Mablethorpe, Lincolnshire, An excellent opportunity to

Pygott & Crone - Commercial

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· Joined: Feb 17, 2011

£450,000

Mablethorpe, Lincolnshire, An excellent opportunity to

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Mablethorpe, Lincolnshire, An excellent opportunity to in Mablethorpe LIN is a House

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Price:

£450,000 Get Prequalified Today

Contact:

01522 536777

Location:

Mablethorpe, Lincs

Description:

An excellent opportunity to acquire this established 4* guest house situated in a prime position in Queens Park, Mablethorpe. The property comprises a substantial 3-storey detached house which includes 6 letting bedrooms, guest dining room, lounge, catering kitchen, separate cafe and owners accommodation, and a further 2 bedroom cottage. It is located less than 50 yards away from the beach and is ideally situated for all the attractions of the seafront. The business shows a strong level of profit and is offered together with the freehold of the property. Alternatively, there may be the option to lease the property.

SITUATION
Mablethorpe is a small seaside resort situated on Lincolnshire's east coast approximately 17 miles north of Skegness. It has a wide range of attractions including a boating lake, mini-golf, tennis courts, miniature railway, bowling green, children's play area and an outdoor paddling pool.
LOCATION
Colours Guest House is located in a prime position in Queens Park in Mablethorpe. The house and gardens have a fantastic view of Queens Park lake and are less than 50 yards away from Mablethorpe's beautiful sandy beach.
ACCOMMODATION
The property comprises a substantial three-storey detached house and offers the following accommodation, all of which has been recently refurbished to an extremely high standard.
The accommodation more particulalry comprises:
ENTRANCE PORCH & HALLWAY
Leading through to:
RECEPTION AREA

OFFICE / STORAGE ROOM
9.02 sq m (97.10 sq m)
DINING ROOM / LOUNGE
46.18 sq m (497.11 sq m)
CATERING KITCHEN
25.51 sq m (274.64 sq ft)
With fully fitted stainless teel appliances (a full list of equipment is available on request).
CAFE
21.77 sq m (234.33 sq ft)
With counter and refrigeration units and doors opening onto the attractive front garden seating area which overlooks the boating lake. The cafe provides for 12 indoor covers with an additionbal exterior seating area for 24 covers. It also offers a takeaway service.
BEDROOMS
There are 6 letting bedrooms all offering en suite / private facilities, with satellite TV, well stocked hospitality tray, hairdryer and thermostatically controlled central heating:
BEDROOM 1 (GROUND FLOOR)
17.06 sq m (184 sq ft)
With fully DDA compliant accommodation and wet room.
BEDROOM 2 (FIRST FLOOR)
9.71 sq m (105 sq ft)
BEDROOM 3 (FIRST FLOOR)
15.57 sq m (168 sq ft)
BEDROOM 4 (FIRST FLOOR)
12.87 sq m (139 sq ft)
BEDROOM 5 (FIRST FLOOR)
10.52 sq m (113 sq ft)
BEDROOM 6 (FIRST FLOOR)
10.58 sq m (114 sq ft)
SECOND FLOOR
Owners accommodation including en suite bedroom and sitting room / office which could alternatively be used for letting accommodation.
2 BED COTTAGE
There is a separate 2 bedroom cottage included with the property which comprises a ground floor living room / kitchen, bathroom and 2 x first floor bedrooms.
OUTSIDE
The property is surrounded by attractive gardens and has a gravelled car park providing off-road parking for several vehicles.
BUSINESS
The freehold property and business to include fixtures and fittings (a full list of which is available on request) and goodwill is available at offers in the region of 450,000.
* Visit Britain Four Star Award
* Three Star Excellent Award for Food Hygiene
* National Clean Air Gold Award
Alternatively, the current owner may consider selling the business and leasing the property on a new lease at terms to be agreed.

SERVICES
All mains services are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.
RATES
We have been verbally informed by the local authority that the Rateable Value of the guest house and premises is 2,750. The property benefits from a small business rates relief. Interested parties are advised to make their own enquiries with East Lindsey District Council for verification purposes.
The separate cottage has a Council Tax Band of A.
VIEWING
Viewing is strictly by appointment with the sole agents:
Pygott & Crone
Lawrence House
27-29 Clasketgate
Lincoln
LN2 1JJ
Tel: 01522 536777
Fax: 01522 787603
NOTE
The Money Laundering Regulations 2007 has been extended to include estate agency work with the definition of relevant business. Estate agency is as defined in the Estate Agents Act 1979. Auctioneers and estate agents will have to put certain anti-money laundering procedures into place. Failure to do so will be a criminal offence that carries a penalty of a maximum of two years imprisonment, or a fine or both.
The principal requirements are identification of clients, record keeping, internal reporting procedures and employee training and awareness.

This footer paragraph is an example only and should not be relied upon as complying with current legislation. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Property Type:

Single-Family Houses

Sq feet:

114 sq. ft.

Amenities:

Cable or Satellite, Patio/Deck, Playground, Pool, Storage, TV, Tennis, View

For sale by:

Agent/Broker

Phone:

01522 536777

Posted:

February 16 2011 on Facebook