An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe. The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location
The Shipping Lanes, 363 Marine Road East, Morecambe, LA4 5AQ
An exceptional opportunity to acquire a beautifully presented, established 12-bedroom guest house, occupying a prime seafront position on Marine Road East in the popular coastal town of Morecambe. The property offers 12 well-appointed guest bedrooms, all benefiting from their own en-suite facilities, providing an attractive and established hospitality business in a highly desirable coastal location. Presented to a high standard throughout, the guest house is ready for a new owner to step in and continue trading, making this an exciting proposition for both experienced hospitality operators and investors looking to acquire a substantial income-producing asset.
Adding further appeal is a separate two-bedroom, two-bathroom annexe, offering ideal accommodation for an owner, resident manager or staff member, allowing the business and residential accommodation to operate independently. With its enviable seafront location, substantial bedroom capacity, separate living accommodation and ready-to-trade condition, The Shipping Lanes represents a rare opportunity to acquire a sizeable hospitality business in a prominent coastal setting. Offered for sale by auction, early viewing is strongly recommended to appreciate the scale, presentation and potential of this impressive property.
Freehold
* Plus 2% Buyers Premium plus VAT
Each Lot is sold in its existing condition and state of repair. Buyers are deemed to have inspected the Property and satisfied themselves as to its condition, structure and suitability prior to bidding. Town & Country Property Auctions gives no warranty or guarantee as to the condition, structure, construction, repair or suitability of any Property, or the working order of any fixtures, fittings, services, heating systems or appliances included in the sale. No objection, claim or recourse shall be made against Town & Country Property Auctions in respect of these matters. Purchasers requiring mortgage finance or other funding are advised to arrange this prior to the auction and should satisfy themselves that the Property meets their lender's requirements. Material information relating to the Property will be provided within the Legal Pack. To download the Legal Pack, please visit tcpa.co.uk.
The 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, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Impressive 12-bedroom guest house, with all bedrooms benefiting from en-suite facilities, positioned prominently on the seafront at Marine Road East, Morecambe.
Recent annual turnover in the region of £90,000, providing an established trading history and an attractive opportunity for an investor or experienced hospitality operator
Separate 2-bedroom, 2-bathroom annexe, offering excellent flexibility as owner/manager accommodation or potentially providing an additional income stream, subject to any necessary consents.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
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.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
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