£420,000

Hotel for sale

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Business

Guide price

£420,000

(£324.32/sq. ft)

Hotel for sale

Tetney Lock Road, Grimsby DN36

1,295 sq. ft

Local area information

Property location

Nearby amenities

  • The North Cotes Church of England Primary School 1.2 miles
  • Tetney Primary School 1.8 miles
  • Cleethorpes 4.7 miles
  • New Clee 6.1 miles

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

Features and description

  • Village Setting

  • 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.
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.)

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Cleethorpes Properties. 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 Cleethorpes Properties for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North East Lincolnshire
  4. Grimsby
  5. Tetney
  6. Tetney Lock Road

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