**Unsold, but is available at £500,000**
BUY TO LET OPPORTUNITY: A NEWLY REFURBISHED FREEHOLD BUILDING CONTAINING 11 BEDROOMS WITH EN-SUITES CLOSE TO CLACTON SEAFRONT
This three storey building has recently been converted and renovated to create an air B&B/serviced accommodation. The building contains 11 Rooms, all with En Suite shower rooms, of which four have independent access. It is considered that the rooms could be let on a nightly rate to visitors of the area as well as longer term occupants and that there is a high demand for this type of accommodation the Clacton area.
Ground Floor -
Room 1-Double Room with shower room and external access.
Room 2- Double Room with shower room and external access via double doors.
Room 3-Large double with shower room.
Room 4- Double Room with large bathroom and balcony
Room 5- Double room with shower room
Room 6- Double room with shower room and external access via cast iron staircase.
Room 7-Single room with shower room
Room 8-Single room with shower room
Room 9-Double room with shower room
Room 10-Single room with shower room
Room 11-Double room with shower room
It is considered that if let on a monthly rate the rooms should achieve between £450 and £650 per month.
If let on a nightly rate the rooms should achieve between £35 and £100 per night.
For further details on the potential income that could be achieved please contact the Auctioneers.
By appointment with the Auctioneers
Please contact us for more information
Tel: 01702 311010
* Important information about guide prices and reserve prices
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that provisional reserves range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition below). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.