Hotel/guest house for sale in Tetney Lock Road, Grimsby DN36

Guide price £420,000 (£324.32/sq. ft)
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Hotel/guest house for sale

1,295 sq. ft*

Property features

  • Excellent Investment Opportunity
  • Holiday Let Property Business
  • Generating in Excess of £22,000 per annum.
  • Had a completes refurbishment to a very high standard
  • Offering over 1295 sq. Ft (120.8 sq. M.) approx. Living accommodation
  • Also has large games room and addition of a hot tub.

Property description

The subject property is situated in the pretty hamlet of Tetney Lock which is part of Tetney in North East Lincolnshire. It is located next to the canal lock which is popular with paddleboarders and fisherman. The popular seaside town of Cleethorpes is just 7 miles away and only 6 miles approx. To the beautiful Lincolnshire Wolds. The market town of Louth is just 13 miles away. The property is just a 5-minute walk from the local pub with an alpaca farm close by.

The former brick-built chapel which was built in 1864 is fitted to an exceptional standard throughout. The current owners have recently completely refurbished the property to a very high standard with new kitchen with modern units and a modern fitted bathroom with large walk-in shower. There is an additional large games room and a hot tub.

The current owners have been running the business as a holiday let through and doing some private holiday lets themselves. There is potential to increase this business substantially as they have not advertised this to capacity and the property is probably only let to 50% capacity approx. They are currently generating more than £22,000 per annum in income and this could be increased immediately with more bookings to increase capacity.

The accommodation is set over two floors with a conservatory and a separate games room and the addition of a hot tub.
The approximate accommodation comprises:
Ground floor.
Living Area (including conservatory) 325.9 sq. Ft. (30.2 sq. M.)
Kitchen 174.4 sq. Ft. (16.2 sq. M.)
Utility 59.6 sq. Ft. (5.5 sq. M.)
Downstairs WC

First Floor
Bedrooms total area 305.8 sq. Ft. (28.4 sq. M.)
Bathroom 91.2 sq. Ft. (8.4 sq. M.)

Games Room 338.4 sq. Ft. (31.4 sq. M.)

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Cleethorpes Properties, DN31 on +44 1472 467137 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cleethorpes Properties, and do not constitute property particulars. Please contact Cleethorpes Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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