***ATTENTION INVESTORS!***SIX BEDROOM DETACHED PROPERTY***FANTASTIC INCOME POTENTIAL*** This 6 bedroom detached property is a truly exciting prospect for any potential investor. Magnolia House is a fully functioning Bed and Breakfast, which has most recently been used as a Guest House, situated in an ideal position within this popular seaside town. Offering a quite staggering return, this home is one of the most interesting propositions you could find on the open market. Boasting en-suites to each bedroom, off street parking for multiple vehicles and extensive list of fixtures and fittings, this property could be ready for business from the first day of ownership. Energy rating (D).
All Sizes Are Approximate The Accommodation Comprises: -
Built in the 1920’s, Magnolia House is a substantial detached property occupying a sizeable plot. Ideally located a mere walking distance from both the seafront and high street, the home has been operating as either a reputable bed & breakfast or guest house for more than 15 years to huge success, achieving a fantastic financial revenue along the way.
The property is fitted with all essential fixtures and fittings throughout, perfectly suited and ready for all business requirements. Features such as high-end CCTV, industrial level kitchen appliances, bedroom furniture (accompanied with televisions & microwaves) and modern fit fire escape windows enable this to be an active business earning a revenue within days of purchase.
Internally, the property is both spacious and light, with good cosmetic presentation throughout. Each bedroom is sizeable, with modern en-suite fitments. The main guest bedroom is especially large, with a separate dressing room / study area, alongside the en-suite. The ground floor comprises of a lounge to the front, with a typically characterful bay window feature, a dining room fitted with air conditioning, a modern conservatory leading to the garden beyond and a kitchen fit for purpose. To the rear, the master bedroom is located separate to the rest of the house, allowing for a peaceful retreat for any owner of the property.
Outside, the front plot is a large expanse, suitable for parking up to eight vehicles. This is perfect for any business operations or large families. To the rear there is a private garden laid to both patio and lawn, with sheds for storage.
Agents Note: In recent years, the property has been used as a Guest House, with a constant flow of business coming from Sedgemoor Council placements. This generates a exceptional constant income all year round, details for which could be provided to interested parties.
Tenure: Freehold -