1436
Sold Offers Over £425,000

The Wimslow, Marine Road East, Morecambe

11 Bed House - Mid Terrace 

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Property Details

A fantastic opportunity to purchase this immaculate property currently run as ‘The Wimslow’ guest house/bed and breakfast.

Occupying a prime location on Morecambe promenade the guesthouse commands unrivalled views of Morecambe bay and the Lake District fells. Set over five floors, this spacious mid terrace property offers six quality en-suite guest rooms, four further bedrooms (however the current owners do not currently utilise all as bedrooms) and a private, level entry access self-contained owners’ accommodation to the lower ground floor with a generous bedroom, wet room style shower room, lounge, and kitchen.

The property presents sea views from its ground floor guest lounge with built in kitchenette and its first floor dining room where breakfast is served from a dedicated kitchen on the same floor. Externally to the rear is a yard and detached garage with separate storage for guest bicycles, with parking for three cars in front of the garage.

The Wimslow has an excellent reputation with repeat custom and exceptional reviews on online portals such as Booking.com. To meet other commitments, the owners have run the guesthouse at 25% occupancy generating an approximate turnover of £30-35,000 per annum – however this extensive property has the space to introduce a further three guest rooms presenting an opportunity to significantly increase the annual income. Alternatively, subject to the relevant planning permissions, there is the potential to create self-contained apartments for holiday lets/AirBnB purposes or conversion back into a large family home.

Further information is available on request/viewing regarding works done to the property since the current owners’ purchase in 2008 – including reconfiguration of some floors/rooms, electric works, new boilers, new flat roof in 2011 to front extension and dormers (with 20 year guarantee) and much more!

Situated on the sea front, the property is in a great location close to all local amenities including shops, cafes, Post Office, train station and bus routes. The area has also particularly benefited from the ‘The Bay Gateway’, which now links the Morecambe and Heysham areas to the M6 motorway, whilst also providing improved access to the Lake District.

Morecambe Promenade has undergone considerable redevelopment over the past few years with various events such as the nationally acclaimed Vintage Festival, Kite Festival and Morecambe Carnival now drawing in large numbers of visitors to the area. The proposed Eden Project North will also be a huge attraction for the area - which is currently in the planning stage but is set to be a seaside twist on the successful Eden Project in Cornwall.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. It is not company policy to test any services or appliances in properties offered for sale and these should be verified on survey by prospective purchasers.

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