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18 bed hotel
Chesterton Road, Cambridge CB4
£3,000,000
Chesterton Road, Cambridge CB4
£3,000,000
Our Summary
- The Detached annex currently has planning permission to be converted into three stand alone flats as separate dwellings and the planning reference number is 17/0228/ful
- This type of property is rarely available and offers massive potential by way of a contained guest house with potential to add further rooms by converting existing living quarters, serviced accommodation and even conversion into individual units subject to planning permission
- Planning permission to convert annex to three one bedroom flats
- Potential to add further rooms
- Rare investment opportunity
Description
Acorn House, a generous guest house located on Chesterton Road in Cambridge, is being offered for sale by Radcliffe & Rust Estate Agents. The property boasts 11 en-suite rooms, a dining room, kitchen, and living quarters with two further bedrooms, all spread across three floors. There is also a detached annex to the rear, which has planning permission to be converted into three standalone flats. Currently, the property has 15 lettable rooms, all with en-suites, as well as a one-bedroom self-contained apartment. The property has a freehold tenure and an energy rating of C. With its prime location, ample accommodation, and potential for further development, this guest house is a rare opportunity for investors or entrepreneurs looking to establish a thriving business in Cambridge.