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Hotel with Sea Views - Planning Permissions Granted for conversion to 5 apartments - Margate (CT9)

Sherwood Hotel, 8 Ethelbert Crescent, Margate, CT9 2AY

£900,000
Commercial
About this Property
900000
Traditional
Commercial
Description

Invest in your future with this exceptional property situated at 8 Ethelbert Crescent, Kent. This expansive hotel property offers an exciting opportunity for investors looking to capitalise on the booming hospitality industry. With 9 bedrooms, 9 bathrooms, and 6 reception rooms, this property is an impressive 4000 sqft, making it an ideal investment for those seeking to expand their portfolio. Boasting planning permission for 5 flats, this property presents a unique chance to further maximize its potential profitability. The hotel is operational, ensuring immediate revenue generation and eliminating any additional waiting time. Whether you're an experienced investor or new to the property market, this opportunity offers a hassle-free and potentially lucrative venture. Situated in the highly desirable Ethelbert Crescent, this property enjoys a prime location in Kent. Close to local amenities and offering easy access to transportation links, it is attractive to both short-term tourists and long-term residents. Combining the benefits of a hotel and residential living, this property offers flexibility and provides an excellent foundation for a successful investment. The 9 spacious and beautifully appointed bedrooms are luxuriously designed to offer guests the utmost comfort during their stay. Each bedroom is accompanied by its own private bathroom, ensuring privacy and convenience. The property's stylishly designed reception rooms provide the perfect ambiance for relaxation and socializing, making it an attractive option for hosting events or connecting with guests. With ample space throughout, the property offers a versatile layout that can be easily adapted to meet various demands and purposes. As this property is being sold at auction, it presents an exceptional opportunity to secure an investment at a potentially favorable price. Act now to capitalize on this exciting prospect and secure your place in one of the UK's most lucrative property markets. Don't miss out on a chance to own a property that promises both immediate returns and substantial future growth. Contact us today to arrange a viewing and take the first step towards making this remarkable property yours.

Location
More Information
Freehold
Ethelbert Crescent
Commercial
Planing Authority
Thanet LPA
Sold Price History
09 Jul 1998Sold£72,000
08 Apr 1999Sold£55,000
05 Mar 2002Sold£123,000
23 Jan 2004Sold£275,000
08 Mar 2018Sold£410,000
23 Jul 2025Unsold Lot Barney Estates and Auctioneers£900,000
30 Jul 2025Unsold Lot Barney Estates and Auctioneers£900,000

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