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Serviced studio apartment for sale
Cliff House Holiday Cottages, Crewe Street, Seahouses, Northumberland
£500,000
Cliff House Holiday Cottages, Crewe Street, Seahouses, Northumberland
£500,000
Our Summary
- Ideal investment opportunity
- Huge scope to increase turnover
- EPC rating E/E/E/E Auction Guide Price £500,000 + Ref I014 Live Auction on Monday 30th September 2024 - Option 1For Sale by Auction
- Terms and Conditions apply, see auction property is offered at a guide price and is also subject to a reserve price
- The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
- Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Description
This property consists of four self-contained holiday cottages in a popular tourist coastal location, just 50 meters from the harbour. The cottages have undergone a full refurbishment and are presented to a high standard. The property also features a private carpark and courtyard, making it an ideal investment opportunity. The current turnover is £74,920 per annum (2022) and £65,573 (2023), with huge scope to increase revenue. The property has an EPC rating of E/E/E/E and is being sold by auction with a guide price of £500,000+ and a reserve price that remains confidential. The successful buyer will pay a £2,000+VAT (total £2,400) fee.