South Beach Parade

The Business
The property currently operates as a successful Bed & Breakfast business, generating approximately £30,000 per annum, whilst also benefiting from strong residential rental income. The accommodation includes two one-bedroom flats and one two-bedroom flat, currently producing approximately £2,200 per calendar month.
This combination of established hospitality income and residential lettings provides a diversified and attractive revenue stream for investors, developers, or owner-operators seeking a substantial mixed-use asset in a prominent coastal location.
The Property
This impressive two-storey property occupies a highly visible seafront position and offers extensive accommodation and trading areas. The ground floor includes a large open-plan bar/lounge with dance floor and stage, together with a separate restaurant area enjoying sea views and seating for approximately 28 covers.
Additional facilities include storage rooms, utility areas, ladies' and gentlemen's WCs, cellarage, patio seating, a substantial courtyard with potential parking provision, and private yard areas with garage storage. Storage Space with income of £4800pa
The residential element comprises:

Owner's/Manager's accommodation.
Two self-contained one-bedroom flats.
One self-contained two-bedroom flat.

The flats are currently let and generate a combined rental income of approximately £26,400 per annum (£2,200 pcm).
Location
The property enjoys a prominent seafront position in Great Yarmouth