Cleveland Road
£1,500,000Beds / 17
Bath / 20
Reception / 3
Grade 4 Listed Guest House Located on Cleveland Road with Development Potential
The Thalatta is a registered Guest House, located on Cleveland Road. The property is currently rented out with the tenancy ending in 2026, the current passing rent is £40,500 per annum.
The property is arranged over three floors and currently has 17 guest rooms, all of which are doubles or triples. On the ground floor the property also offers a restaurant, kitchen, laundry room, covered yard and 2 staff rooms with ensuites. Access available to the rear of the property from a private lane.
Planning in principle approval Ref: PP20010179 from 2001 which has now lapsed, for 8 units : 6 x 1 bedroom apartments (including a caretakers apartment), 1 x 2 bedroom apartments and with the benefit of also creating 5 new parking spaces.
Internal Photos to follow.
Please call Maillard & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.
Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification (passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds. This is in order for us to comply with the current Money Laundering Legislation.
17
|Bedrooms
20
|Bathrooms
Set on three floors
Registered guest house
Development opportunity
Previous Planning in Principle Approval for 8 Apartments
Ideal Location close to the beach and town
17 guest bedrooms
Business opportunity
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