£575,000

Hotel for sale

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Freehold

£575,000

Hotel for sale

Linden Terrace, Whitley Bay NE26

7 baths
1 reception

Local area information

Property location

Nearby amenities

  • Rockcliffe First School 0.3 miles
  • Marine Park First School 0.4 miles
  • North Shields Ferry Terminal 2.7 miles
  • South Shields Ferry Terminal 3.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Whitley Bay to find out more about the local area.

Features and description

  • Freehold
  • Stunning Coastal Location Enjoy Direct Access To The Beautiful Whitley Bay Beach
  • Prime Location Offering Easy Access To Attractions, Dining And Entertainment.
  • Steady Revenue Stream Monthly Income Of Approx £12,000, - £10,000 per month
  • Financial Records Available: Clear Financial Documentation to Showcase Profitability
  • Turnkey Operation: Fully Operational With Established Systems, Processes, & Vendor Relationships, Making For A Seamless Transition For The New Owner.
  • Advantage Of Hotel Parking for Up To 7 Cars
  • 6 Rooms All Fully Furnished
  • Approx size - 209 sqm
An exceptional investment opportunity in Whitley Bay where property prices have risen by approximately16% over the past 3 years will achieve £5,750 pcm. This stunning 6-bed boutique hotel, comprising of: 6 rooms and a kitchen. With 1 room having the flexibility of being a bedroom or a lounge. There are 7 bathrooms - all bedrooms are en-suite. 2 king bedrooms and kitchen on the ground floor 1 king bed and 1 family suite on middle floor - with plant room and linen store 1 king and 1 family suite on top floor - with a storage cupboard 7 private parking spaces at the front. Private yard at the back Situated in a prime location of Whitley Bay, this luxurious property combines elegant design with modern amenities, providing an unforgettable experience for guests. This property is perfectly situated just moments from the beach, attracting both leisure and business travellers. Don’t miss your chance to own a profitable and thriving business in the hospitality industry, where around 6 million tourists visit the North Tyneside area annually, including Whitley Bay.
Whitley Bay is the ideal place for both short-term rentals, long-term property investment due to ongoing regeneration projects, like the renovation of Spanish City

Deal Details

*** please note this deal is not for distribution ***

Contact Us

Via Email:

Via Telephone: Monday to Friday 9:00 am to 5:00 pm

Disclaimer - Important

•Vigeo Property Hub Ltd do not give Financial or Legal advice. Any information or communication should not be construed as such.
•Vigeo Property Hub Ltd cannot be held responsible for any losses incurred or failure of the client to take professional and legal advice.
•Please note due to the nature of our instructions the description and photographs are for guidance only. Therefore it is very important that you seek professional advice from a surveyor, solicitor and accountants etc before proceeding.
•Vigeo Property Hub Ltd can provide a personalised site visit if required.
•Vigeo Property Hub Ltd do not test any equipment or carry out building surveys at the property and are unable to give any warranty as to the condition and working order of appliances, heating systems, electrics or construction.
•The information provided in the sales sheet is for general guidance only. All figures are approximate and provisional. Condition/furnishings may be subject to change.
All information are the findings of our due diligence. Please make sure you complete your own due diligence to satisfy your needs
•Vigeo Property Hub Ltd cannot guarantee rental incomes, future valuations or post-sales values. Property values can fall as well as rise, rental incomes can decrease and void periods can occur.

Third Party Suppliers

We can refer to you a number of great experts: RICS Surveyor, Solicitors, Builders, Client Representative, Letting Agent/Estate Agent.
We are happy to introduce you to any of the mentioned experts to help you obtain any advice that we do not provide but for the avoidance of doubt, we do not make any representations as to their suitability and you are free at any time to use your own Third Party Suppliers.
The engagement with the builder teams triggers the engagement with the associated Client Representative. Builder team cannot be provide without associated Client Representative and vice-versa. The client can agree to use their own builder team and Client Rep.
Nb: The Client Rep and the builder team are a separate legal entity to Vigeo Property Hub Ltd, therefore the Client Rep and any refurbishment are subject to a separate agreement provided by the Client Rep Vigeo Property Hub Ltd is not liable for the Client Rep and refurbishment, which will be agreed between the client and the Client Rep.

Property Redress Scheme

Vigeo Property Hub Ltd are members of the Property Redress Scheme and subscribe to Property Redress Scheme Code of Practice

Floor plans and tours

Floor plans (3)

Floor plan 1
Floor plan 2

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Vigeo Property Hub Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Vigeo Property Hub Limited for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Whitley Bay
  5. Linden Terrace