, pubs, restaurants, bars, cinema, swimming pool and theme parks. The town has its own train and stations with fantastic transport links into the Cathedral City of Norwich (approx. 30 min drive).
Parking Notes
Permit parking
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
Paul Hubbard Commercial Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - Paul Hubbard Commercial Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Paul Hubbard Commercial Ltd for full details and further information.