Lot 67
Hotel - Commercial Property
The Castle Hotel
50 New Barns Road, Ely, Cambridgeshire, CB7 4PW
Sold for £625,000
A Freehold Hotel Investment Providing Seventeen Bedrooms Let on an FRI Producing £48,000 Per Annum
Description
Location
Accommodation
1x Superior Double Bedroom with en-suite
2x Split Level Double Bedroom with en-suite
1x Superior Family Suite (double and sofa bed) with shower room
First Floor
1x Twin Bedroom with en-suite
1x Double Four Poster Bedroom with en-suite
1x Double Bedroom with en-suite
2x Family Quad Bedroom (double and two singles) with en-suite
2x Triple Bedroom (double and single) with en-suite
Second Floor
3x Single Bedroom with shared bathroom
1x Triple Bedroom (three singles) with shared bathroom
2x Double Bedroom with shared bathroom
Exterior
Tenancy
Current Rent Reserved
Note
Joint Agent
Additional Fees and Disclaimer
Administration charge: £1,500 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about The Castle Hotel, 50 New Barns Road, Ely, Cambridgeshire, CB7 4PW
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