For sale by auction on Wednesday, 16 Jun 2021 at 11:00
Venue: Livestream Auction
Well presented nine bedroom Guest House located within walking distance of Marine Parade, beach and sea
The mid terrace property has been run as a guest house called Shemara for many years and has proven to be popular with many returning guests. The property is in good decorative order and viewing is highly recommended. All business furniture and fittings including crockery, cutlery, beds, bedding and televisions are included in the sale. There is a fire alarm and fire doors fitted.The property is double glazed and has gas fired central heating.
According to the valuation office the property has a rateable value of £3,800. No rates are payable.
Lower Ground Floor: Three basement rooms.
Ground Floor: Entrance hall, shower room, guest lounge, dining room, kitchen, utility room, bedroom 9 ensuite, bedroom 10 ensuite
First Floor: Landing, bedrooms 2 to 7 ensuite
Outside: To the front there is a small forecourt with low brick walling and wrought iron gate and railings. To the rear there is an enclosed yard with rear gate and steps up to balcony (off bedroom 5).
EPC Rating: C
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.