Our Summary

• Guide Price £400,000-£500,000 * Plus 5% Buyers Premium + VATFor sale by unconditional online auction
• This impressive three-storey property is currently a fully operational hospitality business and offers exciting redevelopment potential (subject to the necessary planning permissions)
• With its expansive layout, sea views, operational setup, and scope for redevelopment, this property represents a truly flexible investment
• Thus making for an ideal opportunity for a new owner to take over a well-established business or explore alternative development options
• Offering versatile development potential, the property lends itself to a variety of future usesincluding conversion into multiple self-contained apartments, a house in multiple occupation (HMO), or continued use as a guest house or serviced accommodation
• Whether you're an investor seeking a high-yield asset, a developer looking for a coastal conversion project, or an entrepreneur stepping into the hospitality sector, this property delivers both immediate value and long-term opportunity
• With its expansive layout, sea views and operational setup, it offers excellent potential for continued hospitality use
• Alternatively, the property is ideally suited for redevelopment into self-contained apartments or an HMOsubject to the necessary consentsmaking it an attractive prospect for developers and investors alike
• The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
• Pre Auction Offers Are ConsideredThe 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,