Wilson Road, Southend On Sea, Essex, SS1

£745,000

Guide price

DESCRIPTION:

Comprising 5 x 1 Double Bedroom and 1 x 2 Bedroom Luxury Apartments, all having their own kitchen/diner, lounge and bathroom/WC. Fully furnished to a high standard and including all kitchen utensils, washer/dryer, microwave, TV with Freeview & Broadband access.

Location In a popular Conservation area and conveniently located adjacent close to Cliff Gardens and within walking distance of the Railway Station and seafront. Other nearby landmarks include the Cliffs Pavilion Theatre and the Towns vibrant night time Restaurant scene and outstanding shopping centre.

The Property A distinctive building which has been sympathetically converted into 6 luxury Hotel Apartments. These comprise 5 one double bedroom apartments and a larger 2 bedroom apartment. Each is completely self-contained with its own Kitchen, Lounge, Bathroom & WC. These rooms provide accommodation of a high standard aimed at professional and business people looking for short to long term quality accommodation.

Turnover/Expenses This opportunity comprises the sale of assets only, being the freehold property and fixtures and fittings. No information will be provided in connection with historic or current income and expenses.

Staff Given the nature of the business, this requires nominal owner input and could easily be run by a well organised Caretaker/Manager, which makes it ideal for overseas or remote owners/investors as well as anyone with some Hospitality experience.

Tenure Freehold.

Business Rates The 2017 rating valuation describes the property as 'Self catering holiday unit and premises' with a value of £6,000.

Potential We believe this opportunity has real potential in the hands of a full time operator who has sufficient time to develop the business with a better web presence and more aggressive marketing strategy.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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