Commercial/Investment opportunity. Being sold as a going concern and currently operating, this seven bedroom B&B in the heart of Spalding town centre overlooking the river also benefits from a self contained one bedroom basement level flat for manager. All seven bedrooms have en-suites, with the downstairs accomodation including kitchen, communal lounge and seperate dining room. The property also benefits from an office on the first floor and laundry room. Five years worth of turnover and yearly/monthly expenditure available on request. Entrance Hall Kitchen 9'2" x 7'1" (2.8m x 2.16m) Dining Room 11'9" x 9'1" (3.58m x 2.77m) Communal Lounge 10'11" x 11'3" (3.33m x 3.43m) Utility Room/Cloakroom Utility Room Basement flat Hallway Shower Room Kitchen/Diner 10'10" x 8'11" (3.3m x 2.72m) Lounge 10'9" x 8'11" (3.28m x 2.72m) Bedroom 11 x 10'8" (11 x 3.25m) First Floor Landing in main premises Office 9'7" x 8'4" max (2.92m x 2.54m max) Bedroom (Single) 9'7" x 8'4" max (2.92m x 2.54m max) En-suite Bedroom (Double) 8'2" min x 9'7" (2.5m min x 2.92m) En-suite Laundry Room Second Floor Landing Bedroom (Double) 8'2" min x 9'7" (2.5m min x 2.92m) En-suite Bedroom (Double) 8'2" min x 9'7" (2.5m min x 2.92m) En-suite Bedroom (Single) 9'7" x 8'4" max (2.92m x 2.54m max) En-suite Bedroom (Single) 9'7" x 8'4" max (2.92m x 2.54m max) En-suite Bedroom (Single) 9'7" x 8'4" max (2.92m x 2.54m max) En-suite
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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